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Dec 31, 2020
Esquire Financial Q4 2020 Earnings Report
Esquire Financial reported strong loan and deposit growth, record revenue, and invested in digital assets.
Key Takeaways
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.
Net income increased to $3.9 million, or $0.51 per diluted share.
Industry leading returns on average assets and common equity of 1.70% and 12.54%, respectively.
Net interest margin improved to 4.49%.
Merchant fee income from our payment processing platform increased 23% to $4.6 million.
Esquire Financial
Esquire Financial
Esquire Financial Revenue by Segment
Revenue by Segment
Payment processing fees Revenue
CapyFin.com