ESQUIRE FINANCIAL HOLDINGS, INC. REPORTS FIRST QUARTER 2025 RESULTS Exhibit 99.1 Net Interest Margin Expansion Fueled by Commercial Growth Drives Industry Leading Earnings and Performance Jericho, NY – April 24, 2025 – Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association ("Esquire Bank" or the "Bank"), (collectively "Esquire") today announced its operating results for the first quarter of 2025. Significant achievements and key p ...

Net Interest Margin Expansion Fueled by Commercial Growth Drives Industry Leading Earnings and Performance JERICHO, N.Y., April 24, 2025 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association ("Esquire Bank" or the "Bank"), (collectively "Esquire") today announced its operating results for the first quarter of 2025. Significant achievements and key performance metrics during the current quarter include: Net income ...

JERICHO, N.Y., April 17, 2025 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association ("Esquire Bank" or the "Bank") (collectively "Esquire"), today announced the Bank's inclusion on S&P Global Market Intelligence's annual rankings of best-performing community banks in the United States for 2024 with assets less than $3 billion. Esquire ranked among the top quartile of community banks based on its financial performa ...

Agreement broadens access to banking and lending services for US contingency fee law firms JERICHO, N.Y., April 7, 2025 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association ("Esquire Bank" or the "Bank"), (collectively "Esquire") today announced that the Bank has entered into a sourcing joint venture agreement ("Agreement") through which funds managed by affiliates of Fortress Investment Group ("Fortress") will p ...

Back in early December of last year, one company that I came close to downgrading was Esquire Financial Holdings, Inc. (NASDAQ: ESQ ). For those not familiar with it, it is a rather small financial institution with aCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Table of Contents FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38131 Esquire Financial Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) Maryland 27-5107901 (State or o ...

JERICHO, N.Y., Jan. 30, 2025 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association ("Esquire Bank" or the "Bank"), today announced an increase to its regular quarterly dividend by 17% to $0.175 per share of common stock, payable on March 3, 2025, to each stockholder of record on February 14, 2025. "Our consistent industry leading performance and growth over the past several years has allowed the Company to increas ...

For the quarter ended December 2024, Esquire Financial Holdings, Inc. (ESQ) reported revenue of $33.06 million, up 14.2% over the same period last year. EPS came in at $1.37, compared to $1.18 in the year-ago quarter.The reported revenue represents a surprise of +0.52% over the Zacks Consensus Estimate of $32.89 million. With the consensus EPS estimate being $1.40, the EPS surprise was -2.14%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they com ...

Esquire Financial Holdings, Inc. (ESQ) came out with quarterly earnings of $1.37 per share, missing the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.14%. A quarter ago, it was expected that this company would post earnings of $1.32 per share when it actually produced earnings of $1.34, delivering a surprise of 1.52%.Over the last four quarter ...

Net Income and Profitability - Net income increased 19% to $11.8 million in Q4 2024, compared to $9.9 million in Q4 2023[1] - Full-year net income rose 7% to $43.7 million in 2024, up from $41.0 million in 2023[1] - Net income for the year ended December 31, 2024, was $43,658 thousand, up from $41,011 thousand in 2023[36] - Adjusted net income for 2024 was $43,658 thousand, compared to $38,081 thousand in 2023[42] - Return on average assets for the year ended December 31, 2024, was 2.57%, down from 2.89% in 2023[36] - Adjusted return on average equity for 2024 was 20.14%, down from 21.54% in 2023[42] Loan and Deposit Growth - Core deposit growth totaled $105.9 million, or 28% annualized, reaching $1.63 billion in Q4 2024[1] - Loan growth on a linked quarter basis was $99.6 million, or 31% annualized, to $1.40 billion in Q4 2024[1] - Average loans increased by $207.0 million (19.7%) to $1.26 billion, primarily due to growth in the national commercial lending platform and regional multifamily loan portfolio[13] - Average deposits increased by $230.0 million (31.6%) to $958 million, primarily due to growth in escrow or IOLTA deposits nationally[13] - Total deposits increased by $234.9 million (16.7%) to $1.64 billion, with IOLTA and escrow deposits representing 59.6% of total deposits[25] - Total deposits grew to $1,642,236 thousand as of December 31, 2024, from $1,407,299 thousand in the previous year[34] - Loans held for investment increased to $1,315,392 thousand in Q4 2024, with a yield of 7.78%, up from $1,169,411 thousand in Q4 2023[38] - For the full year 2024, loans held for investment averaged $1,258,914 thousand with a yield of 7.82%, up from $1,051,903 thousand in 2023[39] Net Interest Income and Margin - Net interest margin for the full year 2024 was 6.06%, with Q4 margin at 5.87%[1] - Net interest income increased by $16.2 million (19.3%) to $99.9 million, driven by a 19.9% growth in average interest-earning assets to $1.65 billion and a net interest margin of 6.06%[13] - Net interest income for the year ended December 31, 2024, was $99,929 thousand, compared to $83,773 thousand in 2023[36] - Net interest margin for the year ended December 31, 2024, was 6.06%, slightly down from 6.09% in 2023[36] - Net interest income for Q4 2024 was $26,886 thousand, up from $22,670 thousand in Q4 2023[38] - Net interest margin for Q4 2024 was 5.87%, down from 6.12% in Q4 2023[38] - Net interest income for 2024 was $99,929 thousand, up from $83,773 thousand in 2023[39] - GAAP net interest income for Q4 2024 was $26.886 billion, up from $25.858 billion in Q3 2024 and $22.670 billion in Q4 2023[43] Credit Losses and Allowance - Provision for credit losses increased by $200 thousand to $1.7 million in Q4 2024[7] - The provision for credit losses was $4.7 million, with the allowance to loans ratio increasing to 1.50% from 1.38% in 2023[14] - The allowance for credit losses was $21.0 million (1.50% of total loans), with nonperforming loans totaling $10.9 million (0.78% of total loans)[20] - Nonperforming loans remained steady at $10,940 thousand as of December 31, 2024, consistent with the previous year[34] Noninterest Income and Expense - Noninterest income totaled $24.9 million, with payment processing income decreasing by $1.4 million to $20.9 million due to ISO attrition and changes in merchant risk profile[15] - Noninterest expense increased by $7.7 million (14.5%) to $60.8 million, primarily due to increases in employee compensation and benefits, advertising, and data processing costs[17] - Total noninterest income for the year ended December 31, 2024, was $24,895 thousand, compared to $29,751 thousand in 2023[36] - Employee compensation and benefits expenses increased to $37,845 thousand for the year ended December 31, 2024, from $32,481 thousand in 2023[36] - Adjusted noninterest income for Q4 2024 was $6.169 billion, compared to $6.062 billion in Q3 2024 and $6.266 billion in Q4 2023[43] - GAAP noninterest expense for Q4 2024 was $15.685 billion, compared to $15.358 billion in Q3 2024 and $13.901 billion in Q4 2023[43] Efficiency Ratios - Efficiency ratio for Q4 2024 was 47.5%, compared to 48.0% in 2023[10] - Non-GAAP efficiency ratio for Q4 2024 was 48.1%, compared to 47.5% in Q3 2024 and 48.0% in Q4 2023[43] - Adjusted efficiency ratio (non-GAAP) for Q4 2024 was 47.5%, compared to 48.1% in Q3 2024 and 48.0% in Q4 2023[43] Capital and Equity Ratios - Common equity tier 1 (CET1) ratio stood at 14.67%, with tangible common equity to tangible assets (TCE/TA) ratio at 12.53%[4] - Stockholders' equity increased by $38.5 million to $237.1 million, driven by increases in retained earnings (net income)[28] - Common equity tier 1 capital ratio was 14.67% as of December 31, 2024, compared to 14.13% in the previous year[34] - Tangible common equity to tangible assets ratio (non-GAAP) was 12.53% as of December 31, 2024[45] - Adjusted common equity tier 1 capital ratio was 13.33% as of December 31, 2024[45] - Common equity tier 1 capital ratio was 14.67% as of December 31, 2024[45] Asset and Liability Growth - Total assets increased by $275.6 million (17.0%) to $1.89 billion, driven by a $189.6 million (15.7%) increase in loans, primarily higher-yielding variable rate commercial loans[23] - Total assets increased to $1,892,503 thousand as of December 31, 2024, compared to $1,616,876 thousand in the same period last year[34] - Total interest earning assets grew to $1,823,690 thousand in Q4 2024, with a yield of 6.72%, compared to $1,470,644 thousand in Q4 2023[38] - Total interest earning assets for 2024 averaged $1,648,433 thousand with a yield of 6.88%, compared to $1,375,275 thousand in 2023[39] - Total GAAP assets as of December 31, 2024 were $1.892503 trillion[45] - Total risk-weighted assets for the bank were $1.488855 trillion as of December 31, 2024[45] Payment Processing and Off-Balance Sheet Items - Payment processing platform facilitated $9.2 billion in credit and debit card payment volume across 145.7 million transactions in Q4 2024[4] - Off-balance sheet sweep funds increased by $276.4 million, or 99%, to $554.4 million compared to year-end 2023[1]