Esquire Financial Holdings (ESQ) Loans - Loss Allowance (2016 - 2023)

Esquire Financial Holdings' Loans - Loss Allowance history runs 8 years deep, the most recent figure standing at $15.3 million for Q3 2023.

• In Q3 2023, Loans - Loss Allowance rose 40.82% year-over-year to $15.3 million; the TTM figure through Sep 2023 stood at $15.3 million (up 40.82% YoY), while the FY2022 annual figure was $12.2 million, up 34.67% from the prior year.
• Loans - Loss Allowance was $15.3 million for Q3 2023 at Esquire Financial Holdings, up from $2.4 million in the prior quarter.
• In the past five years, Loans - Loss Allowance ranged from a high of $15.3 million in Q3 2023 to a low of $2.4 million in Q2 2023.
• Historically, Loans - Loss Allowance has averaged $9.7 million across 5 years, with a median of $9.6 million in 2023.
• The sharpest annual moves came in 2020 and 2023: Loans - Loss Allowance soared 71.44% in 2020, then tumbled 76.41% in 2023.
• A 5-year view of Loans - Loss Allowance shows it stood at $7.0 million in 2019, then soared by 63.14% to $11.4 million in 2020, then dropped by 20.4% to $9.1 million in 2021, then jumped by 34.67% to $12.2 million in 2022, then climbed by 25.4% to $15.3 million in 2023.
• The last three Loans - Loss Allowance figures came in at $15.3 million (Q3 2023), $2.4 million (Q2 2023), and $9.6 million (Q1 2023), per Business Quant data.