Esquire Financial Holdings, Inc. Reports Second Quarter 2020 Results
Esquire Financial Holdings, Inc. (ESQ)
Last esquire financial holdings, inc. earnings: 4/24 04:00 pm
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US:NASDAQ Investor Relations:
investorrelations.esquirebank.com
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Source: PR Newswire
JERICHO, N.Y., July 24, 2020 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the holding company for Esquire Bank, National Association ("Esquire Bank"), today announced its operating results for the second quarter of 2020. Results comparing the current quarter to the first quarter of 2020 ("linked quarter") include:Net income was relatively unchanged at $2.5 million, or $0.33 per diluted share, on a linked quarter basis and decreased 27% when compared to net income of $3.5 million, or $0.45 per diluted share, for the quarter ended June 30, 2019. Due to the significant and ongoing uncertainty surrounding the pandemic and its protracted negative impact on the economy, the Company recorded an additional provision for loan losses of $1.5 million, or $0.15 per diluted share, in line with the first quarter of 2020 COVID-19 provision. Returns on average assets and common equity were 1.20% and 8.77%, respectively, for the current quarter, and 1.89% and 14.04%,
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ESQ
Earnings
- 4/25/24 - Beat
ESQ
Sec Filings
- 4/25/24 - Form 8-K
- 4/25/24 - Form 8-K
- 4/19/24 - Form S-3
- ESQ's page on the SEC website