NasdaqCM:ESQ

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Esquire Financial Holdings

Market Cap

US$179.8m

Last Updated

2021/07/31 23:16 UTC

Data Sources

Company Financials +

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 industry and small businesses, and commercial and retail customers in the United States. More Details


Snowflake Analysis

Flawless balance sheet and good value.


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

Stable Share Price: ESQ is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ESQ's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

1.6%

ESQ

0.9%

US Banks

-0.5%

US Market


1 Year Return

55.2%

ESQ

59.1%

US Banks

35.9%

US Market

Return vs Industry: ESQ underperformed the US Banks industry which returned 59.1% over the past year.

Return vs Market: ESQ exceeded the US Market which returned 35.9% over the past year.


Shareholder returns

ESQIndustryMarket
7 Day1.6%0.9%-0.5%
30 Day1.3%-4.3%0.09%
90 Day5.1%-4.4%3.2%
1 Year55.2%55.2%63.5%59.1%38.0%35.9%
3 Year-4.4%-4.4%17.3%7.2%62.8%52.6%
5 Yearn/a89.6%65.9%121.2%96.9%

Long-Term 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 compared to its fair value and its price relative to the market?

35.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ESQ ($24.13) is trading below our estimate of fair value ($37.28)

Significantly Below Fair Value: ESQ is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ESQ is poor value based on its PE Ratio (11.1x) compared to the US Banks industry average (10.8x).

PE vs Market: ESQ is good value based on its PE Ratio (11.1x) compared to the US market (18x).


Price to Earnings Growth Ratio

PEG Ratio: ESQ is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: ESQ is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).


Future Growth

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

21.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ESQ's forecast earnings growth (21.4% per year) is above the savings rate (2%).

Earnings vs Market: ESQ's earnings (21.4% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ESQ's revenue is expected to decline over the next 3 years (-2.7% per year).

High Growth Revenue: ESQ's revenue is forecast to decline over the next 3 years (-2.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ESQ's Return on Equity is forecast to be high in 3 years time


Past Performance

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

35.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ESQ has high quality earnings.

Growing Profit Margin: ESQ's current net profit margins (29.8%) are higher than last year (29.2%).


Past Earnings Growth Analysis

Earnings Trend: ESQ's earnings have grown significantly by 35.9% per year over the past 5 years.

Accelerating Growth: ESQ's earnings growth over the past year (26.1%) is below its 5-year average (35.9% per year).

Earnings vs Industry: ESQ earnings growth over the past year (26.1%) underperformed the Banks industry 34.3%.


Return on Equity

High ROE: ESQ's Return on Equity (12%) is considered low.


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

Asset Level: ESQ's Assets to Equity ratio (7.9x) is low.

Allowance for Bad Loans: ESQ has a sufficient allowance for bad loans (617%).

Low Risk Liabilities: 99% of ESQ's liabilities are made up of primarily low risk sources of funding.

Loan Level: ESQ has an appropriate level of Loans to Assets ratio (66%).

Low Risk Deposits: ESQ's Loans to Deposits ratio (76%) is appropriate.

Level of Bad Loans: ESQ has an appropriate level of bad loans (0.3%).


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ESQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ESQ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Andrew Sagliocca (53 yo)

12.5yrs

Tenure

US$1,756,657

Compensation

Mr. Andrew C. Sagliocca has served as President and Chief Executive Officer of Esquire Bank, National Association since January 2009 and Esquire Financial Holdings, Inc. since inception. He has led numerou...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD1.76M) is above average for companies of similar size in the US market ($USD1.09M).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ESQ's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: ESQ's board of directors are seasoned and experienced ( 13 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$179.767m
  • Shares outstanding: 7.45m
  • Website: https://www.esquirebank.com

Number of Employees


Location

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

Listings


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 industry and small businesses, a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 23:16
End of Day Share Price2021/07/30 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.