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NY’s Esquire Bank makes $348.4M Chicago push

The all-stock deal will create a combined bank with $4.8 billion in assets and reduce Esquire's reliance on litigation loans from over 70% to below 50%, the company said.

Summary by bankingdive.com
The bank’s holding company will acquire Illinois-based Signature Bancorporation in a move that will boost Esquire’s Midwest commercial-banking and real estate profile and diversify its earnings.

3 Articles

Chicago TribuneChicago Tribune
Center

Chicago’s Signature Bank joins forces with New York-based Esquire in $348 million merger

Under the terms of the agreement, announced Thursday, Esquire Financial is acquiring Signature in an all-stock transaction valued at $348 million.

·Chicago, United States
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bankingdive.combankingdive.com
Center

NY’s Esquire Bank makes $348.4M Chicago push

The bank’s holding company will acquire Illinois-based Signature Bancorporation in a move that will boost Esquire’s Midwest commercial-banking and real estate profile and diversify its earnings.

Read Full Article
American BankerAmerican Banker

Esquire makes deal for bigger cut of Chicago's legal market

New York-based Esquire Financial, which focuses on serving plaintiff law firms, has struck a $348 million deal for a Chicago bank.

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bankingdive.com broke the news in on Thursday, March 12, 2026.
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