Esquire Bank Achieves Top Deposit Franchise Recognition for Three Years Running

Esquire Bank Achieves Top Deposit Franchise Recognition for Three Years Running



In a notable achievement, Esquire Financial Holdings, Inc. has proudly announced that Esquire Bank has been included in S&P Global Market Intelligence's annual U.S. Community Bank Deposit Rankings for the third consecutive year. Recognized among the top 100 deposit franchises in the United States, this accolade reaffirms Esquire Bank's growing influence in the financial sector, particularly among banks with assets under $3 billion.

The U.S. Community Bank Deposit Rankings have been enlightening the banking sector since their inception in 2024. This ranking initiative identifies banks that exhibit the most valuable and resilient deposit franchises by analyzing eight key financial metrics including noninterest-bearing deposit concentration, cost efficiency, and overall deposit growth, among others. Such a meticulous evaluation process puts a premium on banks that not only maintain stable funding but also exhibit efficient operational practices.

Andrew C. Sagliocca, Vice Chairman and CEO, affirmed the importance of this recognition, stating, "Obtaining this accolade for three straight years highlights our strong deposit franchise and the lasting relationships we’ve established with our clients. By deeply understanding our markets and customers, we've fostered connections that support our clients' growth while also enhancing our own organic deposit performance. The recent merger with Signature Bancorporation further broadens our customer base and positions Esquire for notable future growth."

As part of its strategic expansion, Esquire Financial recently completed the acquisition of Signature Bancorporation, enhancing its footprint in the banking world. This acquisition pushes Esquire's total assets to approximately $4.8 billion, with loans at $3.3 billion and deposits reaching $4.0 billion following the merger that took place on August 1, 2026. This merger is not just about numbers; it represents a significant opportunity for Esquire to leverage both companies' strengths, propelling growth and enhancing service offerings.

Esquire Bank operates as a full-service commercial bank with branch offices strategically located in Jericho, New York, Los Angeles, California, and Chicago, Illinois, alongside an operational hub in Boca Raton, Florida. Catering to the financial needs of the litigation sector and small businesses across the nation, the bank’s service offerings extend to commercial and retail clients in key metropolitan areas. Understanding the unique financial requirements faced by these sectors, Esquire Bank offers tailored solutions that resonate well with its clientele.

With an emphasis on fostering long-lasting relationships and understanding market dynamics, Esquire Bank continues to cement its position as a trusted banking partner. The recognition from S&P Global Market Intelligence not only validates the bank's strategic initiatives and commitment to customer service, but it also sets the stage for future accolades and successes in the competitive banking landscape.

In summary, the third consecutive year of recognition from S&P Global Market Intelligence positions Esquire Bank as a leader in the deposit franchise sector, exemplifying the bank's dedication to client service and its proactive approach towards banking challenges. Whether it’s through innovative financial solutions or strategic acquisitions, Esquire Bank shows no signs of slowing down on its path to further growth and excellence in the community banking space.

Topics Financial Services & Investing)

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