Esquire Financial (NASDAQ:ESQ) Posts Earnings Results, Meets Expectations

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

Shares of ESQ stock traded up $0.69 during mid-day trading on Tuesday, reaching $25.23. The stock had a trading volume of 676 shares, compared to its average volume of 31,131. The business’s fifty day moving average is $20.80 and its 200-day moving average is $17.58. The firm has a market cap of $193.34 million, a price-to-earnings ratio of 14.96 and a beta of 1.24. Esquire Financial has a 1-year low of $10.83 and a 1-year high of $26.79.

ESQ has been the subject of a number of research analyst reports. Piper Sandler increased their price target on Esquire Financial from $17.00 to $20.00 and gave the company an “overweight” rating in a research note on Monday, October 26th. TheStreet upgraded Esquire Financial from a “c+” rating to a “b-” rating in a research note on Monday, November 9th. Finally, Zacks Investment Research cut Esquire Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, September 29th.

About Esquire Financial

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.

See Also: Market Timing

Earnings History for Esquire Financial (NASDAQ:ESQ)

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