Esquire Financial posts record Q4 net income $9.1M ($1.10 EPS); loans up 33% annualized

Esquire Financial Holdings, Inc.

2022-FY EPS reported $3.47

Q4 net income $9.1M ($1.10 diluted EPS), up 18% linked quarter; full year $28.5M ($3.47), up 59% YoY.
Net interest margin expanded to 5.81% from 5.18% linked quarter on variable-rate commercial loan growth and rate hikes.
Loan portfolio grew $72.2M linked quarter (33% annualized) to $947.3M; nonperforming loans at 0.00%.
Deposits increased $40.8M linked quarter to $1.2B; cost of funds 0.25% including demand deposits.
Payment processing fee income $5.7M, processing $7.3B in volume across 140M transactions.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Esquire Financial Holdings, Inc. reported financial results for quarter and year ended December 31, 2022.

Period: quarter and year ended December 31, 2022
Result: reported results

Exact text from the filing

On January 25, 2023, Esquire Financial Holdings, Inc. (the “Company”), the holding company for Esquire Bank, National Association (“Esquire Bank”), issued a press release announcing its earnings for the quarter and year ended December 31, 2022.

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Esquire Financial Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-23-000506

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.