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United States

Heritage Commerce Corp (HTBK.OQ)

HTBK.OQ on NASDAQ Stock Exchange Global Select Market

17.63USD
22 Jun 2018
Change (% chg)

$0.23 (+1.32%)
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Latest Key Developments (Source: Significant Developments)

Heritage Commerce Reports Q1 EPS Of $0.23
Thursday, 26 Apr 2018 04:52pm EDT 

April 26 (Reuters) - Heritage Commerce Corp ::EARNS $8.8 MILLION IN THE FIRST QUARTER OF 2018.Q1 EARNINGS PER SHARE $0.23.Q1 EARNINGS PER SHARE VIEW $0.24 -- THOMSON REUTERS I/B/E/S.NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES INCREASED 11% TO $26.3 MILLION FOR Q1 OF 2018.  Full Article

Heritage Commerce Corp And United American Bank Agree To Merge
Thursday, 11 Jan 2018 07:00am EST 

Jan 11 (Reuters) - Heritage Commerce Corp ::HERITAGE COMMERCE CORP AND UNITED AMERICAN BANK AGREE TO MERGE.HERITAGE COMMERCE CORP - DEAL FOR APPROXIMATELY $44.2 MILLION.HERITAGE COMMERCE - HERITAGE WILL ISSUE ABOUT 2.8 MILLION OF ITS SHARES OF COMMON STOCK TO UNITED AMERICAN COMMON AND PREFERRED SHAREHOLDERS IN MERGER.HERITAGE COMMERCE CORP - OUTSTANDING SERIES A PREFERRED STOCK AND SERIES B PREFERRED STOCK WILL BE EXCHANGED FOR $9.1 MILLION IN CASH AT DEAL CLOSING.HERITAGE COMMERCE CORP - BOARD OF DIRECTORS OF HERITAGE AND UNITED AMERICAN HAVE APPROVED TRANSACTION.HERITAGE COMMERCE CORP - ONCE TRANSACTION COSTS HAVE BEEN ASSIMILATED IN FIRST HALF OF 2018, EXPECT MERGER TO BE ACCRETIVE TO EARNINGS.  Full Article

Heritage Commerce - Tri-Valley To Pay Termination Fee Of $1.5 Mln If Deal Is Terminated
Thursday, 21 Dec 2017 06:19am EST 

Dec 21 (Reuters) - Heritage Commerce Corp ::HERITAGE COMMERCE - TRI-VALLEY HAS AGREED TO PAY CO A TERMINATION FEE OF $1.5 MILLION IF DEAL IS TERMINATED UNDER CERTAIN CIRCUMSTANCES - SEC FILING.  Full Article

Heritage Commerce Corp reports Q3 earnings per share $0.22
Thursday, 26 Oct 2017 04:30pm EDT 

Oct 26 (Reuters) - Heritage Commerce Corp :Heritage Commerce Corp reports record earnings of $8.6 million for the third quarter of 2017; an increase of 27% over the third quarter of 2016.Q3 earnings per share $0.22.Q3 earnings per share view $0.21 -- Thomson Reuters I/B/E/S.Heritage Commerce Corp - qtrly ‍net interest income increased 14% to $26.3 million, compared to $23.0 million for q3 of 2016​.  Full Article

Heritage Commerce Corp reports Q2 earnings per share $0.19
Thursday, 27 Jul 2017 06:20pm EDT 

July 27 (Reuters) - Heritage Commerce Corp :Heritage Commerce Corp reports record earnings of $7.4 million for the second quarter 2017.Q2 earnings per share $0.19.Q2 earnings per share view $0.19 -- Thomson Reuters I/B/E/S.Heritage Commerce Corp - Net interest income increased 10% to $24.9 million for Q2 of 2017, compared to $22.7 million for Q2 of 2016.  Full Article

Heritage Commerce Corp prices $40 mln subordinated debt offering
Tuesday, 23 May 2017 05:39pm EDT 

May 23 (Reuters) - Heritage Commerce Corp :Heritage commerce corp announces the pricing of $40 million subordinated debt offering.Heritage commerce - priced underwritten public offering of $40 million aggregate principal amount of fixed-to-floating rate subordinated notes due june 1, 2027.Heritage commerce corp - notes will initially bear a fixed interest rate of 5.25% per year.Heritage commerce - commencing on june 1, 2022, interest rate on notes resets quarterly to three-month libor rate plus spread of 336.5 basis points.  Full Article

Heritage Commerce Q1 net interest income up 7 pct to $23.8 mln
Thursday, 27 Apr 2017 05:19pm EDT 

April 27 (Reuters) - Heritage Commerce Corp :Heritage Commerce Corp earns $6.5 million in first quarter 2017, a 7 percent increase from first quarter 2016.Q1 earnings per share $0.17.Heritage Commerce Corp - net interest income increased 7 percent to $23.8 million for Q1 of 2017.Q1 earnings per share view $0.18 -- Thomson Reuters I/B/E/S.  Full Article

Heritage Bank of Commerce provides $9 million facility to Vivex Inc
Wednesday, 5 Apr 2017 11:50am EDT 

Heritage Bank of Commerce:Heritage Bank of Commerce provides $9 million facility to Vivex, Inc..  Full Article

Heritage Commerce sets quarterly dividend of $0.10 per share
Thursday, 26 Jan 2017 07:03pm EST 

Heritage Commerce Corp - : Sets quarterly cash dividend of $0.10 per share . Sets quarterly cash dividend of $0.10 per share .Increases quarterly cash dividend 11 pct to $0.10 per share.  Full Article

Heritage Commerce reports Q4 earnings per share $0.19
Thursday, 26 Jan 2017 07:02pm EST 

Heritage Commerce Corp - : Heritage Commerce Corp earns $7.2 million in fourth quarter 2016, up 63% from fourth quarter 2015; achieves record net income of $27.4 million for full year 2016 . Q4 earnings per share $0.19 . Q4 earnings per share view $0.19 -- Thomson Reuters I/B/E/S .Qtrly net interest income increased 4% to $23.1 million for Q4 of 2016.  Full Article

BRIEF-Heritage Commerce Reports Q1 EPS Of $0.23

* Q1 EARNINGS PER SHARE VIEW $0.24 -- THOMSON REUTERS I/B/E/S