Is Esquire Financial Holdings, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Esquire Financial Holdings, Inc. moved from fair to expensive, indicating that the stock is overvalued. The company exhibits a P/E ratio of 17, a Price to Book Value of 3.05, and an EV to EBITDA of 9.79, which are relatively high compared to its peers. For instance, Nicolet Bankshares, Inc. has a P/E of 15.08, while Hope Bancorp, Inc. boasts a much higher P/E of 25.82, suggesting that Esquire is priced at a premium in its sector.
The company's recent performance has been impressive, with a year-to-date return of 25.64%, significantly outperforming the S&P 500's 13.30%. However, given the current valuation metrics, Esquire Financial Holdings appears overvalued in comparison to its peers and the broader market.