Esquire Financial hits record high on Q1 profit beat

Esquire Financial Holdings

25/04/2022 15:53

** Financial holding company  ESQ.O  rises as much as 2.3%
to an all-time high of $38.3
    ** Posts profit of $5.3 million, or 66 cents a share, for
the first quarter, up from $4.2 million, or 53 cents a share, a
year ago  urn:newsml:reuters.com:*:nL5N2WN47I
    ** Analysts had estimated earnings of 65 cents a share,
according to data from Refinitiv IBES
    ** Q1 net interest income up 17.2% at $11.8 million
    ** Stock is trading over 70 on the relative strength index,
suggesting an overbought stock
    ** ESQ up nearly 21% YTD, including session gains
    
    

 (Reporting by Mehnaz Yasmin in Bengaluru)
 ((Mehnaz.Yasmin@thomsonreuters.com))