Esquire Financial Holdings Inc (ESQ) Releases Earnings Results, Meets Estimates

Esquire Financial Holdings Inc (NYSE:ESQ) announced its quarterly earnings results on Wednesday. The company reported $0.16 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.16, Bloomberg Earnings reports. Esquire Financial Holdings had a return on equity of 6.25% and a net margin of 17.18%. The company had revenue of $6.57 million during the quarter.

Shares of Esquire Financial Holdings (ESQ) traded up 0.62% on Thursday, hitting $16.15. The stock had a trading volume of 11,872 shares. Esquire Financial Holdings has a 1-year low of $14.51 and a 1-year high of $16.52. The company’s market capitalization is $118.09 million. The firm has a 50-day moving average of $15.55 and a 200 day moving average of $15.27.

In other Esquire Financial Holdings news, Director Kevin C. Waterhouse purchased 2,000 shares of the business’s stock in a transaction on Thursday, August 10th. The stock was acquired at an average cost of $15.27 per share, for a total transaction of $30,540.00. Following the completion of the transaction, the director now directly owns 49,000 shares in the company, valued at approximately $748,230. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Selig Zises purchased 5,000 shares of the business’s stock in a transaction on Monday, July 31st. The shares were acquired at an average price of $14.75 per share, with a total value of $73,750.00. Following the completion of the transaction, the director now owns 177,880 shares of the company’s stock, valued at $2,623,730. The disclosure for this purchase can be found here. Insiders purchased 35,951 shares of company stock valued at $539,385 over the last quarter.

Separately, Sandler O’Neill began coverage on Esquire Financial Holdings in a research note on Thursday, August 3rd. They issued a “buy” rating and a $17.00 price target for the company.

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Esquire Financial Holdings Company Profile

Esquire Financial Holdings, Inc is a bank holding company. The Company operates through its wholly owned bank subsidiary, Esquire Bank, National Association (the Bank). The Bank is a full service commercial bank engaged in serving the financial needs of the legal and small business communities on a national basis, as well as commercial and retail customers in the New York metropolitan market.

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