Heritage Commerce (HTBK) News Today

Heritage Commerce Corp (NASDAQ: HTBK) shares have increased today after a series of positive earnings results, dividend declarations and an executive appointment.

• Positive Sentiment: Heritage Commerce reported Q2 EPS of $0.21, beating the Zacks consensus estimate by $0.02 and up from $0.15 a year ago. The company also delivered a return on equity of 6.11% and a net margin of 16.38%. HTBK Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: The board declared a regular quarterly cash dividend of $0.13 per share (5.26% annualized yield), payable August 21st to shareholders of record on August 7th. This marks the company’s 13th consecutive year of quarterly dividends. Dividend Declaration
• Positive Sentiment: Heritage Commerce named Seth Fonti as Executive Vice President and Chief Financial Officer, bolstering its senior leadership team. CFO Appointment
• Neutral Sentiment: Zacks published an analysis comparing HTBK’s key Q2 metrics against Wall Street estimates and year-ago figures for deeper performance context. Key Metrics Analysis
• Neutral Sentiment: Short interest for HTBK remained effectively unchanged in July, with a short-interest ratio of 0.0 days based on average trading volume.