Esquire Financial Holdings Reports Growth Following Signature Bancorporation Acquisition

Esquire Financial Holdings, Inc. announced its financial results for the third quarter ending September 30, 2026, highlighting the successful integration of Signature Bancorporation, Inc. The acquisition, which closed on August 1, 2026, resulted in a combined organization with approximately $4.75 billion in assets.

Financial Performance Overview

• Net Income: Reported at $17.5 million for the third quarter of 2026, up from $13.0 million in the previous quarter.
• Earnings Per Share: Diluted EPS reached $1.57, compared to $1.49 in the second quarter of 2026.
• Growth Metrics: Loans increased to $3.43 billion, while total deposits grew to $3.98 billion, largely influenced by the Signature merger.
• Efficiency Ratio: The company reported an efficiency ratio of 58.6%, with an adjusted efficiency ratio of 41.1% when excluding merger-related expenses and core deposit intangible amortization.

Merger and Operations

The company successfully completed the acquisition of Signature Bancorporation, incorporating two months of activity into the third-quarter results. Management noted that core systems conversions remain in progress and are targeted for completion in April 2027. There has been no material client attrition to date.

According to CEO Andrew C. Sagliocca, the merger has expanded the bank's resources and diversified its balance sheet, allowing for continued organic growth alongside the integration of new commercial operations in the Chicago and Midwest markets. The company continues to maintain a strong capital position, with common equity tier 1 ratios well above regulatory standards for a "Well Capitalized" bank.

Investors can verify these figures and access detailed non-GAAP reconciliations in the full press release filed via PR Newswire.