Heritage Commerce Corp (HTBK) News

Heritage Commerce Corp (HTBK): $11.97

-0.48 (-3.86%)

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HTBK News Highlights

  • HTBK's 30 day story count now stands at 4.
  • Over the past 23 days, the trend for HTBK's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
  • The most mentioned tickers in articles about HTBK are ALTO, JACK and MAR.

Latest HTBK News From Around the Web

Below are the latest news stories about Heritage Commerce Corp that investors may wish to consider to help them evaluate HTBK as an investment opportunity.

Heritage Commerce: A Commercial Real Estate Lender With Limited Growth Opportunities

Photo by Sundry Photography/iStock via Getty Images Investment Thesis In terms of relative asset size, San Jose, California-based Heritage Commerce Corp. (HTBK) is in a sweet spot. Heritage is $4.6 billion asset bank, which is large enough to garner cost efficiencies and promote internal growth strategies. Also, it's big enough...

ALG Research on Seeking Alpha | April 7, 2021

Walter Kaczmarek rejoins Heritage Commerce as interim CEO

Heritage Commerce Corp ([[HTBK]] -0.3%), the holding company for Heritage Bank of Commerce ((the bank)) has appointed Walter Kaczmarek as the Company’s and banks interim President and CEO to succeed Keith Wilton, who retired as President and CEO of the Company and the Bank effective March 12.Mr. Kaczmarek is currently a member of the...

Seeking Alpha | March 15, 2021

Heritage Commerce president & CEO steps down

Heritage Commerce ([[HTBK]] -0.3%) announced that on Mar.12 Keith Wilton retired as president and CEO of the company and the bank.He also retired as a director from the company's and the bank's board.Board appointed Walter Kaczmarek as interim president & CEO; he also holds these positions with the bank.Prior to joining Heritage Commerce...

Seeking Alpha | March 15, 2021

Chief Executive Officer of Heritage Commerce Corp Steps Down and Former Chief Executive Officer to Rejoin Company

SAN JOSE, Calif., March 15, 2021 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced that on March 12, 2021, Keith Wilton retired as President and Chief Executive Officer of the Company and the Bank. Mr. Wilton has also retired as a director from the Company’s and the Bank’s Board of Directors. “The Board thanks Keith Wilton for his years of valuable service and we wish him the best as he enters retirement,” said Jack Conner, the Company’s Chairman of the Board. The Company’s Board of Directors has appointed Walter Kaczmarek as the Company’s interim President and Chief Executive Officer. Mr. Kaczmarek will also hold those positions with the Bank. Mr. Kaczmarek is currently a member of ...

Yahoo | March 15, 2021

Phil Fortino Joins Heritage Bank of Commerce as Market Manager in Hollister

SAN JOSE, Calif., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Heritage Bank of Commerce (the “Bank”), a subsidiary of Heritage Commerce Corp (Nasdaq: HTBK), is pleased to announce that Phil Fortino has joined the Bank as Vice President, Market Manager for the Hollister area. Mr. Fortino will focus on business development and commercial banking. “Phil’s experience, breadth of knowledge and commitment to the community make him an ideal addition to Heritage Bank of Commerce,” said Jeff Perkins, SVP & Central Coast Regional President. “His experience as a successful business owner and community leader fit our mission perfectly.” Mr. Fortino brings 11 years of commercial banking experience and 31 years of dedicated business ownership in Hollister. He has a wide-ranging and comprehensive understanding ...

Yahoo | February 4, 2021

Heritage Commerce (HTBK) Matches Q4 Earnings Estimates

Heritage Commerce (HTBK) delivered earnings and revenue surprises of 0.00% and -3.18%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | January 29, 2021

Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share

SAN JOSE, Calif., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors declared its regular quarterly cash dividend of $0.13 per share to holders of common stock. The dividend will be payable on February 26, 2021, to shareholders of record at close of business day on February 12, 2021. Heritage Commerce Corp, a bank holding company established in October 1997, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, Sunnyvale, and...

Yahoo | January 28, 2021

Heritage Commerce Corp Reports Earnings of $11.6 Million for the Fourth Quarter of 2020 and $35.3 Million for 2020

SAN JOSE, Calif., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced fourth quarter 2020 net income of $11.6 million, or $0.19 per average diluted common share, compared to $5.7 million, or $0.10 per average diluted common share, for the fourth quarter of 2019, and $11.2 million, or $0.19 per average diluted common share, for the third quarter of 2020. For the year ended December 31, 2020, net income was $35.3 million, or $0.59 per average diluted common share, compared to $40.5 million, or $0.84 per average diluted common share, for the year ended December 31, 2019. All results are unaudited. “We generated solid earnings, for the full year of 2020, fueled by a year-over...

Yahoo | January 28, 2021

Heritage Commerce (NASDAQ:HTBK) Stock Rating Upgraded by BidaskClub

Heritage Commerce (NASDAQ:HTBK) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a report released on Friday, BidAskClub reports. Other equities research analysts also recently issued reports about the company. Piper Sandler decreased their price objective on Heritage Commerce from $9.00 to $8.00 and set an “overweight” rating […]

Zolmax News | October 25, 2020

Heritage Commerce Corp and Heritage Bank of Commerce Complete San Jose Headquarters and Branch Relocation

SAN JOSE, Calif., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), and its principal subsidiary Heritage Bank of Commerce, the premier community business bank of the San Francisco Bay Area, are pleased to announce that they have completed the move of their corporate headquarters, San Jose branch office and bank subsidiary, Bay View Funding, to their new location at 224 Airport Parkway, San Jose, CA 95110. “Our new San Jose headquarters facility allowed us to consolidate many different operating areas of the Bank into a single location to better support our customers, community partners and the entire Heritage organization across the region,” said Keith A. Wilton, President & Chief Executive Officer of Heritage Commerce Corp and Heritage Bank of Commerce. “We re...

Yahoo | September 8, 2020



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