ESQUIRE FINANCIAL HOLDINGS, INC. INCREASES QUARTERLY DIVIDEND FOR COMMON STOCKHOLDERS BY 17%

Esquire Financial Holdings (NASDAQ: ESQ) announced a 17% increase in its quarterly dividend to $0.175 per share of common stock.

Rhea-AI Summary

Esquire Financial Holdings (NASDAQ: ESQ) announced a 17% increase in its quarterly dividend to $0.175 per share of common stock. The dividend will be payable on March 3, 2025, to stockholders of record as of February 14, 2025.

This marks the fourth consecutive dividend increase since the company initiated dividend payments in 2022. The increase reflects the company's consistent industry-leading performance and growth over recent years, according to Vice Chairman, CEO, and President Andrew C. Sagliocca.

Positive

• 17% increase in quarterly dividend to $0.175 per share
• Fourth consecutive dividend increase since 2022
• Consistent industry-leading performance and growth

Negative

• None.

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JERICHO, N.Y., Jan. 30, 2025 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association ("Esquire Bank" or the "Bank"), today announced an increase to its regular quarterly dividend by 17% to $0.175 per share of common stock, payable on March 3, 2025, to each stockholder of record on February 14, 2025.

"Our consistent industry leading performance and growth over the past several years has allowed the Company to increase its regular stockholder dividend by 17%," stated Andrew C. Sagliocca, Vice Chairman, CEO, and President. "This marks the fourth consecutive increase for Esquire's stockholders since initiating dividends in 2022."

About Esquire Financial Holdings, Inc.

Esquire Financial Holdings, Inc. is a financial holding company headquartered in Jericho, New York, with one branch office in Jericho, New York and an administrative office in Boca Raton, Florida. Its wholly-owned subsidiary, Esquire Bank, is a full-service commercial bank dedicated to serving the financial needs of the litigation industry and small businesses nationally, as well as commercial and retail customers in the New York metropolitan area. The Bank offers tailored financial and payment processing solutions to the litigation community and their clients as well as dynamic and flexible payment processing solutions to small business owners. The Company was named to Fortune's 2024 Fastest-Growing Companies list. For more information, visit www.esquirebank.com.

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SOURCE Esquire Financial Holdings, Inc.

FAQ

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What is Esquire Financial's new quarterly dividend amount for 2025?

Esquire Financial's new quarterly dividend is $0.175 per share, representing a 17% increase from the previous amount.

When will ESQ's increased dividend be paid in 2025?

The increased dividend will be paid on March 3, 2025, to stockholders of record as of February 14, 2025.

How many consecutive dividend increases has ESQ implemented since 2022?

ESQ has implemented four consecutive dividend increases since initiating dividends in 2022.

What is the percentage increase in ESQ's quarterly dividend for 2025?

ESQ announced a 17% increase in its quarterly dividend for 2025.

When did Esquire Financial Holdings begin paying dividends?

Esquire Financial Holdings began paying dividends in 2022.