Welcome to our dedicated page for Heritage Comm news (Ticker: HTBK), a resource for investors and traders seeking the latest updates and insights on Heritage Comm stock.
Heritage Commerce Corp (NASDAQ: HTBK) is a California bank holding company and parent of Heritage Bank of Commerce, a community business bank headquartered in San Jose, California. The company’s news flow centers on commercial banking activities, financial performance, capital management, and corporate governance developments, reflecting its role in the commercial banking and factoring markets.
Regular earnings announcements are a key component of Heritage Commerce Corp news. The company issues quarterly press releases detailing unaudited financial results, including net income, earnings per share, pre-provision net revenue, fully tax equivalent net interest margin, efficiency ratio, loan and deposit trends, and asset quality metrics. These updates often discuss loan growth, deposit changes, noninterest income and expense, and capital ratios, as well as non-GAAP measures such as adjusted net income and adjusted PPNR.
Investors following HTBK news will also see frequent updates on dividends and share repurchases. The Board of Directors has declared regular quarterly cash dividends, with recent releases describing a $0.13 per share dividend and noting a record of paying a cash dividend each quarter since 2013. SEC filings and press releases also cover the company’s share repurchase program, including authorizations, increases in the maximum total value of shares authorized for repurchase, and remaining capacity under the program.
Heritage Commerce Corp’s news includes leadership and governance changes, such as appointments to the Board of Directors, changes in Board chair roles, executive appointments in finance and accounting positions, and planned retirements of senior officers. These developments are reported through press releases and corresponding Form 8-K filings.
A significant recent news theme is the proposed merger with CVB Financial Corp. In December 2025, the company announced a definitive merger agreement under which Heritage Commerce Corp will merge with and into CVB Financial Corp, and Heritage Bank of Commerce will merge with Citizens Business Bank, subject to specified conditions. Related communications include forward-looking statements and references to forthcoming SEC registration and proxy materials.
This news page aggregates these types of updates for HTBK, allowing readers to review financial results, capital actions, governance changes, credit ratings commentary, and transaction announcements in one place.
Heritage Commerce Corp (Nasdaq: HTBK) announced a regular quarterly cash dividend of $0.13 per share. The dividend is payable on February 19, 2026 to shareholders of record at the close of business on February 5, 2026. Heritage Commerce has paid a cash dividend each quarter since 2013, reflecting a multi-year history of shareholder distributions.
Heritage Commerce (Nasdaq: HTBK) reported fourth-quarter and full-year 2025 results showing adjusted earnings growth, margin expansion, balance-sheet growth and a strategic merger announcement. For 4Q25 adjusted net income was $17.2M (reported $15.1M) and adjusted EPS was $0.28 (reported $0.25). Full-year 2025 adjusted net income was $56.4M versus $47.8M reported and adjusted EPS was $0.91 versus $0.78 reported. FTE net interest margin rose to 3.72% in 4Q25 and 3.56% for FY25. Loans HFI were $3.7B and deposits were $4.9B. The company disclosed $9.2M of pre-tax legal-settlement charges and $2.1M of pre-tax merger-related costs excluded from adjusted metrics. Heritage also announced a strategic merger with Citizens Business Bank.
Heritage Commerce Corp (Nasdaq: HTBK) declared a regular quarterly cash dividend of $0.13 per share. The Board set the payable date as November 20, 2025 and the record date as November 6, 2025 (close of business).
Heritage Commerce has paid a cash dividend each quarter since 2013. The company is the holding company for Heritage Bank of Commerce, headquartered in San Jose, CA, with multiple full-service branches and an SBA Preferred Lender designation. Bay View Funding, a subsidiary, provides factoring financing nationwide.
Heritage Commerce Corp (Nasdaq: HTBK) reported third-quarter 2025 results on October 23, 2025 showing continued core momentum and operating leverage.
Key metrics: Net income $14.7M and EPS $0.24; Total revenue $50.0M (+19% YoY); Net interest income $46.8M (+19% YoY); FTE NIM 3.60%; PPNR $21.0M (+44% YoY); loans HFI $3.6B (+5% YoY); deposits $4.8B; efficiency ratio 58.05% (improved YoY).
The company noted improved asset quality, higher capital ratios, $4.0M LTM net repurchases, and a LTM dividend of $31.9M with a 74% payout ratio.
Heritage Commerce Corp (NASDAQ: HTBK) has announced the appointment of Christopher J. Abate to its Board of Directors, expanding the board from eight to nine members. Abate, who currently serves as CEO of Redwood Trust, will also join the Board's Audit Committee and Personnel and Compensation Committee.
Abate brings over 20 years of financial services experience, having served in various leadership roles at Redwood Trust since 2006, including CEO, President, CFO, and Controller. His appointment adds significant expertise in real estate, finance, and complex markets to Heritage's board structure.
Heritage Commerce Corp (Nasdaq: HTBK), the parent company of Heritage Bank of Commerce, has declared a quarterly cash dividend of $0.13 per share. The dividend will be paid on August 21, 2025, to shareholders of record as of August 7, 2025.
The company has maintained a consistent track record of quarterly dividend payments since 2013. Heritage Bank of Commerce, established in 1994, operates through a network of full-service branches across multiple California locations and serves as an SBA Preferred Lender.
Heritage Commerce Corp (NASDAQ: HTBK) reported its Q2 2025 financial results with adjusted net income of $13.0 million, or $0.21 per share, up from $11.6 million in Q1 2025. The company's reported net income was $6.4 million after including a $9.2 million pre-tax charge primarily related to a legal settlement.
Key Q2 2025 metrics include: total revenue of $47.8 million (up 15% year-over-year), net interest margin of 3.54%, and loans held-for-investment of $3.5 billion (up 5% year-over-year). Total deposits were $4.6 billion, representing a 4% increase from the previous year.
The bank maintained strong credit quality with nonperforming assets to total assets ratio at 0.11% and demonstrated solid capital levels with a common equity tier 1 ratio of 13.3%.
Heritage Commerce Corp (NASDAQ: HTBK) has appointed Seth Fonti as Executive Vice President and Chief Financial Officer of both the company and Heritage Bank of Commerce, effective July 24, 2025. Fonti brings over 20 years of financial and strategic leadership experience, most recently serving as Managing Director and Head of Strategy, Corporate Development, and Strategic Finance at MUFG Americas.
During his tenure at MUFG Americas, Fonti was recognized as a top 0.1% manager and led transformative initiatives across strategy, financial planning, and risk management. His prior experience includes roles as a financial institutions investment banker with Macquarie Capital, Fox-Pitt Kelton, and JP Morgan. Fonti holds an M.B.A. in Finance from Georgetown University and a B.A. from Rollins College.
Heritage Commerce Corp (NASDAQ: HTBK) announced that Kroll Bond Rating Agency (KBRA) has affirmed its credit ratings. The company received a BBB+ senior unsecured debt rating, BBB subordinated debt rating, and K2 short-term debt rating. Its subsidiary, Heritage Bank of Commerce, received A- deposit and senior unsecured debt ratings, BBB+ subordinated debt rating, and K2 short-term deposit and debt ratings.
KBRA maintained a stable outlook for both entities' long-term ratings. The agency highlighted Heritage's disciplined approach to liquidity and capital management, along with solid credit quality position due to prudent underwriting and monitoring practices.