Esquire Financial Holdings, Inc. operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal and small business communities, and commercial and retail customers in the United States.
Flawless balance sheet with proven track record.
Share Price & News
How has Esquire Financial Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ESQ has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ESQ underperformed the US Banks industry which returned 11.1% over the past year.
Return vs Market: ESQ underperformed the US Market which returned 19.3% over the past year.
Price Volatility Vs. Market
How volatile is Esquire Financial Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StDoes The Esquire Financial Holdings, Inc. (NASDAQ:ESQ) Share Price Tend To Follow The Market?
1 month ago | Simply Wall StDoes Esquire Financial Holdings's (NASDAQ:ESQ) Share Price Gain of 11% Match Its Business Performance?
1 month ago | Simply Wall StIs Now An Opportune Moment To Examine Esquire Financial Holdings, Inc. (NASDAQ:ESQ)?
Is Esquire Financial Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ESQ ($23.8) is trading above our estimate of fair value ($13.81)
Significantly Below Fair Value: ESQ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ESQ is good value based on its PE Ratio (12.5x) compared to the Banks industry average (12.6x).
PE vs Market: ESQ is good value based on its PE Ratio (12.5x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: ESQ is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: ESQ is overvalued based on its PB Ratio (1.6x) compared to the US Banks industry average (1.2x).
How is Esquire Financial Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ESQ's forecast earnings growth (17.4% per year) is above the savings rate (1.7%).
Earnings vs Market: ESQ's earnings (17.4% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: ESQ's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if ESQ's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if ESQ's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ESQ's Return on Equity is forecast to be low in 3 years time (14.5%).
How has Esquire Financial Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ESQ has a high level of non-cash earnings.
Growing Profit Margin: ESQ's current net profit margins (32.1%) are higher than last year (25.5%).
Past Earnings Growth Analysis
Earnings Trend: ESQ's earnings have grown significantly by 51.8% per year over the past 5 years.
Accelerating Growth: ESQ's earnings growth over the past year (61.9%) exceeds its 5-year average (51.8% per year).
Earnings vs Industry: ESQ earnings growth over the past year (61.9%) exceeded the Banks industry 12.2%.
Return on Equity
High ROE: ESQ's Return on Equity (12.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Esquire Financial Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: ESQ has a low level of unsold assets or inventory.
Debt Coverage by Assets: ESQ's debt is not covered by short term assets (assets are -18x debt).
Financial Institutions Analysis
Asset Level: ESQ's level of assets compared to its equity is low.
Allowance for Bad Loans: ESQ has a sufficient allowance for bad loans.
Low Risk Liabilities: ESQ's liabilities are made up of primarily low risk sources of funding.
Loan Level: ESQ has an acceptable proportion of non-loan assets held.
Low Risk Deposits: ESQ's loans are broadly funded by customer deposits.
Level of Bad Loans: ESQ has an appropriate level of bad loans (0.26%)
What is Esquire Financial Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ESQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ESQ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ESQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ESQ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ESQ's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrew Sagliocca (51yo)
Mr. Andrew C. Sagliocca has been the Chief Executive Officer at Esquire Financial Holdings, Inc. since January 2009 and serves as its President. He has been the Chief Executive Officer at Esquire Bank sinc ...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD1.71M) is above average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: Andrew's compensation has increased by more than 20% in the past year.
|CEO, President & Director||11.1yrs||US$1.71m||1.69% $3.1m|
|Executive VP||1.2yrs||US$1.03m||0.75% $1.4m|
|Executive VP & Director of Sales||7.1yrs||US$1.03m||0.55% $993.7k|
|Senior VP & CFO||1.2yrs||no data||0.072% $130.9k|
|Senior VP & Director of Merchant Services||0yrs||no data||no data|
Experienced Management: ESQ's management team is considered experienced (4.1 years average tenure).
|CEO, President & Director||11.1yrs||US$1.71m||1.69% $3.1m|
|Independent Director||14.1yrs||US$45.94k||0.70% $1.3m|
|Chairman of the Board||1.5yrs||US$179.77k||0.73% $1.3m|
|Independent Director||3.8yrs||US$26.19k||0.11% $201.8k|
|Independent Director||5.1yrs||US$87.55k||0.61% $1.1m|
|Independent Director||13.1yrs||US$78.30k||1.24% $2.3m|
|Independent Director||13.1yrs||US$19.19k||0.66% $1.2m|
|Independent Director||11.1yrs||US$32.69k||4.01% $7.3m|
|Independent Director||14.1yrs||US$59.33k||1.5% $2.7m|
|Independent Director||7.1yrs||US$22.19k||0.17% $309.4k|
Experienced Board: ESQ's board of directors are seasoned and experienced ( 11.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ESQ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Esquire Financial Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Esquire Financial Holdings, Inc.
- Ticker: ESQ
- Exchange: NasdaqCM
- Founded: 2006
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$182.122m
- Shares outstanding: 7.65m
- Website: https://www.esquirebank.com
Number of Employees
- Esquire Financial Holdings, Inc.
- 100 Jericho Quadrangle
- Suite 100
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ESQ||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Jun 2017|
Esquire Financial Holdings, Inc. operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal and small business communities, and commercial and retail customers in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit. It also provides commercial loans, including short-term financing for inventory, receivables, the purchase of supplies, or other operating needs arising during the normal course of business, as well as loans to its qualified merchant customers; commercial lines of credit; consumer loans consisting of post-settlement consumer and structured settlement loans to plaintiffs and claimants, as well as loans to individuals for debt consolidation, home repairs, home improvement, or consumer purchases; and real estate loans, such as multifamily, 1-4 family residential, commercial real estate, and construction loans. As of December 31, 2018, the company operated a branch in Garden City, New York; and an administrative office in Boca Raton, Florida. Esquire Financial Holdings, Inc. was founded in 2006 and is headquartered in Jericho, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 01:59|
|End of Day Share Price||2020/02/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.