Esquire Financial Holdings, Inc. announced the launch of its initial public offering of common stock. Esquire is offering 1,800,000 shares and selling stockholders are offering up to 760,000 shares of Esquire's common stock. The initial public offering price is currently estimated to be between $14.00 and $16.00 per share. The common stock is expected to trade on the Nasdaq Capital Market under the symbol "ESQ."

The underwriter will have a 30-day option to purchase up to an additional 384,000 shares of common stock from Esquire. Esquire intends to use the net proceeds from the offering to support growth in the loan portfolio of its wholly-owned banking subsidiary, Esquire Bank, National Association, to finance potential strategic acquisitions to the extent such opportunities arise, and for other general corporate purposes, which could include other growth initiatives. Esquire will not receive any proceeds from the sales of shares of common stock by the selling stockholders.

Sandler O'Neill + Partners, L.P. is acting as sole book-running manager.

About Esquire Financial Holdings, Inc.

Esquire Financial Holdings, Inc. is a bank holding company headquartered in Jericho, New York, with an additional branch office in Garden City, New York and an administrative office in Palm Beach Gardens, Florida. At March 31, 2017, Esquire had approximately $438.1 million in assets. Its wholly-owned subsidiary, Esquire Bank, National Association, is a full service commercial bank dedicated to serving the financial needs of the legal industry and small businesses nationally, as well as commercial and retail customers in the New York metropolitan area.