Compared to Estimates, Heritage Commerce (HTBK) Q2 Earnings: A Look at Key Metrics

Core Insights - Heritage Commerce (HTBK) reported a revenue of $47.78 million for the quarter ended June 2025, reflecting a year-over-year increase of 14.5% [1] - The earnings per share (EPS) for the quarter was $0.21, up from $0.15 in the same quarter last year, resulting in an EPS surprise of +10.53% compared to the consensus estimate of $0.19 [1] - The reported revenue exceeded the Zacks Consensus Estimate by +2.21% [1] Financial Performance Metrics - Net Interest Margin was reported at 3.5%, surpassing the average estimate of 3.4% from two analysts [4] - The Efficiency Ratio was 80.2%, significantly higher than the estimated 62.2% by two analysts [4] - Total Non-Interest Income reached $2.98 million, exceeding the average estimate of $2.5 million [4] - Net Interest Income was reported at $44.81 million, above the average estimate of $44.25 million [4] Stock Performance - Heritage Commerce shares have returned +5.5% over the past month, slightly underperforming the Zacks S&P 500 composite's +5.7% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]