Heritage Bank of Commerce Achieves Top Industry Award
Heritage Commerce Corp (Nasdaq: HTBK) announced that its subsidiary, Heritage Bank of Commerce, received the title of “Super Premier Performing Bank” by The Findley Reports, based on 2021 year-end financials.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Heritage Commerce Corp (Nasdaq: HTBK) announced that its subsidiary, Heritage Bank of Commerce, received the title of “Super Premier Performing Bank” by The Findley Reports, based on 2021 year-end financials. This prestigious designation is awarded to California banks that excel in performance criteria. Heritage Bank has been recognized for over 28 years for its superior service in the San Francisco Bay Area. This accolade highlights the bank's exceptional financial performance and dedication to client service.
Positive
- Heritage Bank of Commerce recognized as a 'Super Premier Performing Bank' by The Findley Reports.
- Accolade based on solid 2021 year-end financial performance.
- Recognition enhances Heritage Bank's reputation among California banks.
Negative
- None.
Details
News Market Reaction – HTBK
The recorded move for HTBK in the trading session of this news was -1.93%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN JOSE, Calif., June 08, 2022 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), today announced that its subsidiary, Heritage Bank of Commerce, was rated a “Super Premier Performing Bank” by The Findley Reports. This top designation is based on 2021 year-end financials and awarded to California banks that exceed the Findley performance criteria.
Since 1967, The Findley Reports of Anaheim, California, has provided the banking industry with performance
benchmarking through its annual review. Recipients of these highly regarded designations are recognized throughout the California banking industry as institutions that have achieved exceptional financial performance.
“Heritage Bank of Commerce has been providing superior service to its clients and local communities in the San Francisco Bay Area for more than 28 years, and has established itself as a strong, sound leader in the financial services industry,” said Walter Kaczmarek, President and Chief Executive Officer of Heritage Commerce Corp. “We are proud to have received this recognition, which places us among the top performing banks in California. This accomplishment is the result of our many dedicated professionals focused on serving their customers and achieving the distinction of being among California’s best bankers.”
Heritage Commerce Corp, a bank holding company established in October 1997, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, Sunnyvale, and Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank of Commerce, is based in San Jose, CA and provides business-essential working capital factoring financing to various industries throughout the United States. For more information, please visit www.heritagecommercecorp.com.
Member FDIC
For additional information, contact:
Debbie Reuter
EVP, Corporate Secretary
Direct: 408-947-6900
Debbie.Reuter@herbank.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.