Heritage Commerce (HTBK) to Release Earnings on Thursday

Key Points

• Heritage Commerce is set to announce its Q3 2025 earnings on October 23rd, with expectations of $0.21 earnings per share and approximately $48.9 million in revenue.
• The company recently declared a quarterly dividend of $0.13 per share, reflecting an annualized yield of 5.3% and a dividend payout ratio of 82.54%.
• Wall Street analysts have mixed views on the stock, with targets ranging from $10.75 to $11.00, indicating both buy and sell ratings amidst varying assessments of the company's performance.

Heritage Commerce (NASDAQ:HTBK - Get Free Report) will likely be announcing its Q3 2025 results before the market opens on Thursday, October 23rd. Analysts expect the company to announce earnings of $0.21 per share and revenue of $48.8990 million for the quarter. Parties may visit the the company's upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Friday, October 24, 2025 at 4:00 PM ET.

Heritage Commerce (NASDAQ:HTBK - Get Free Report) last released its earnings results on Thursday, July 24th. The financial services provider reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.02. Heritage Commerce had a return on equity of 6.61% and a net margin of 15.00%.The company had revenue of $47.78 million during the quarter, compared to analyst estimates of $47.17 million. On average, analysts expect Heritage Commerce to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Heritage Commerce Price Performance

HTBK opened at $9.83 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.77 and a quick ratio of 0.77. The stock's 50 day simple moving average is $10.00 and its 200 day simple moving average is $9.61. The firm has a market cap of $604.05 million, a price-to-earnings ratio of 15.60 and a beta of 0.85. Heritage Commerce has a 1 year low of $8.09 and a 1 year high of $11.27.

Heritage Commerce Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Thursday, August 7th were issued a $0.13 dividend. The ex-dividend date was Thursday, August 7th. This represents a $0.52 annualized dividend and a dividend yield of 5.3%. Heritage Commerce's dividend payout ratio (DPR) is currently 82.54%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on HTBK shares. Zacks Research cut shares of Heritage Commerce from a "hold" rating to a "strong sell" rating in a research report on Monday. Piper Sandler assumed coverage on shares of Heritage Commerce in a report on Friday, October 10th. They set an "overweight" rating and a $11.00 target price for the company. Wall Street Zen cut Heritage Commerce from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Heritage Commerce in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Heritage Commerce has an average rating of "Hold" and a consensus target price of $10.75.

Insider Activity at Heritage Commerce

In related news, COO Thomas A. Sa bought 20,000 shares of the business's stock in a transaction dated Friday, August 1st. The shares were purchased at an average price of $9.25 per share, with a total value of $185,000.00. Following the purchase, the chief operating officer owned 20,000 shares of the company's stock, valued at approximately $185,000. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.71% of the company's stock.

Institutional Trading of Heritage Commerce

Several institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its holdings in shares of Heritage Commerce by 16,272.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,403 shares of the financial services provider's stock worth $54,000 after acquiring an additional 5,370 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Heritage Commerce by 50.4% during the second quarter. Tower Research Capital LLC TRC now owns 10,749 shares of the financial services provider's stock valued at $107,000 after purchasing an additional 3,604 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Heritage Commerce during the second quarter valued at approximately $113,000. Prudential Financial Inc. grew its stake in Heritage Commerce by 18.3% in the second quarter. Prudential Financial Inc. now owns 19,826 shares of the financial services provider's stock worth $197,000 after purchasing an additional 3,068 shares during the period. Finally, Acadian Asset Management LLC bought a new position in Heritage Commerce in the first quarter worth $316,000. 75.55% of the stock is currently owned by hedge funds and other institutional investors.

About Heritage Commerce

Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. Its deposit products for business banking and retail markets include interest and non-interest-bearing demand, savings, and money market accounts, as well as certificates of deposit and time deposits.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.