Esquire Bank Awarded Raymond James Community Bankers Cup for Seventh Consecutive Year
JERICHO, N.Y., June 10, 2025 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ:ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association ("Esquire Bank" or the "Bank") (collectively "Esquire"), today announced that it has been awarded the 2024 Raymond James Community Bankers Cup as one of the best performing community banks (or top 10%) in the United States. Esquire ranked third overall out of 202 banks with assets between $500 million and $10 billion as of December 31, 2024, based on key performance metrics including profitability, operational efficiency, and balance sheet strength while also being recognized by Raymond James for building long-term shareholder value.
"We are proud and humbled that our consistent performance has been recognized by Raymond James for the seventh consecutive year," stated Tony Coelho, Chairman of the Board. "We remain focused on serving two vast, disruption-ready national markets with tailored tech-enabled financial solutions and data that support our clients' unique business and growth objectives."
"With industry-leading performance as well as a fortified balance sheet and strong risk management as a foundation, we believe Esquire is well-positioned for sustained growth in these fragmented, complex and underserved national markets for the foreseeable future," said Andrew C. Sagliocca, Vice Chairman, Chief Executive Officer, and President. "While short-term growth and performance metrics are valuable, it is our long-term view that has positioned Esquire for our current and continued success in the future."
This report also highlights Esquire's stock market returns of 59%, 152%, and 205% over the past year, three years, and five years, respectively, while the NASDAQ BANK index has underperformed the broader market with returns of 17%, -11%, and 11%, respectively.
The full list of rankings can be accessed here.
About Esquire Financial Holdings, Inc.:
Esquire Financial Holdings, Inc. is a financial holding company headquartered in Jericho, New York, with one branch office in Jericho, New York and an administrative office in Boca Raton, Florida. Its wholly-owned subsidiary, Esquire Bank, is a full-service commercial bank dedicated to serving the financial needs of the litigation industry and small businesses nationally, as well as commercial and retail customers in the New York metropolitan area. The Bank offers tailored financial and payment processing solutions to the litigation community and their clients as well as dynamic and flexible payment processing solutions to small business owners. The Company was named to Fortune's 2024 Fastest-Growing Companies list. For more information, visit www.esquirebank.com.
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SOURCE Esquire Financial Holdings, Inc.