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ESQ

Esquire Financial Holdings, Inc.

ESQ

Esquire Financial Holdings, Inc. • NASDAQ
$102.06 ▼ -0.83% (-0.85)
Market Cap $874.19 M
52w High $107.25
52w Low $68.90
Dividend Yield 0.70%
P/E 17.97
Volume 17.86K
Outstanding Shares 8.57M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $42.364M ▲ $18.36M ▲ $14.057M ▲ 33.181% ▲ $1.74 ▲ $18.401M ▲
Q2-2025 $40.113M ▲ $17.062M ▲ $11.89M ▲ 29.641% ▼ $1.48 ▲ $16.159M ▼
Q1-2025 $37.664M ▲ $16.748M ▲ $11.407M ▼ 30.286% ▼ $1.43 ▼ $16.421M ▼
Q4-2024 $36.953M ▲ $15.685M ▲ $11.753M ▲ 31.805% ▼ $1.49 ▲ $16.491M ▲
Q3-2024 $35.193M $15.358M $11.36M 32.279% $1.45 $16.335M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $505.891M ▲ $2.184B ▲ $1.905B ▲ $279.227M ▲
Q2-2025 $420.348M ▲ $2.06B ▲ $1.796B ▲ $263.556M ▲
Q1-2025 $409.96M ▲ $1.954B ▲ $1.704B ▲ $250.724M ▲
Q4-2024 $368.075M ▲ $1.893B ▲ $1.655B ▲ $237.094M ▲
Q3-2024 $359.123M $1.782B $1.55B $232.568M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $14.057M ▲ $16.75M ▲ $-35.049M ▲ $96.085M ▲ $77.786M ▲ $15.372M ▲
Q2-2025 $11.89M ▲ $10.487M ▼ $-113.829M ▼ $93.274M ▲ $-10.068M ▼ $8.729M ▼
Q1-2025 $11.407M ▼ $15.81M ▲ $-13.591M ▲ $44.493M ▼ $46.712M ▲ $14.061M ▲
Q4-2024 $11.753M ▲ $11.685M ▲ $-134.563M ▼ $101.544M ▲ $-21.334M ▼ $10.907M ▲
Q3-2024 $11.36M $10.532M $-64.118M $48.516M $-5.07M $9.751M

Revenue by Products

Product Q3-2022Q4-2022Q1-2023Q2-2023
Customer related fees service charges and other
Customer related fees service charges and other
 $0 ▲$0 ▲$0 ▲$0 ▲
ACH income
ACH income
 $0 ▲$0 ▲$0 ▲$0 ▲
Administrative service income
Administrative service income
 $0 ▲$0 ▲$0 ▲$0 ▲
Other
Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Payment processing income
Payment processing income
 $10.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Esquire has shown steady, healthy growth in both revenue and profits over the past several years. Earnings per share have climbed meaningfully, which suggests the business is scaling well and controlling costs. Profitability levels look strong for a regional, niche-focused bank, and margins have generally held up even as the bank has grown. The main watch points are credit quality in its specialized loan book and how earnings might react if interest rate conditions change or legal-industry activity slows.

Balance Sheet

Balance Sheet The balance sheet looks conservative and straightforward. Assets have grown consistently, funded largely by deposits and equity rather than by borrowing, with no meaningful debt on the books. Equity has steadily increased, indicating that profits are being retained to support future growth. Cash levels are solid for a niche bank, though not excessive, which is typical for an efficient, mostly digital model. Key risks to monitor include concentration in specific client segments (especially law firms) and how the bank manages credit risk across economic cycles.

Cash Flow

Cash Flow Cash generation from the core business has been consistently positive and has comfortably covered the bank’s needs. The model is not capital intensive, so there is little spending on physical assets, which helps free cash flow remain strong. This gives the company flexibility to reinvest in technology, support balance sheet growth, or return capital when appropriate. The main uncertainty is how cash flows would behave under a stressed credit environment or if deposit behavior changes sharply.

Competitive Edge

Competitive Edge Esquire operates in a very specific niche—serving law firms and related legal businesses, plus merchant payment processing—where it has developed deep expertise. This specialization, combined with tailored products and a high-service model, creates meaningful switching costs for clients and a defensible competitive moat. Its branch-light, digital-first structure also keeps costs relatively lean. However, the focused strategy means the bank is more exposed to the health of the legal market and to competition from larger banks or fintech players that may try to move into this profitable niche.

Innovation and R&D

Innovation and R&D Rather than traditional laboratory-style R&D, Esquire invests heavily in technology and specialized systems. It runs a largely digital platform, leverages advanced data and marketing tools (such as Salesforce-driven campaigns), and has made strategic fintech investments like Payzli to bolster its payments offering. Its technology is tailored to legal workflows and complex trust and settlement accounts, which is a key differentiator. The upside is continued efficiency and product innovation; the risks lie in execution, integration of fintech partnerships, and staying ahead on cybersecurity and regulatory tech requirements.

Summary

Overall, Esquire looks like a focused, growing niche bank with strong profitability, a conservative balance sheet, and solid cash generation. Its main strengths are its specialization in the legal sector, technology-enabled service model, and strong client relationships that create a durable moat. The key risks relate to concentration in a specific industry, sensitivity to credit and interest-rate cycles, and the need to keep executing well on technology and partnership strategies. For observers, it is a story of disciplined growth in a narrow but defensible banking niche, with performance closely tied to credit quality and the continued health of its target markets.

NEWS

October 30, 2025 · 4:30 PM UTC

ESQUIRE FINANCIAL HOLDINGS, INC. DECLARES REGULAR QUARTERLY DIVIDEND FOR COMMON STOCKHOLDERS

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October 23, 2025 · 8:30 AM UTC

ESQUIRE FINANCIAL HOLDINGS, INC. REPORTS THIRD QUARTER 2025 RESULTS

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September 16, 2025 · 8:30 AM UTC

Esquire Bank Recognized as a 2025 Top Deposit Franchise by S&P Global Market Intelligence

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