JERICHO, NY, April 22, 2021 / PRNewswire / – Esquire Monetary Holdings, Inc. (NASDAQ: ESQ) (the “Firm”), the holding firm of Esquire Financial institution, Nationwide Affiliation (“Esquire Financial institution”), at this time introduced that the Firm has been designated as the perfect performing group financial institution in United States, inserting first within the Raymond James Neighborhood Bankers Cup 2020. Esquire Monetary Holdings positioned first within the Raymond James Neighborhood Bankers Cup 2019 and third within the 2018 rankings.
“We’re extraordinarily proud to keep up our place on the high of the Raymond James Neighborhood Bankers Cup 2020 group financial institution record,” mentioned Andrew C. Sagliocca, President and CEO. “Repeating our first place rating, particularly in a 12 months of challenges and uncertainties, is a testomony to our buyer focus and ahead pondering enterprise mannequin. Your complete Esquire workforce has gone the additional mile for our clients in 2020 and their onerous work and dedication is really rewarding. ”
Raymond James acknowledges the highest 10% of group banks by way of United States primarily based on varied measures of profitability, operational effectivity and steadiness sheet. The pool of banks thought of for recognition contains all publicly traded home banks, excluding mutual holding firms and potential acquisition targets, with belongings between $ 500 million and $ 10 billion as of the 12 months. December 31, 2020.
Of the 241 group banks thought of for the 2020 Neighborhood Bankers Cup, the highest 10% carried out higher on a relative foundation in a number of of the next measures of monetary efficiency and stability: 1) belongings non-performing for loans and actual property held, 2) common base deposit share over 5 years, 3) internet curiosity margin, 4) effectivity ratio, 5) common return on belongings and 6) return on common tangible atypical fairness.
About Esquire Monetary Holdings, Inc.
Esquire Monetary Holdings, Inc. is a monetary holding firm headquartered in Jericho, New York, with a department in Jericho, New York and an administrative workplace at Boca Raton, Florida. Its wholly-owned subsidiary, Esquire Financial institution, Nationwide Affiliation, is a full-service industrial financial institution devoted to serving the monetary wants of the authorized business and small companies nationwide, in addition to industrial and retail purchasers within the new York Metropolitan space. The financial institution provides tailored merchandise and options to the authorized group and its purchasers, in addition to dynamic and versatile fee processing options to small enterprise homeowners. For extra info go to www.esquirebank.com.
SOURCE Esquire Monetary Holdings, Inc.