Esquire Financial is a niche lender that primarily serves as a banking partner to legal firms while also providing payment processing services. Generating attractive returns in banking generally requires low cost deposits, intelligent lending and risk management, and an efficient operating structure. Esquire appears to demonstrate each of these in spades, largely because of a laser focus on its core market, high insider ownership, and a digitally-focused operating model.
great article, would've been nice if there was a valuation section. definitely adding ESQ on my watchlist.
Check out Burford capital $BUR. It’s not a bank but is into litigation financing.