Esquire Financial Holdings, Inc. (NASDAQ: ESQ) today announced that it has completed its initial public offering of 2,363,873 shares of its common stock, par value $0.01 per share, at a public offering price of $14.00 per share. Esquire sold 1,800,000 shares and selling stockholders sold 563,873 shares of Esquire common stock in the offering. The offering resulted in gross proceeds to Esquire of approximately $25.2 million. The net proceeds to Esquire, after deducting the underwriting discount and estimated offering expenses, are approximately $21.9 million. Esquire did not receive any proceeds from the sale of shares by the selling stockholders and the selling stockholders did not include any members of the board of directors or executive management.

Esquire's common stock now trades on the Nasdaq Capital Market under the symbol "ESQ."

Sandler O'Neill + Partners, L.P. acted as sole book-running manager for the offering.

Sandler O'Neill + Partners, L.P. has a 30-day option to purchase up to 354,580 additional shares of common stock from Esquire at the public offering price of $14.00 per share, less the underwriting discount, to cover over-allotments, if any.

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.