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 ...

I want to start with the fact that we are in Los Angeles and there has been a lot of discussion about the protests and some of the military presence. And there's a real question as investors, how much some of these types of political backdrops and social backdrops affect where you invest. And Tim, I'm curious to what degree it really is affecting the flow of investment.I think the primary driver, if you just want to look at Los Angeles of investment here, is, you know, where the economies are very active. R ...