Esquire Financial (NASDAQ:ESQ) posted its earnings results on Thursday, October 25th. The company reported $0.33 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.33, MarketWatch Earnings reports. Esquire Financial had a return on equity of 9.40% and a net margin of 19.14%. The firm had revenue of $9.08 million for the quarter.
NASDAQ:ESQ opened at $24.89 on Friday. The company has a market cap of $185.32 million, a P/E ratio of 23.48 and a beta of 0.88. Esquire Financial has a 52-week low of $15.96 and a 52-week high of $29.45.
A number of research analysts have recently commented on the company. ValuEngine downgraded Esquire Financial from a “buy” rating to a “hold” rating in a report on Tuesday, August 7th. Sandler O’Neill upgraded Esquire Financial from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Monday, August 13th.
A hedge fund recently raised its stake in Esquire Financial stock. JPMorgan Chase & Co. boosted its position in Esquire Financial Holdings Inc (NASDAQ:ESQ) by 97.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,133 shares of the company’s stock after purchasing an additional 4,017 shares during the period. JPMorgan Chase & Co. owned about 0.11% of Esquire Financial worth $203,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 42.64% of the company’s stock.
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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 law professionals, professional service firms, small to mid-sized businesses, and individuals in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit.
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