Esquire Financial Q3 profit up, core deposits grow

Esquire Financial Holdings

23/10/2025 13:39

Overview

Esquire Financial Q3 net income rises 23.7% yr/yr to $14.1 mln

Company reports resilient net interest margin of 6.04% for Q3

Strong core deposit growth of 22% annualized on linked quarter basis

Outlook

Esquire Financial did not provide specific future guidance

Result Drivers

COMMERCIAL LOAN GROWTH - Loan growth was driven by increases in higher yielding variable rate commercial loans, particularly from the national litigation platform, which grew $74.6 mln, or 33% annualized, on a linked qtr basis

DEPOSIT GROWTH - Core deposits grew $97.1 mln, or 22% annualized, on a linked qtr basis, driven by low-cost commercial relationship deposits

NET INTEREST MARGIN - Resilient net interest margin of 6.04% supported by national litigation platform growth despite declines in short-term market interest rates

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$1.62
Q3 Net Income
$14.05 mln
Q3 Net Interest Income
$31.33 mln
Q3 Loan Loss Allowance
$1.75 mln
Q3 Pretax Profit
$17.46 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for Esquire Financial Holdings Inc is $114.00, about 11.5% above its October 21 closing price of $100.86

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nPn8bV1MXa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)