ESQ
Esquire Financial Holdings, Inc.Financial Services·Banks - Regional
$109.89
$949M market cap
Revenue
$89.8M
Free Cash Flow
$30.9M
Rev Growth
+0.0%
FCF Margin
34.4%
P/FCF
30.8x
EV/FCF
15.2x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Esquire Financial Holdings, Inc. operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal industry and small businesses, and commercial and retail customers in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit. It also provides commercial loans, including short-term financing for inventory, receivables, the purchase of supplies, or other op
2-Year Price History
$110.80+140.7%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 45.5 | 17.1 | 17.1 | 12.2 | 19.5 | 19.3 | -0.2 | 480.2 | 0.0 | 8.7 | 46.8% | 3.4x | -- |
| Act | 2025-Q4 | 44.4 | 20.3 | 20.3 | 13.5 | 16.8 | 11.5 | -5.3 | 482.4 | 2.6 | 8.7 | 67.8% | 4.1x | -- |
Valuation & Metrics
Market Stats
Price$109.89
Market Cap$949M
Enterprise Value$469M
P/S Ratio10.6x
P/FCF30.8x
EV/FCF15.2x
FCF Margin (TTM)34.4%
FCF Yield3.3%
Dividend Yield (TTM)0.7%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$89.8M
Net Income$25.7M
Free Cash Flow$30.9M
Revenue Growth (YoY)+0.0%
EBITDA Margin41.6%
Net Margin28.6%
FCF Margin34.4%
CapEx % of Revenue6.1%
SBC % of Revenue1.5%
ROIC57.3%
WC Change % Rev-0.7%
Interest Coverage3.7x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.7M
Days to Cover5.0
Change (vs Prior)-0.3%
Need at least 2 settlement dates for chart
Employees
Headcount138
Revenue / Employee$651,043
Gross Profit / Employee$578,674
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
47.0%(+16.3% YoY)
148 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
20.2%(+7.7% YoY)
11 filers
Vanguard, iShares, SPDR
Market makers
0.4%(+0.3% YoY)
5 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Mawer Investment Management Ltd. | $78.0M | $77.56 | −$8.1M | −$5.9M | -0.8% | $15.38B |
| BlackRock, Inc.Passive | $59.2M | $65.94 | −$720K | +$1.4M | -0.2% | $5.69T |
| WASATCH ADVISORS INC | $37.0M | $37.98 | −$1.8M | −$8.0M | -2.9% | $14.87B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $33.5M | $107.30 | +$33.5M | +$33.5M | — | $4.04T |
| Copeland Capital Management, LLC | $32.7M | $96.19 | +$4.2M | +$32.7M | -1.3% | $4.50B |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | $28.9M | $32.07 | +$0 | +$0 | -0.2% | $1.96B |
| STATE STREET CORPPassive | $28.6M | $70.49 | +$2.7M | +$4.3M | -0.2% | $2.89T |
| Ampfield Management, L.P. | $25.1M | $72.14 | +$4.7M | −$5.2M | -1.2% | $80.8M |
| AMERICAN CENTURY COMPANIES INC | $24.7M | $60.96 | −$665K | +$2.1M | +0.7% | $193.48B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $24.2M | $53.80 | +$64K | +$3.5M | +2.3% | $1.61T |
| DIMENSIONAL FUND ADVISORS LPPassive | $21.6M | $48.81 | +$518K | +$1.3M | -0.4% | $480.92B |
| ROYCE & ASSOCIATES LP | $17.5M | $89.34 | +$3.1M | +$10.8M | -0.9% | $10.09B |
| GW&K Investment Management, LLC | $15.6M | $49.73 | −$5.8M | −$8.5M | +2.3% | $11.34B |
| Langdon Equity Partners | $15.1M | $102.07 | +$1.0M | +$15.1M | -20.8% | $134M |
| MORGAN STANLEY | $14.3M | $87.99 | +$7.2M | +$9.8M | -0.3% | $1.65T |
| NORTHERN TRUST CORPPassive | $12.8M | $68.41 | +$2.5M | +$5.9M | -0.2% | $755.34B |
| Gator Capital Management, LLC | $10.6M | $56.61 | +$447K | +$568K | +2.1% | $469M |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $9.9M | $107.30 | +$9.9M | +$9.9M | — | $1.91T |
| BANK OF AMERICA CORP /DE/ | $9.4M | $71.66 | +$7.6M | −$8.6M | -0.1% | $1.36T |
| ALLIANCEBERNSTEIN L.P. | $7.8M | $41.28 | −$188K | −$3.4M | -0.3% | $307.70B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
-1.04%
avg per quarter
Holders (ex-self)
-1.17%
excl. this stock
Buyers (this Q)
-0.43%
76 buyers · $0.12B in
Sellers (this Q)
+0.26%
57 sellers · $0.02B out
alpha coverage: 92% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-3.2%
how holders react when this stock falls
On quiet Qs
-1.8%
−10% to +10% baseline
On rallies (+10%+)
-23.6%
how they react when this stock rises
Holders' portfolio flow this Q
+0.5%
inflows — adds are organic
Sellers' portfolio flow this Q
-3.8%
Sellers shed AUM broadly — partly forced.
Biggest decreases this quarter
Mawer Investment Management Ltd.−$8.1Mα-0.8GW&K Investment Management, LLC−$5.8Mα+2.3Point72 Asset Management, L.P.exited−$1.8MWASATCH ADVISORS INC−$1.8Mα-2.9Elizabeth Park Capital Advisors, Ltd.exited−$1.7MSIERRA SUMMIT ADVISORS LLCexited−$877KBlackRock, Inc.−$720Kα-0.2AMERICAN CENTURY COMPANIES INC−$665Kα+0.7HRT FINANCIAL LPexited−$659KBALYASNY ASSET MANAGEMENT LLCexited−$504K
New buyers this quarter
Top-5 holders · 36.6%
Mawer Investment Management Ltd.--
BlackRock, Inc.--
WASATCH ADVISORS INC--
VANGUARD CAPITAL MANAGEMENT LLC--
Copeland Capital Management, LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Mawer Investment Management Ltd.725KWASATCH ADVISORS INC344KBASSWOOD CAPITAL MANAGEMENT, L.L.C.269KCopeland Capital Management, LLC305KAmpfield Management, L.P.233KAMERICAN CENTURY COMPANIES INC230KGW&K Investment Management, LLC145KROYCE & ASSOCIATES LP162KLangdon Equity Partners140KMORGAN STANLEY133K
Analyst Coverage
Analyst Coverage
Price Targets
Last Quarter (1 analysts)$125.001380.0%
Last Year (2 analysts)$120.50970.0%
Current Price$109.89
Analyst Ratings
1
2
1
Strong Buy: 1Buy: 2Hold: 1Consensus: Buy
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Sells ($, 12mo)
$7.73M
8 txns · 3 insiders · 75,634 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-03-19 | SELL | Powers Richard T | director | 2,308 | $104.83 | $242K | $6.10M |
| 2026-03-19 | SELL | ZISES SELIG | director | 5,000 | $105.10 | $526K | $683K |
| 2026-03-18 | SELL | ZISES SELIG | director | 25,000 | $106.54 | $2.66M | $906K |
| 2025-08-26 | SELL | Melohn Joseph | director | 9,000 | $100.05 | $900K | $12.76M |
| 2025-08-25 | SELL | Melohn Joseph | director | 1,326 | $100.00 | $133K | $13.65M |
| 2025-08-22 | SELL | Melohn Joseph | director | 11,000 | $99.90 | $1.10M | $13.77M |
| 2025-08-22 | SELL | ZISES SELIG | director | 17,000 | $99.71 | $1.70M | $2.09M |
| 2025-07-31 | SELL | ZISES SELIG | director | 5,000 | $95.38 | $477K | $2.81M |
Order Flow (FINRA, ~3w lag)
11.4%retail-2.9pp
37.4%dark+6.5pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
Esquire Financial Holdings: Administrative Metadata Analysis and Structural Integrity Assessment
Overall Risk
3/10
Fraud
1/10
Dilution
1/10
Insolvency
1/10
Earnings Overstated
1/10
Hidden Liabilities
1/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
1/10
Contextually Acceptable
10/10