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Esquire Financial Holdings, Inc. (ESQ) is a financial holding company headquartered in Jericho, New York, operating as a full-service commercial bank through its subsidiary, Esquire Bank, National Association. The company specializes in serving the litigation industry, small businesses, and commercial and retail customers, offering tailored banking products and payment processing solutions. ESQ leverages cutting-edge technology and deep industry expertise to provide dynamic financial services nationwide.
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Litigation-Related Loans - Provides tailored financing solutions for law firms and individuals, including commercial loans such as working capital lines of credit, case cost lines of credit, and term loans, as well as consumer loans like post-settlement and structured settlement loans.
- Commercial Litigation Loans - Offers financing for law firms to support case-related expenses and operations.
- Consumer Litigation Loans - Provides loans to individuals based on post-settlement or structured settlement agreements.
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Real Estate Loans - Offers multifamily loans, commercial real estate loans, and 1–4 family loans to support property investments and development.
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Payment Processing Solutions - Delivers flexible payment processing services, including credit and debit card processing, ACH income, and related services for small business owners nationwide.
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Other Noninterest Income - Generates revenue from administrative service fees, net gains on equity investments, and customer-related fees and charges.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Andrew C. Sagliocca ExecutiveBoard | Chief Executive Officer and President | Andrew C. Sagliocca has been the Chief Executive Officer and President of Esquire Financial Holdings, Inc. since January 2009. He also serves as Vice Chairman of the Board since May 2023. | View Report → | |
Ari P. Kornhaber Executive | Executive Vice President and Head of Corporate Development | Ari P. Kornhaber is currently the Executive Vice President and Head of Corporate Development at ESQ since October 2020. He previously served as Executive Vice President and Director of Sales from 2013 to 2020. | ||
Eric S. Bader Executive | Executive Vice President and Chief Operating Officer | Eric S. Bader has served as Executive Vice President and Chief Operating Officer since December 2018 at Esquire Financial Holdings, Inc. Previously, he served as Chief Financial Officer from 2009 to 2018 and as Treasurer in 2008, and brings extensive experience from roles at Goldman Sachs and North Fork Bank. | ||
Michael Lacapria Executive | Senior Vice President and Chief Financial Officer | Michael Lacapria is the Senior Vice President and Chief Financial Officer at Esquire Financial Holdings, Inc. and Esquire Bank since December 2018. He has over 20 years of financial services experience, having previously served as CFO and regional finance director at Deutsche Bank Trust Corporation from October 2016 to December 2018. | ||
Anthony Coelho Board | Chairman of the Board of Directors | Chair of the Advisory Board for Bender Consulting Services; Chair and Board Member for the American Association of People with Disabilities | Anthony Coelho is the Chairman of the Board at Esquire Financial Holdings, Inc., having joined the Esquire Bank board in 2010 and assumed the Chairman role in August 2018. He is also recognized for his distinguished career in politics and business, including his contributions to civil rights and advocacy work. | |
Joseph Melohn Board | Director | President of The Expansion Group Inc.; President of Expansion VC | Joseph Melohn is a Director at ESQ since July 28, 2022. He is a private investor and entrepreneur who has served as President of The Expansion Group Inc. and President of Expansion VC since 2006. | |
Kevin C. Waterhouse Board | Director | Vice President and Investment Advisor at L.M. Waterhouse & Company; First Vice President of Operations & Product Development at Waterhouse National Bank | Kevin C. Waterhouse is a Director at Esquire Financial Holdings, Inc., serving since 2006. He is also a founding organizer of Esquire Bank and previously held roles as Vice President and Investment Advisor at L.M. Waterhouse & Company and First Vice President of Operations & Product Development at Waterhouse National Bank. | |
Rena Nigam Board | Director | CEO of Meytier Inc. | Rena Nigam has been serving as a Director at ESQ since January 3, 2024. She brings extensive leadership experience from founding and leading Meytier Inc. as its CEO, and previously held executive roles at Incedo Inc. and other companies. | |
Richard T. Powers Board | Director | Owner of RT Powers & Associates | Richard T. Powers has served as a Director at ESQ since 2006 and currently acts as the Audit Committee Chairman. He previously served as President and CEO of Esquire Bank from 2005 through 2008, building a distinguished career in the financial services industry. | |
Robert J. Mitzman Board | Director | Robert J. Mitzman is a Director at Esquire Financial Holdings, Inc. and has served on the Esquire Bank board since 2007. He brings over 40 years of global logistics experience from founding and leading Quick Group of Companies, and he has previously served on the Board of Directors for Perfumania Holdings. | ||
Selig Zises Board | Director | Selig Zises is a founding organizer at ESQ and has served as a Director since 2009, bringing extensive industry experience from his tenure as founder and CEO of Integrated Resources (1969-1988). | ||
Todd Deutsch Board | Director | Private investor and entrepreneur managing his family office since 2012 | Todd Deutsch is a Director at Esquire Financial Holdings, Inc. since 2015 and has extensive financial experience from his previous roles as a private investor and trader with Goldman Sachs and various hedge funds. |
Recent press releases and 8-K filings for ESQ.
- Q1 2025 Financial Results: Net income of $11.4M (+13%, EPS $1.33) and total revenue rose 15% to $33.8M, driven by a net interest margin of 5.96% .
- Quarterly dividend of $0.175 per share (raised 17%) declared for Q1 2025, payable on June 2, 2025 with a record date of May 15, 2025 .
- Diversified portfolio: Maintaining $835M in law firm loans and $523M in DDA deposits supports a liquid balance sheet .
- Accelerated noninterest income: Payment processing segment, servicing 90,000 merchants, contributed fees representing 18% of quarterly revenue .
- Strategic vertical growth: Achieved approximately 20% CAGR in litigation loans and 14% CAGR in payment processing income since 2020 .
- Operational efficiency: Efficiency ratio of 49.6% with an allowance for credit losses at 1.37% .