Revenue: As of FY2026 Q1, the actual value is USD 40.46 M.EPS: As of FY2026 Q1, the actual value is USD 1.4, missing the estimate of USD 1.5167.EBIT: As of FY2026 Q1, the actual value is USD -16.9 M.<h4>Overall Company Performance</h4><ul><li>Net Income: Esquire Financial Holdings, Inc.’s net income increased by $804 thousand, or 7.0%, to $12.2 million for the three months ended March 31, 2026, compared to $11.4 million for the same period in 2025.</li><li>Net Interest Income: Net interest income rose by $6.4 million, or 23.2%, to $34.0 million for the three months ended March 31, 2026, from $27.6 million in the prior year period.</li><li>Net Interest Margin: The net interest margin for the quarter ended March 31, 2026, was 6.04%, an increase of 8 basis points from the comparable period in 2025.</li><li>Provision for Credit Losses: The provision for credit losses was $2.7 million for the three months ended March 31, 2026, an increase of $1.2 million from $1.5 million for the three months ended March 31, 2025.</li><li>Noninterest Income: Total noninterest income increased by $304 thousand, or 4.9%, to $6.455 million for the three months ended March 31, 2026, from $6.151 million in the prior year.</li><li>Noninterest Expense: Total noninterest expense increased by $3.909 million, or 23.3%, to $20.657 million for the three months ended March 31, 2026, from $16.748 million for the three months ended March 31, 2025.</li><li>Efficiency Ratio: The Company reported an efficiency ratio of 51.1% for the quarter ended March 31, 2026.</li><li>Return on Assets (ROA): ROA was 2.10% for the quarter ended March 31, 2026.</li><li>Return on Equity (ROE): ROE was 16.82% for the quarter ended March 31, 2026.</li></ul><h4>Loan Portfolio Analysis</h4><ul><li>Total Loans Held for Investment: Loans, net of deferred fees and unearned premiums, increased by $56.7 million, or 3.2%, to $1.82 billion at March 31, 2026, from $1.76 billion at December 31, 2025.</li><li>Loan Portfolio Composition (March 31, 2026 vs. December 31, 2025):<ul><li>Multifamily: Increased by $16.2 million, or 4.3%, to $389.0 million (21.4% of total loans) from $372.8 million (21.2% of total loans).</li><li>Commercial Real Estate: Increased by $7.1 million, or 6.6%, to $114.4 million (6.3% of total loans) from $107.3 million (6.1% of total loans).</li><li>1-4 Family: Decreased to $9.034 million (0.5% of total loans) from $9.835 million (0.6% of total loans).</li><li>Commercial: Increased by $30.0 million, or 2.4%, to $1.28 billion (70.3% of total loans) from $1.25 billion (70.8% of total loans).</li><li>Consumer: Increased to $26.812 million (1.5% of total loans) from $22.762 million (1.3% of total loans).</li></ul></li><li>Litigation-Related Loans: Totaled $1.23 billion, or 67.5% of the total loan portfolio, at March 31, 2026, up from $1.18 billion, or 67.2%, at December 31, 2025.<ul><li>Commercial Litigation-Related: $1.222 billion at March 31, 2026, comprising working capital lines of credit ($804.789 million), case cost lines of credit ($220.418 million), and term loans ($197.130 million).</li><li>Consumer Litigation-Related: $3.053 million at March 31, 2026.</li><li>Committed and Uncommitted Undrawn Lines of Credit: Totaled $136.8 million and $812.9 million, respectively, at March 31, 2026.</li></ul></li><li>Allowance for Credit Losses: $23.5 million, or 1.30% of total loans, at March 31, 2026, compared to $24.0 million, or 1.37% of total loans, at December 31, 2025.</li><li>Nonperforming Assets: Totaled $736 thousand at March 31, 2026, down from $8.6 million at December 31, 2025.</li></ul><h4>Funding and Deposits</h4><ul><li>Total Deposits: Increased by $39.6 million, or 1.9%, to $2.10 billion at March 31, 2026, from $2.06 billion at December 31, 2025.</li><li>Core Deposits: Totaled $2.09 billion, or 99.3% of total deposits, at March 31, 2026, compared to $2.06 billion, or 99.7%, at December 31, 2025.</li><li>Litigation and Payment Processing Deposits: Represented $1.77 billion, or 84.2%, of total deposits at March 31, 2026.</li><li>Uninsured Deposits: $623.0 million, or 30% of total deposits, at March 31, 2026, excluding $17.9 million of the Company’s deposits held at the Bank.</li><li>Off-Balance Sheet Sweep Funds: Totaled $1.00 billion at March 31, 2026, with $330.4 million, or 33.0%, available to be swept onto the balance sheet as reciprocal client relationship deposits.</li></ul><h4>Capital and Liquidity</h4><ul><li>Stockholders’ Equity: Increased by $11.7 million to $301.3 million at March 31, 2026, from $289.6 million at December 31, 2025.</li><li>Liquidity Position: Totaled $1.10 billion at March 31, 2026, or 53% of total deposits, including cash, borrowing capacity, and available reciprocal client sweep balances.</li></ul><h4>Outlook/Guidance</h4>Esquire Financial Holdings, Inc. and Signature Bancorporation, Inc. entered into a merger agreement on March 11, 2026, where Signature will merge into Esquire Financial Holdings, Inc., and Signature Bank into Esquire Bank. The exchange ratio for Signature shareholders is 2.63 shares of Esquire common stock for each Signature common stock, subject to adjustment based on the disposition value of four Signature Bank loans totaling approximately $70 million. As of May 4, 2026, the exchange ratio could range from 2.544 to 2.715, depending on the recovery rate of the remaining loans after two Schedule A Loans were sold for $12.6 million, representing a 42% recovery rate.

Esquire Financial | 10-Q: FY2026 Q1 Revenue: USD 40.46 M