Heritage Commerce Corp Reports Client Deposit Growth of 6% in the Third Quarter of 2024
Heritage Commerce Corp (HTBK)
Last heritage commerce corp earnings: 4/23 05:35 pm
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heritagecommercecorp.com
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Source: GlobeNewswire
SAN JOSE, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), (the “Company”), the holding company for Heritage Bank of Commerce (the “Bank”), today announced that its third quarter 2024 net income was $10.5 million, or $0.17 per average diluted common share, compared to $9.2 million, or $0.15 per average diluted common share, for the second quarter of 2024, and $15.8 million, or $0.26 per average diluted common share, for the third quarter of 2023. For the nine months ended September 30, 2024, net income was $29.9 million, or $0.49 per average diluted common share, compared to $51.1 million, or $0.83 per average diluted common share, for the nine months ended September 30, 2023. All data are unaudited. “The highlight of the third quarter of 2024 was significant deposit growth from our clients throughout our markets,” said Clay Jones, President and Chief Executive Officer. “Total deposit balances grew 6% at the end of the third quarter of 2024, compared
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News
- Heritage Commerce Corp (NASDAQ: HTBK) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Heritage Commerce Corp Announces Chief Financial Officer Succession [Yahoo! Finance]Yahoo! Finance
- Heritage Commerce Corp Announces Chief Financial Officer SuccessionGlobeNewswire
- Heritage Commerce Corp (NASDAQ: HTBK) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Are Options Traders Betting on a Big Move in Heritage Commerce Corp (HTBK) Stock? [Yahoo! Finance]Yahoo! Finance
HTBK
Earnings
- 7/25/24 - Miss
HTBK
Sec Filings
- 11/20/24 - Form 4
- 11/13/24 - Form 8-K
- 11/8/24 - Form 10-Q
- HTBK's page on the SEC website