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 was a California bank holding company for Heritage Bank of Commerce, a San Jose-based commercial bank with full-service branches in Bay Area and nearby Northern California markets. News around HTBK centered on bank earnings, loan and deposit trends, net interest margin, asset quality, quarterly cash dividends, board governance, and recognition of Heritage Bank of Commerce as an SBA Preferred Lender.
The company also reported on Bay View Funding, a bank subsidiary that provides working-capital factoring financing to businesses across industries in the United States. Heritage Commerce Corp merged with and into CVB Financial Corp in April 2026, after which its common stock was removed from Nasdaq listing and registration.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Heritage Commerce Corp (Nasdaq: HTBK) has announced a regular quarterly cash dividend of $0.13 per share, payable on February 23, 2023, to shareholders of record by the close of business on February 9, 2023. Established in 1997, Heritage Commerce Corp is the holding company for Heritage Bank of Commerce, which operates full-service branches across California. The bank is recognized as an SBA Preferred Lender, with a subsidiary, Bay View Funding, providing essential financing services nationwide.
Heritage Commerce Corp (Nasdaq: HTBK) reported a robust fourth quarter of 2022, with net income rising 49% to $20.8 million, or $0.34 per diluted share. This marked an increase from $14.0 million year-over-year and a 15% rise from Q3 2022. For the full year, net income reached $66.6 million, up 40% from 2021. Key metrics include a return on average tangible common equity of 18.89% and a net interest margin of 4.10%. Despite a 6% decline in total deposits, the company maintained strong credit metrics, with nonperforming assets decreasing. Total loans increased 7% to $3.299 billion year-over-year, driven by solid loan growth.
Heritage Commerce Corp (Nasdaq: HTBK) declared a quarterly cash dividend of $0.13 per share, payable on November 22, 2022, to shareholders of record by the close of business on November 8, 2022. The CEO, Clay Jones, emphasized that this dividend reflects the company's appreciation for its loyal shareholders. Established in 1997, Heritage Commerce Corp operates Heritage Bank of Commerce, with full-service branches across California, and is recognized as an SBA Preferred Lender.