Esquire Financial Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 25, 2021 at 08:30 am
Share
Esquire Financial Holdings, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 9.881 million compared to USD 8.852 million a year ago. Net income was USD 3.882 million compared to USD 3.873 million a year ago. Basic earnings per share from continuing operations was USD 0.52 compared to USD 0.52 a year ago. Diluted earnings per share from continuing operations was USD 0.51 compared to USD 0.5 a year ago. For the full year, net interest income was USD 37.440 million compared to USD 34.111 million a year ago. Net income was USD 12.618 million compared to USD 14.143 million a year ago. Basic earnings per share from continuing operations was USD 1.7 compared to USD 1.91 a year ago. Diluted earnings per share from continuing operations was USD 1.65 compared to USD 1.82 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. 
