Esquire Bank Shines Bright in S&P Global Rankings for 2024
Esquire Bank's Recognition Among Community Banks
Esquire Financial Holdings, Inc. (NASDAQ: ESQ), the parent company of Esquire Bank, National Association, is excited to share its recent accolade featured in S&P Global Market Intelligence's annual assessment of small community banks for the year. Esquire Bank, distinguished by its solid financial performance, ranks in the upper quartile of community banks across the nation with assets under $3 billion.
Celebrating a Milestone Achievement
Andrew C. Sagliocca, the Vice Chairman, Chief Executive Officer, and President of Esquire, expressed his pride in this recognition. He stated, "It is an honor to be recognized by S&P Global Market Intelligence alongside other community and small-cap banks. This recognition comes on the heels of record operating results in 2024, further validating our focus on creating long-term stakeholder value and consistent industry-leading performance and growth." Esquire's commitment to excellence continues to pay off, reinforcing its position in a competitive marketplace.
Understanding the Evaluation Criteria
The evaluation process employed by S&P Global Market Intelligence began in 2011 and has since become a benchmark for assessing the capabilities of banks and credit unions. The assessment considers numerous financial metrics, focusing on important factors such as returns, funding, and overall growth, while emphasizing the strength of balance sheets and risk profiles. This thorough evaluation highlights banks that have successfully navigated market fluctuations while maintaining robust performance.
About Esquire Financial Holdings, Inc.
Esquire Financial Holdings, Inc. is notably recognized as a financial holding company, with its headquarters located in New York. The company operates one branch office in New York and an administrative office in Boca Raton, Florida. Its dedicated subsidiary, Esquire Bank, offers a range of financial services aimed at supporting the litigation industry and small businesses on a national scale. The bank also caters to commercial and retail clients in the metropolitan New York area, providing customized financial and payment processing solutions tailored specifically for the litigation community and small business owners. Recently, Esquire was included in Fortune's 2024 Fastest-Growing Companies list, underscoring its exceptional trajectory in the financial landscape.
Frequently Asked Questions
What recent recognition did Esquire Bank receive?
Esquire Bank was ranked among the top community banks in the U.S. by S&P Global Market Intelligence for 2024.
Who is the CEO of Esquire Financial Holdings, Inc.?
The CEO is Andrew C. Sagliocca, who is also the Vice Chairman and President of the company.
What does S&P Global Market Intelligence assess?
S&P Global Market Intelligence evaluates banks based on performance metrics like returns, growth, and risk management.
Where is Esquire Bank located?
Esquire Bank has its main office in Jericho, New York, and an administrative office in Boca Raton, Florida.
What services does Esquire Bank offer?
Esquire Bank provides financial services tailored for the litigation industry, small businesses, and other commercial and retail clients.
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