earnings
confidence high
sentiment positive
materiality 0.75
Esquire Financial Q1 net income $12.2M ($1.47 EPS); adjusted EPS $1.11; NIM 6.03%
Esquire Financial Holdings, Inc.
2023-Q1 EPS reported
$1.47
- Net income of $12.2M, up 34% linked quarter; diluted EPS $1.47 (incl. $0.36 Litify gain).
- Adjusted net income $9.2M, adjusted EPS $1.11; ROAA 3.68%, ROAE 30.45%.
- Net interest margin expanded to 6.03%; loans grew 8% annualized to $965.6M.
- Deposits $1.3B, up 12% annualized; no nonperforming loans; CET1 ratio 14.89%.
- Litify partial sale generated $4.0M pretax gain; payment processing volume $7.7B.