NasdaqCM:ESQ

Stock Analysis Report

Esquire Financial Holdings

Executive Summary

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.

Snowflake

Fundamentals

Proven track record with adequate balance sheet.

Risks

  • Esquire Financial Holdings is covered by less than 3 analysts.

Similar Companies

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


Market Performance


7 Day Return

6.4%

NasdaqCM:ESQ

-2.6%

US Banks

-1.0%

US Market


1 Year Return

-3.1%

NasdaqCM:ESQ

-14.2%

US Banks

-0.4%

US Market

ESQ outperformed the Banks industry which returned -16.1% over the past year.

ESQ underperformed the Market in United States of America which returned -1.7% over the past year.


Share holder returns

ESQIndustryMarket
7 Day6.4%-2.6%-1.0%
30 Day0.9%-5.5%-3.3%
90 Day6.2%-3.5%0.4%
1 Year-3.1%-3.1%-11.8%-14.2%1.8%-0.4%
3 Yearn/a42.2%32.4%39.4%30.4%
5 Yearn/a53.3%36.7%54.2%37.1%

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

Valuation

Is Esquire Financial Holdings undervalued based on future cash flows and its price relative to the stock market?

16.39x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Esquire Financial Holdings's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Esquire Financial Holdings's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Esquire Financial Holdings is overvalued based on earnings compared to the US Banks industry average.

Esquire Financial Holdings is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Esquire Financial Holdings is good value based on expected growth next year.


Price Based on Value of Assets

Esquire Financial Holdings is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Esquire Financial Holdings expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

29.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Esquire Financial Holdings's revenue is expected to grow by 5.9% yearly, however this is not considered high growth (20% yearly).

Esquire Financial Holdings's earnings are expected to grow significantly at over 20% yearly.

Esquire Financial Holdings's revenue growth is positive but not above the United States of America market average.

Esquire Financial Holdings's earnings growth is expected to exceed the United States of America market average.

Esquire Financial Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Esquire Financial Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Esquire Financial Holdings performed over the past 5 years?

53.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Esquire Financial Holdings has delivered over 20% year on year earnings growth in the past 5 years.

Esquire Financial Holdings's 1-year earnings growth exceeds its 5-year average (84% vs 53.2%)

Esquire Financial Holdings's earnings growth has exceeded the US Banks industry average in the past year (84% vs 33.2%).


Return on Equity

Esquire Financial Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Esquire Financial Holdings used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Esquire Financial Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

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


Balance Sheet


Financial Institutions Analysis

Esquire Financial Holdings has an acceptable proportion of non-loan assets held.

Unable to establish if Esquire Financial Holdings has a sufficient allowance for bad loans without relevant financial data.

Esquire Financial Holdings's liabilities are made up of primarily low risk sources of funding.

Esquire Financial Holdings's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Esquire Financial Holdings are broadly funded by customer deposits.

Unable to establish if Esquire Financial Holdings has an acceptable level of bad loans without bad loans data.


Next Steps

Dividend

What is Esquire Financial Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Esquire Financial Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Esquire Financial Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Esquire Financial Holdings has not reported any payouts.

Unable to verify if Esquire Financial Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Esquire Financial Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Esquire Financial Holdings's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Andrew Sagliocca (51yo)

10.6yrs

Tenure

US$1,714,595

Compensation

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

Andrew's remuneration is higher than average for companies of similar size in United States of America.

Andrew's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.6yrs

Average Tenure

44.5yo

Average Age

The tenure for the Esquire Financial Holdings management team is about average.


Board Age and Tenure

11.1yrs

Average Tenure

67.5yo

Average Age

The average tenure for the Esquire Financial Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by Esquire Financial Holdings individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$22,89615 Aug 19
Todd Deutsch
EntityIndividual
Role
Member of the Board of Directors
Shares1,000
Max PriceUS$22.96
BuyUS$38,12102 Aug 19
Kevin Waterhouse
EntityIndividual
Role
Member of the Board of Directors
Shares1,500
Max PriceUS$25.99
BuyUS$25,96731 Jul 19
Michael Lacapria
EntityIndividual
Role
Senior VP & CFO
Shares1,000
Max PriceUS$25.97
BuyUS$12,17329 Jul 19
Kevin Waterhouse
EntityIndividual
Role
Member of the Board of Directors
Shares500
Max PriceUS$24.35
BuyUS$24,92809 May 19
Michael Lacapria
EntityIndividual
Role
Senior VP & CFO
Shares1,000
Max PriceUS$25.96
BuyUS$11,20018 Dec 18
Parag Tandon
EntityIndividual
Shares500
Max PriceUS$22.40
SellUS$73,54709 Nov 18
Richard Powers
EntityIndividual
Role
Member of the Board of Directors
Shares3,000
Max PriceUS$25.14
SellUS$38,17520 Sep 18
Richard Powers
EntityIndividual
Role
Member of the Board of Directors
Shares1,499
Max PriceUS$25.50
SellUS$2620 Sep 18
Richard Powers
EntityIndividual
Role
Member of the Board of Directors
Shares1
Max PriceUS$25.60

Ownership Breakdown


Management Team

  • Andrew Sagliocca (51yo)

    CEO, President & Director

    • Tenure: 10.6yrs
    • Compensation: $1.71m
  • Eric Bader (42yo)

    Executive VP

    • Tenure: 0.7yrs
    • Compensation: $1.03m
  • Ari Kornhaber (47yo)

    Executive VP & Director of Sales

    • Tenure: 6.6yrs
    • Compensation: $1.03m
  • Fred Horn

    Senior VP & Director of Merchant Services

  • Michael Lacapria (41yo)

    Senior VP & CFO

    • Tenure: 0.7yrs

Board Members

  • Robert Mitzman (64yo)

    Director

    • Tenure: 12.6yrs
    • Compensation: $78.30k
  • Kevin Waterhouse (51yo)

    Director

    • Tenure: 13.6yrs
    • Compensation: $59.33k
  • Andrew Sagliocca (51yo)

    CEO, President & Director

    • Tenure: 11.6yrs
    • Compensation: $1.71m
  • Selig Zises (77yo)

    Director

    • Tenure: 10.6yrs
    • Compensation: $32.69k
  • Todd Deutsch (46yo)

    Director

    • Tenure: 4.6yrs
    • Compensation: $87.55k
  • V. Hill (71yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: $26.19k
  • Marc Grossman (51yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: $22.19k
  • Russ Herman (76yo)

    Director

    • Tenure: 12.6yrs
    • Compensation: $19.19k
  • Rich Powers (71yo)

    Director

    • Tenure: 13.6yrs
    • Compensation: $45.94k
  • Tony Coelho (76yo)

    Chairman of the Board

    • Tenure: 1.0yrs
    • Compensation: $179.77k

Company Information

Esquire Financial Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Esquire Financial Holdings, Inc.
  • Ticker: ESQ
  • Exchange: NasdaqCM
  • Founded: 2006
  • Industry: regional banks
  • Sector: banks
  • Market Cap: US$184.318m
  • Shares outstanding: 7.54m
  • Website: Click here

Number of Employees


Location

  • Esquire Financial Holdings, Inc.
  • 100 Jericho Quadrangle
  • Suite 100
  • Jericho
  • New York
  • 11753
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ESQNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJun 2017

Biography

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,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company AnalysisN/A
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.