Free Trial

Heritage Commerce Q4 2023 Earnings Report

Heritage Commerce logo
$9.56 +0.02 (+0.16%)
As of 12:42 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Heritage Commerce EPS Results

Actual EPS
$0.22
Consensus EPS
$0.24
Beat/Miss
Missed by -$0.02
One Year Ago EPS
N/A

Heritage Commerce Revenue Results

Actual Revenue
$44.24 million
Expected Revenue
$46.38 million
Beat/Miss
Missed by -$2.14 million
YoY Revenue Growth
N/A

Heritage Commerce Announcement Details

Quarter
Q4 2023
Time
N/A
Remove Ads

Heritage Commerce Earnings Headlines

Comparing ACNB (NASDAQ:ACNB) & Heritage Commerce (NASDAQ:HTBK)
[OPEN NOW] New rules to trade options with.
Here’s an update that could make your entire year. But first, a question. Could you get better wins if you applied a new set of rules to your trade? For example, when you meet your criteria to take a trade, could you improve your results by taking the same trade differently? From the audit I just did, it turns out the answer is a resounding YES! I applied a new set of rules to 100 live published trades from 2024. These 100 trades already got a whopping 69% win rate – taking a $10k model account risking 10% per trade to $63,304. But what happened when we applied these new rules? We got an 85.1% win rate and sent the same $10k account risking 10% per trade to over $200k!
Heritage Commerce upgraded to Overweight at Stephens after Q4 report
See More Heritage Commerce Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like Heritage Commerce? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Heritage Commerce and other key companies, straight to your email.

About Heritage Commerce

Heritage Commerce (NASDAQ:HTBK) 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. The company's loan portfolio comprises commercial loans, such as operating secured and unsecured loans advanced for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial construction loans for rental properties, commercial buildings, and homes; small business administration loans; home equity lines of credit; multifamily loans on residential properties; residential mortgage loans; and consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes. In addition, it offers other banking services, including cashier's checks, bank by mail, night depositories, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer, online bill pay, homeowner association, remote deposit capture, automated clearing house origination, electronic data interchange, and check imaging services, as well as other customary banking, factoring financing, and electronic banking services. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California.

View Heritage Commerce Profile

More Earnings Resources from MarketBeat