Esquire Financial Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 25, 2019 at 01:30 pm
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Esquire Financial Holdings, Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced net interest income was USD 7.727 million compared to USD 5.715 million a year ago. Net income was USD 2.873 million compared to USD 661,000 a year ago. Basic earnings per share was USD 0.39 compared to USD 0.09 a year ago. Diluted earnings per share was USD 0.37 compared to USD 0.09 a year ago. For the full year, net interest income was USD 27.739 million compared to USD 19.856 million a year ago. Net income was USD 8.734 million compared to USD 3.644 million a year ago. Basic earnings per share was USD 1.18 compared to USD 0.59 a year ago. Diluted earnings per share was USD 1.13 compared to USD 0.58 a year ago.
Esquire Financial Holdings, Inc. is a financial holding company, which operates through its subsidiary, Esquire Bank, National Association (the Bank). The Bank is a full-service commercial bank dedicated to serving the financial needs of the legal and small business communities on a national basis, as well as commercial and retail customers in the New York metropolitan market. It offers tailored products and solutions to the legal community and their clients as well as dynamic and flexible payment processing solutions to small business owners, both on a national basis. The Bank also offers traditional banking products for businesses and consumers in its local market area. Its products offered to businesses and consumers include checking, savings, money market, and time deposits, a wide range of commercial and consumer loans, as well as customary banking services. The Bank operates a payment processing platform through third-party Independent Sales Organizations (ISOs).
ESQUIRE FINANCIAL HOLDINGS, INC. 
