Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share
Rhea-AI Summary
Heritage Commerce Corp (HTBK) has declared its regular quarterly cash dividend of $0.13 per share to common stockholders. The dividend will be paid on May 22, 2025, to shareholders of record as of May 8, 2025.
The company has maintained a consistent track record of quarterly dividend payments since 2013. Heritage Commerce Corp, established in 1997, operates through its subsidiary Heritage Bank of Commerce, which was founded in 1994 and is headquartered in San Jose, CA. The bank maintains full-service branches across multiple California locations and serves as an SBA Preferred Lender. Its subsidiary, Bay View Funding, provides working capital factoring financing services nationwide.
Positive
- Consistent dividend payment track record since 2013
- Maintains stable quarterly dividend of $0.13 per share
- Broad geographical presence across California markets
Negative
- None.
News Market Reaction – HTBK
In the trading session that priced this news, HTBK declined 1.65%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN JOSE, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors had declared its regular quarterly cash dividend of
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, Oakland, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, 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. The contents of our website are not incorporated into, and do not form a part of, this release or of our filings with the Securities and Exchange Commission.
Member FDIC
For additional information, contact:
Debbie Reuter
EVP, Corporate Secretary
Direct: (408) 494-4542
Debbie.Reuter@herbank.com
