Esquire Financial (NASDAQ:ESQ) Posts Quarterly Earnings Results, Hits Estimates

Esquire Financial (NASDAQ:ESQ) released its quarterly earnings data on Sunday. The company reported $0.51 earnings per share for the quarter, meeting the consensus estimate of $0.51, MarketWatch Earnings reports. Esquire Financial had a net margin of 24.72% and a return on equity of 10.82%.

Shares of NASDAQ:ESQ traded up $0.46 during midday trading on Tuesday, reaching $25.00. 41,158 shares of the company were exchanged, compared to its average volume of 31,754. The business’s fifty day moving average is $20.80 and its two-hundred day moving average is $17.58. Esquire Financial has a one year low of $10.83 and a one year high of $26.79. The stock has a market cap of $191.58 million, a PE ratio of 14.96 and a beta of 1.24.

Several brokerages recently issued reports on ESQ. TheStreet upgraded shares of Esquire Financial from a “c+” rating to a “b-” rating in a research report on Monday, November 9th. Zacks Investment Research lowered shares of Esquire Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, September 29th. Finally, Piper Sandler upped their price target on shares of Esquire Financial from $17.00 to $20.00 and gave the stock an “overweight” rating in a research report on Monday, October 26th.

Esquire Financial Company Profile

Esquire Financial Holdings, Inc operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal and small business communities, and commercial and retail customers in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit.

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Earnings History for Esquire Financial (NASDAQ:ESQ)

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