Earnings call transcript: Esquire Financial beats Q3 2026 forecasts as stock rises

Esquire Financial Holdings reported stronger-than-expected third-quarter 2026 results, with adjusted earnings of $2.12 per diluted share and revenue of $61.39 million, both surpassing expectations. The merger with Signature Bank, completed in August, played a significant role in boosting the company's performance, as evidenced by the rise in stock price by 2.39% to $126.81 in premarket trading.

Management stated that the combined entity is on track for about $9.00 in diluted EPS in 2027, with net interest margin remaining strong at 5.74%. The company's credit quality remained stable, with allowance for credit losses at 1.3% of loans and nonperforming assets at $9.7 million. Esquire Financial's adjusted EPS of $2.12 surpassed the consensus estimate by 12.17%, while revenue exceeded forecasts by 2.44%.

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