Esquire Financial Holdings, Inc.
Esquire Financial Holdings, Inc. operates as a commercial bank specializing in litigation finance and legal market lending, generating revenue primarily through net interest income on variable-rate loans secured by law firm contingent case inventories.
Business. Esquire Financial Holdings, Inc. (Nasdaq: ESQ) is a commercial bank operating within the Banking Services industry group. The company generates revenue primarily through interest income, consistent with standard banking operations. Specific details regarding operating segments and geographic mix are not provided. The firm is headquartered in the United States and trades on the Nasdaq stock exchange.
Analyst recommendations
3 analysts · consensus Buy- DividendDividend USD 0.2/sh2026-09-01
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- DividendDividend USD 0.2/sh2026-09-01
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Peers
- DividendDividend USD 1.75/sh2026-09-25 · Bank of America (BAC)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · JPMorgan Chase (JPM)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · Citigroup (C)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Esquire Financial Holdings, Inc. (Nasdaq: ESQ) is a commercial bank operating within the Banking Services industry group. The company generates revenue primarily through interest income, consistent with standard banking operations. Specific details regarding operating segments and geographic mix are not provided. The firm is headquartered in the United States and trades on the Nasdaq stock exchange.
Esquire Financial Holdings maintains a conservative capital structure with zero reported debt-to-equity ratio and total equity of $301.3 million against total assets of $2.42 billion. The balance sheet is heavily funded by deposits, which total $2.10 billion, representing approximately 87% of total liabilities. Liquidity is robust, with cash and equivalents of $222.2 million and an additional $1.12 billion in available liquidity through pledged securities at the Federal Home Loan Bank and Federal Reserve Bank. The company reports a current ratio implied by its high cash position relative to short-term liabilities, though specific current ratio metrics are not explicitly computed in the valuation snapshot. The absence of outstanding borrowings and the low liquidity risk assessment underscore a stable funding profile.
Profitability metrics indicate a return on equity of 4.05% and a return on assets of 0.50% for the latest period. The net interest margin stands at 6.02%, driven by higher-yielding litigation-related commercial loans and a low cost of funds of 0.99% on deposits. While the P/E ratio of 85.57 and P/B of 3.47 suggest a premium valuation relative to traditional banking peers, the specialized nature of the litigation finance niche supports these multiples. The company’s ability to maintain a low cost of funds is critical to sustaining this margin, particularly given the asset-sensitive nature of its balance sheet.
- Net interest margin of 6.02% is supported by a low cost of funds of 0.99% and high-yielding litigation loans.
- Zero debt-to-equity ratio and $1.12 billion in available liquidity indicate a strong, conservative balance sheet.
- 71% of the loan portfolio is variable-rate with prime ties and 90% have interest rate floors, providing rate sensitivity and protection.
- High concentration risk in the legal/litigation market and local real estate values poses specific credit risks.
- Premium valuation (P/E 85.57) reflects niche market positioning and specialized lending expertise.
- Potential merger with Signature Bancorporation, Inc. introduces strategic execution risk.
Bull / Bear case
Generated · model-assistedNet income grew at a 3.2% CAGR from FY2023 to FY2025, demonstrating consistent profitability trends over the period.
The company maintains a zero debt-to-equity ratio, indicating a conservative capital structure with no long-term debt leverage.
Cash conversion of 1.6 exceeds the bank cohort median of 1.14, highlighting superior cash generation relative to peers.
Liquidity and dilution risks are assessed as low, suggesting stable operational footing and minimal shareholder value erosion.
Total assets grew at an 8.2% CAGR over five years, reflecting historical balance sheet expansion capabilities.
Net income declined 14.1% year-over-year in FY2025, signaling a recent deterioration in profitability performance.
In focus — financials by report
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 6,72 |
| Revenue | —no estimate | —no estimate | 195,8M USD |
| Operating income | —no estimate | —no estimate | 87,8M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director, President of Chicago Bank Div · Stock Options → Common StockAcquired 4 137 @ $29,66grant · 2026-08-01
- Director, President of Chicago Bank Div · Stock Options → Common StockAcquired 4 807 @ $22,41grant · 2026-08-01
- Director, President of Chicago Bank Div · Stock Options → Common StockAcquired 5 953 @ $19,57grant · 2026-08-01
- Director · Stock Options → Common StockAcquired 950 @ $70,77grant · 2026-08-01
- Director · Stock Options → Common StockAcquired 942 @ $62,34grant · 2026-08-01
- Director · Stock Options → Common StockAcquired 934 @ $52,23grant · 2026-08-01
- Director · Stock Options → Common StockAcquired 801 @ $35,39grant · 2026-08-01
- Director · Stock Options → Common StockAcquired 1 001 @ $36,73grant · 2026-08-01
- Director · Stock Options → Common StockAcquired 1 535 @ $29,66grant · 2026-08-01
- Director · Stock Options → Common StockAcquired 1 736 @ $22,41grant · 2026-08-01
- Director · Stock Options → Common StockAcquired 2 232 @ $19,57grant · 2026-08-01
- Director, President of Chicago Bank Div · Stock Options → Common StockAcquired 1 976 @ $35,39grant · 2026-08-01
- Director, President of Chicago Bank Div · Stock Options → Common StockAcquired 2 003 @ $42,97grant · 2026-08-01
- Director, President of Chicago Bank Div · Stock Options → Common StockAcquired 1 816 @ $52,23grant · 2026-08-01
- Director, President of Chicago Bank Div · Stock Options → Common StockAcquired 1 861 @ $80,87grant · 2026-08-01
- Director, President of Chicago Bank Div · Stock Options → Common StockAcquired 1 856 @ $70,77grant · 2026-08-01
- Director, President of Chicago Bank Div · Stock Options → Common StockAcquired 1 842 @ $62,34grant · 2026-08-01
- Director, President of Chicago Bank Div · Stock Options → Common StockAcquired 2 671 @ $36,73grant · 2026-08-01
- EVP and Head of Corp Dev · Stock Options → Common StockDisposed 11 125 @ $12,50exercise · 2026-01-05
- Director · Stock Options → Common StockDisposed 1 500 @ $24,90exercise · 2026-01-05
- Director, Vice Chairman, President & CEO · Stock Options → Common StockDisposed 29 250 @ $12,50exercise · 2026-01-05
- EVP and COO · Stock Options → Common StockDisposed 14 125 @ $12,50exercise · 2026-01-05
- EVP and Head of Corp Dev · Stock Options → Common StockDisposed 7 500 @ $12,50exercise · 2026-01-05
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Price To Tangible Bookmarket_price / (tangible_book_value / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Return On Equitynet_income / total_equity
- Enterprise Valuemarket_cap - net_cash
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Esquire Financial Holdings, Inc. company facts · 2026-07-26
- Esquire Financial Holdings, Inc. 10-Q 2026-05-11 · 2026-07-26
- Esquire Financial Holdings, Inc. 10-K 2026-03-13 · 2026-07-26
- Esquire Financial Holdings, Inc. 10-Q 2025-11-07 · 2026-07-26
- Esquire Financial Holdings, Inc. 10-Q 2025-08-08 · 2026-07-26
- 8-K (sec_8k_material) on ESQ · 2026-07-26
- Esquire Financial Holdings Inc Market data — analyst estimates · 2026-07-26
- Esquire Financial Holdings Inc Market data — ESG · 2026-07-26
- Esquire Financial Holdings, Inc. HA canonical relationships · 2026-07-26
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,01 %$25M
- Investment Managers · as of 2026-03-310,00 %$22M
- Investment Managers · as of 2026-03-310,00 %$8M
- Investment Managers · as of 2026-03-310,00 %$13M
- Investment Managers · as of 2026-03-310,00 %$24M
- Investment Managers · as of 2026-03-310,00 %$8M
- Investment Managers · as of 2026-03-310,00 %$29M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$14M
- Institutional Investor · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2025-12-310,00 %$46M
- Investment Managers · as of 2024-12-310,00 %$2M
- Investment Managers · as of 2024-06-300,00 %$26M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Funds · as of 2026-03-310,00 %$2M
- Brokerage Firms · as of 2026-03-310,00 %$2M
- Brokerage Firms · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Leadership
- Andrew C. SaglioccaPresident, Chief Executive Officer, Director
Insider activity
- Director · Common StockOther 98 864 · 2026-08-01
- Director, President of Chicago Bank Div · Common StockOther 66 726 · 2026-08-01
- Director, President of Chicago Bank Div · Common StockOther 18 630 · 2026-08-01
- Director · Common StockSold 3 000 @ $129,60$389K · 2026-07-30
- Director · Common StockSold 2 000 @ $105,25$210K · 2026-03-19
- Director · Common StockSold 3 000 @ $105,00$315K · 2026-03-19
- Director · Common StockSold 2 308 @ $104,83$242K · 2026-03-19
- Director · Common StockSold 1 000 @ $107,26$107K · 2026-03-18
- Director · Common StockSold 3 000 @ $107,25$322K · 2026-03-18
- Director · Common StockSold 8 500 @ $107,00$910K · 2026-03-18
- Director · Common StockSold 2 000 @ $105,53$211K · 2026-03-18
- Director · Common StockSold 2 000 @ $106,04$212K · 2026-03-18
- Director · Common StockSold 1 500 @ $105,11$158K · 2026-03-18
- Director · Common StockSold 2 000 @ $105,16$210K · 2026-03-18
- Director · Common StockSold 1 500 @ $106,08$159K · 2026-03-18
- Director · Common StockSold 1 500 @ $107,01$161K · 2026-03-18
- Director · Common StockSold 2 000 @ $107,13$214K · 2026-03-18
- SVP & Chief Financial Officer · Common StockOther 1 164 · 2026-01-29
- EVP and COO · Common StockOther 3 492 · 2026-01-29
- EVP and Head of Corp Dev · Common StockOther 5 122 · 2026-01-29
- Director, Vice Chairman, President & CEO · Common StockOther 8 148 · 2026-01-29
- Director, Vice Chairman, President & CEO · Common StockOther 29 250 @ $12,50$366K · 2026-01-05
- Director, Vice Chairman, President & CEO · Common StockOther 3 522 @ $103,79$366K · 2026-01-05
- Director · Common StockOther 1 500 @ $24,90$37K · 2026-01-05
- Director · Common StockOther 359 @ $103,79$37K · 2026-01-05
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Capex (annual): USD 3.16MUnknown
- EPS (basic) (annual): USD-PER-SHARES 6Unknown
- Total liabilities (annual): USD 2.08BUnknown
- Cash & equivalents (annual): USD 235.89MUnknown
- Operating cash flow (annual): USD 59.84MUnknown
- Shares outstanding (annual): 8.55MUnknown
- Shareholders' equity (annual): USD 289.6MUnknown
- EPS (diluted) (annual): USD-PER-SHARES 6Unknown
- Pre-tax income (annual): USD 65.65MUnknown
- Total assets (annual): USD 2.37BUnknown
- Total assets (annual): USD 1.89BUnknown
- EPS (diluted) (annual): USD-PER-SHARES 5Unknown
- Shareholders' equity (annual): USD 237.09MUnknown
- Total liabilities (annual): USD 1.66BUnknown
- Cash & equivalents (annual): USD 126.33MUnknown
- Capex (annual): USD 714KUnknown
- Operating cash flow (annual): USD 42.21MUnknown
- Pre-tax income (annual): USD 59.28MUnknown
- Shares outstanding (annual): 8.35MUnknown