Core Viewpoint - Esquire Financial Holdings, Inc. announced a 14% increase in its regular quarterly dividend to $0.20 per share, reflecting the strength of its balance sheet and long-term outlook [1][2]. Group 1: Dividend Announcement - The quarterly dividend will be payable on March 2, 2026, to stockholders of record on February 13, 2026 [1]. - This marks the fifth consecutive dividend increase since the company initiated dividends in 2022 [2]. Group 2: Company Overview - Esquire Financial Holdings, Inc. is headquartered in Jericho, New York, and operates through its wholly owned subsidiary, Esquire Bank [2]. - Esquire Bank is a full-service commercial bank with branches in Jericho, New York, and Los Angeles, California, and an administrative office in Boca Raton, Florida [2]. - The Bank focuses on serving the financial needs of the litigation industry, small businesses, and commercial and retail customers in the New York metropolitan area [2].

Core Insights - Esquire Financial Holdings, Inc. reported strong financial performance in Q3 2025, with net income increasing to $14.1 million, or $1.62 per diluted share, compared to $11.4 million, or $1.34 per diluted share in Q3 2024, reflecting a 23.7% year-over-year growth [4][8] - The company achieved a net interest income of $31.3 million, a 21.2% increase from the previous year, driven by a 23.3% growth in average interest-earning assets [5][16] - The net interest margin was reported at 6.04%, slightly down from 6.16% in the previous year, impacted by elevated cash balances [5][8] Financial Performance - For the nine months ended September 30, 2025, net income was $37.4 million, or $4.32 per diluted share, compared to $31.9 million, or $3.78 per diluted share for the same period in 2024 [15] - Year-to-date revenue increased by $15.4 million, or 16.8%, to $107.2 million compared to the previous year [8] - The provision for credit losses was $1.8 million for Q3 2025, an increase from the previous year, with an allowance to loans ratio of 1.37% [6][17] Loan and Deposit Growth - Average loans increased by $262.0 million, or 20.6%, to $1.53 billion, primarily due to a 29.9% growth in commercial loans [5][25] - Average deposits rose by $364.2 million, or 24.5%, to $1.85 billion, with significant contributions from litigation-related escrow accounts and commercial money market deposits [5][25] - The loan-to-deposit ratio stood at 82% as of September 30, 2025 [5][25] Noninterest Income and Expenses - Noninterest income totaled $6.2 million for Q3 2025, slightly up from $6.1 million in the same period last year, with payment processing income remaining stable [7][18] - Noninterest expenses increased by $3.0 million, or 19.5%, to $18.4 million, primarily due to higher employee compensation and benefits [10][19] Asset Quality and Capital Position - The company maintained solid asset quality with nonperforming loans totaling $8.6 million, representing 0.40% of total assets [22][23] - Stockholders' equity increased to $279.2 million as of September 30, 2025, driven by retained earnings and additional paid-in capital [29] - The common equity tier 1 capital ratio was reported at 15.27%, well above regulatory standards [29]

Core Insights - Esquire Financial Holdings, Inc. has been recognized in S&P Global Market Intelligence's annual U.S. Community Bank Deposit Rankings for the second consecutive year, highlighting its strong deposit franchise among banks with less than $3 billion in assets [1][2]. Company Performance - The ranking is based on a weighted average of eight key metrics, emphasizing stable funding and efficient operations, which include noninterest-bearing deposit concentration, cost of interest-bearing deposits, deposit betas, deposit efficiency, and overall growth [2]. - The company has established a low-cost core deposit base and an industry-leading net interest margin, contributing to its sustainable growth and leadership in the industry [2]. Leadership and Strategy - Andrew C. Sagliocca, the Vice Chairman, CEO, and President, shared insights on the strategies driving Esquire Bank's success during a featured speaking engagement at the 2025 Deposit Conference [3]. - The company focuses on understanding and serving key national verticals and local markets, which has been pivotal in establishing a strong foundation for growth [2][3]. Company Overview - Esquire Financial Holdings, Inc. is headquartered in Jericho, New York, with additional locations in Los Angeles, California, and Boca Raton, Florida [4]. - The company operates Esquire Bank, which provides tailored financial solutions to the litigation industry and small businesses, as well as commercial and retail customers in the New York metropolitan area [4]. - Esquire Bank was named to Fortune's 2024 Fastest-Growing Companies list, indicating its rapid growth and market presence [4].

Core Viewpoint - Esquire Financial Holdings, Inc. has signed a new lease for a larger headquarters to support its growth and enhance employee experience [1][2][3] Group 1: New Headquarters Lease - The new headquarters lease is located at 300 Jericho Quadrangle, Jericho, New York, and covers 50,000 square feet across two floors [1] - The new space includes a private entrance, 16,000 square feet of outdoor space, and is designed to improve communication and collaboration among employees [2] Group 2: Growth and Employee Focus - The new lease nearly doubles the current office footprint, reflecting the company's commitment to employee investment and future growth [2] - The transition to the new location is expected to occur in late 2026, with a 12-year lease term [2] Group 3: Leadership Statements - The Chairman of the Board emphasized that the expansion supports the company's client-centric and tech-focused approach to growth [3] - The CEO highlighted that the new headquarters will help attract top talent and provide a state-of-the-art environment for exceptional client service [4] Group 4: Company Overview - Esquire Financial Holdings, Inc. is a financial holding company with a focus on serving the litigation industry and small businesses [5] - The company has been recognized on Fortune's 2024 Fastest-Growing Companies list, indicating strong performance and growth [5]

Group 1 - Esquire Financial Holdings, Inc. announced that Esquire Bank was included in S&P Global Market Intelligence's annual rankings of best-performing community banks in the U.S. for 2024, ranking in the top quartile among banks with assets less than $3 billion [1][2] - The recognition follows record operating results in 2024, highlighting the company's focus on long-term stakeholder value and consistent industry-leading performance and growth [2] - S&P Global Market Intelligence evaluates banks based on key financial metrics, emphasizing balance sheet strength and risk profile, which reflects the resilience and strong performance of the banks in a dynamic financial environment [2] Group 2 - Esquire Financial Holdings, Inc. is headquartered in Jericho, New York, with a branch office in Jericho and an administrative office in Boca Raton, Florida [4] - The company operates Esquire Bank, a full-service commercial bank that serves the financial needs of the litigation industry and small businesses nationally, as well as commercial and retail customers in the New York metropolitan area [4] - Esquire Bank offers tailored financial and payment processing solutions to the litigation community and flexible payment processing solutions to small business owners [4] - The company was also named to Fortune's 2024 Fastest-Growing Companies list [4]