Esquire Financial Earnings Reports

Esquire Financial Holdings, Inc. reported a net income of $11.4 million for the first quarter of 2025, an increase of 13% compared to the same period in 2024. This growth was primarily driven by a 20.8% increase in net interest income, reaching $27.6 million, and a net interest margin expansion to 5.96%. The company maintained strong asset quality with a nonperforming loan to total assets ratio of 0.41% and achieved industry-leading returns on average assets and equity.

Esquire Financial Holdings reported a strong fourth quarter and full year 2024, characterized by significant commercial loan and deposit growth. Net income for the quarter increased by 19% to $11.8 million, with earnings per diluted share at $1.37. The company's performance was supported by industry-leading returns on average assets and equity, along with expansion of total revenue and strong core deposit growth.

Esquire Financial Holdings, Inc. announced strong third quarter results with net income of $11.4 million, or $1.34 per diluted share. The company's performance was driven by growth in low-cost core deposits and strategic deployment of funds into higher yielding commercial law firm loans and short duration agency mortgage-backed securities.

Esquire Financial Holdings reported a net income of $10.5 million, or $1.25 per diluted share, for the second quarter of 2024, compared to $9.1 million, or $1.10 per diluted share, for the same period in 2023. The company's returns on average assets and equity were 2.58% and 20.16%, respectively. Revenue was $30.6 million, driven by a net interest margin of 6.19%.

Esquire Financial Holdings reported a net income of $10.1 million, or $1.20 per diluted share, for Q1 2024. The company saw consistent returns on average assets and equity, fueled by revenue expansion to $29.3 million, a strong net interest margin of 6.06%, and stable fee-based income.

Esquire Financial Holdings, Inc. reported an 8% increase in net income to $9.9 million, or $1.18 per diluted share, for the fourth quarter of 2023. The company's revenue base expanded, fueled by a net interest margin of 6.12% and stable fee-based income. Significant loan and deposit growth contributed to the strong performance.

Esquire Financial Holdings, Inc. reported a net income increase of 28% to $9.8 million, or $1.17 per diluted share, for the third quarter of 2023. The company's performance was driven by commercial loan growth and a strong net interest margin of 6.19%.

Esquire Financial Holdings, Inc. reported a strong second quarter in 2023, with net income increasing by 43% to $9.1 million, or $1.10 per diluted share. The company's performance was driven by record commercial loan growth and a resilient net interest margin of 6.02%.

Esquire Financial Holdings reported a net income of $12.2 million, or $1.47 per diluted share, for the first quarter of 2023. The company's industry-leading returns on average assets and equity were 3.68% and 30.45%, respectively. The company's net interest margin increased to 6.03% due to growth in higher yielding variable rate commercial loans and increases in short-term interest rates.

Esquire Financial Holdings, Inc. reported a strong fourth quarter and full year of 2022, marked by record earnings and returns. Net income for the quarter was $9.1 million, or $1.10 per diluted share, reflecting an increase compared to the same period in 2021. The company's performance was driven by commercial loan growth and an industry-leading net interest margin.

Esquire Financial Holdings, Inc. reported a strong third quarter in 2022, marked by a 21% increase in net income to $7.7 million, or $0.94 per diluted share, driven by commercial loan growth and an asset-sensitive balance sheet.

Esquire Financial Holdings, Inc. reported a net income increase of 19% to $6.4 million, or $0.78 per diluted share, for the second quarter of 2022, driven by growth in average interest earning assets and increases in the average yields on interest earning assets.

Esquire Financial Holdings, Inc. reported a net income of $5.3 million, or $0.66 per diluted share, for the first quarter of 2022. The company's returns on average assets and equity were 1.92% and 15.06%, respectively. The loan portfolio increased to $818.0 million, and deposits increased to $1.1 billion.

Esquire Financial Holdings, Inc. reported a strong fourth quarter and full year of 2021, driven by loan and revenue growth. Net income for the quarter was $6.7 million, or $0.83 per diluted share, and total assets reached $1.2 billion.

Esquire Financial Holdings reported a net income of $2.5 million, or $0.32 per diluted share, for the third quarter of 2021. The company's industry-leading net interest margin stood at 4.50%. Excluding a charge related to the reclassification of its legacy NFL consumer post settlement loan portfolio, adjusted net income would have been $5.0 million, or $0.63 per diluted share.

Esquire Financial Holdings, Inc. reported a net income of $4.5 million, or $0.57 per diluted share, for the second quarter of 2021, compared to $2.5 million, or $0.33 per diluted share for the same period in 2020. Total revenue increased by 30% year over year, demonstrating strong growth in core commercial lending and payment processing verticals.

Esquire Financial Holdings, Inc. reported a net income of $4.2 million, or $0.53 per diluted share, for the quarter ended March 31, 2021. The company experienced growth in loans, deposits, and payment processing, contributing to record revenue and earnings. Returns on average assets and common equity were 1.81% and 13.30%, respectively.

Esquire Financial Holdings, Inc. reported net income of $3.9 million, or $0.51 per diluted share, for the fourth quarter of 2020. The company experienced robust loan and deposit growth, record revenue, and invested in digital assets to drive future performance.

Esquire Financial Holdings reported a net income of $3.6 million, or $0.48 per diluted share, for the third quarter of 2020. The company saw strong loan and deposit growth, as well as record merchant payment processing income. They also launched a new digital platform.

Esquire Financial Holdings, Inc. reported net income of $2.5 million, or $0.33 per diluted share, for the second quarter of 2020. The results were impacted by an additional provision for loan losses of $1.5 million due to the economic uncertainty surrounding the COVID-19 pandemic. Deposits increased by $27.1 million, driven by low-cost litigation market customers.

Esquire Financial Holdings reported a decrease in net income to $2.6 million, or $0.33 per diluted share, for the first quarter of 2020, compared to $3.0 million, or $0.39 per diluted share, for the same period in 2019. The results were impacted by an additional provision for credit losses totaling $1.5 million due to the COVID-19 pandemic.

Esquire Financial Holdings, Inc. reported a strong fourth quarter and full year for 2019, with net income increasing by 35% to $3.9 million, or $0.50 per diluted share, for the quarter. The company experienced growth in loans and deposits, alongside a solid net interest margin and improved efficiency ratio.