Heritage merce p(HTBK)

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Heritage Commerce Reports 15% Q2 Growth
The Motley Fool· 2025-07-25 19:52
Heritage Commerce (HTBK -3.13%), a bank focused on serving small and medium-sized businesses in the San Francisco Bay and Silicon Valley, announced its earnings for Q2 2025 on July 24, 2025. The headline news was its adjusted (non-GAAP) earnings per share of $0.21, which topped analyst estimates of $0.19 in Q2 2025. GAAP revenue of $47.8 million also came in ahead of the $47.3 million expectation in Q2 2025. However, a large legal settlement charge pushed net income to $6.4 million, down 31% from the second ...
Compared to Estimates, Heritage Commerce (HTBK) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-07-25 00:01
For the quarter ended June 2025, Heritage Commerce (HTBK) reported revenue of $47.78 million, up 14.5% over the same period last year. EPS came in at $0.21, compared to $0.15 in the year-ago quarter.The reported revenue represents a surprise of +2.21% over the Zacks Consensus Estimate of $46.75 million. With the consensus EPS estimate being $0.19, the EPS surprise was +10.53%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
Heritage Commerce (HTBK) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2025-07-24 23:16
Heritage Commerce (HTBK) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +10.53%. A quarter ago, it was expected that this holding company for Heritage Bank of Commerce would post earnings of $0.18 per share when it actually produced earnings of $0.19, delivering a surprise of +5.56%. ...
Heritage merce p(HTBK) - 2025 Q2 - Quarterly Results
2025-07-24 21:29
Heritage Commerce Corp 224 Airport Parkway San Jose, CA 95110 www.heritagecommercecorp.com Heritage Commerce Corp Reports Second Quarter and First Six Months of 2025 Financial Results San Jose, CA – July 24, 2025 – Heritage Commerce Corp (Nasdaq: HTBK), (the "Company"), the holding company for Heritage Bank of Commerce (the "Bank") today announced its financial results for the second quarter and six months ended June 30, 2025. All data are unaudited. REPORTED SECOND QUARTER 2025 HIGHLIGHTS: | Net Income | E ...
Heritage Commerce Corp Reports Second Quarter and First Six Months of 2025 Financial Results
Globenewswire· 2025-07-24 21:06
SAN JOSE, Calif., July 24, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), (the “Company”), the holding company for Heritage Bank of Commerce (the “Bank”) today announced its financial results for the second quarter and six months ended June 30, 2025. All data are unaudited. REPORTED SECOND QUARTER 2025 HIGHLIGHTS: Net IncomeEarnings Per SharePre-Provision Net Revenue ("PPNR")(1)Fully Tax Equivalent ("FTE") Net Interest Margin(1)Efficiency Ratio(1)Tangible Book Value Per Share(1) <td ...
Heritage Commerce Corp and Heritage Bank of Commerce Appoints Seth Fonti as Chief Financial Officer
Globenewswire· 2025-07-24 21:06
SAN JOSE, Calif., July 24, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (the “Company”), parent company of Heritage Bank of Commerce (the “Bank”), today announced the appointment of Seth Fonti as Executive Vice President and Chief Financial Officer of the Company and the Bank, effective July 24, 2025. Mr. Fonti brings more than two decades of financial and strategic leadership experience across global and domestic banking institutions. Most recently, he served as Managing Director and Hea ...
Heritage Commerce Corp and Heritage Bank of Commerce Continue Board Leadership Succession
Globenewswire· 2025-05-22 22:00
SAN JOSE, Calif., May 22, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (“Heritage” or “Company”), parent company of Heritage Bank of Commerce (the “Bank”), a premier community business bank, today announces the appointment of Julianne Biagini-Komas as Chair of the Board of Directors (the “Board”), replacing Chairman Jack W. Conner who has assumed the role of Chair Emeritus and has indicated he intends to remain on the Board to provide a smooth and orderly transition through October 2025. M ...
Heritage merce p(HTBK) - 2025 Q1 - Quarterly Report
2025-05-07 20:39
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) For the transition period from to Commission file number 000-23877 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Heritage Commerce Corp (Exact name of Registrant as Specified in its Charter) California (State or Other Jurisdiction of I ...
Heritage Commerce (HTBK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-04-25 00:30
For the quarter ended March 2025, Heritage Commerce (HTBK) reported revenue of $46.06 million, up 9.3% over the same period last year. EPS came in at $0.19, compared to $0.17 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $46.2 million, representing a surprise of -0.31%. The company delivered an EPS surprise of +5.56%, with the consensus EPS estimate being $0.18.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...
Heritage Commerce (HTBK) Q1 Earnings Top Estimates
ZACKS· 2025-04-24 22:45
Group 1 - Heritage Commerce (HTBK) reported quarterly earnings of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.18 per share, and showing an increase from $0.17 per share a year ago, resulting in an earnings surprise of 5.56% [1] - The company posted revenues of $46.06 million for the quarter ended March 2025, which was below the Zacks Consensus Estimate by 0.31%, and an increase from $42.14 million year-over-year [2] - Over the last four quarters, Heritage Commerce has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Group 2 - The stock's immediate price movement will largely depend on management's commentary during the earnings call, with shares down approximately 3.3% year-to-date compared to the S&P 500's decline of 8.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.20 on revenues of $47.13 million, and for the current fiscal year, it is $0.80 on revenues of $191.47 million [7] - The Zacks Industry Rank for Banks - West is in the bottom 42% of over 250 Zacks industries, indicating potential challenges for stock performance [8]