HTBK News and Press, Heritage Commerce Corp From 07/09/22

The net interest margin is highly sensitive to interest rate changes. Moreover, the excess cash presents an opportunity to improve the asset mix, thereby further expanding the margin. Strength in California’s labor market bodes well for loan growth. Provisioning for expecte...

SAN JOSE, Calif., June 08, 2022 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), today announced that its subsidiary, Heritage Bank of Commerce, was rated a “Super Premier Performing Bank” by The Findley Reports. This top designation is based on 2021 year-end fin...

In May, we (my wife and I) received a dividend income total of $1,209.48. Very thankful to continue to cross the 4-digit threshold consistently. Telecommunications has really carried the load here with Verizon (VZ) and, a name we haven’t said in a while, AT&T (T). Combined,...

SAN JOSE, Calif., May 11, 2022 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) the holding company (the “Company”), for Heritage Bank of Commerce, announced today the completion of its private placement offering of $40 million of the Company’s 5.0% Fixed-To-Fl...

High inflation followed by high interest rates will benefit banks’ interest income, positioning them for outperformance against other sectors in the present macroeconomic context. Among banks, HTBK will do especially well as it ranks very high in terms of its share of interest ...

SAN JOSE, Calif., April 13, 2022 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK) , the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), announced the retirement of Executive Vice President, Michael Benito, effective June 1...

SAN JOSE, Calif., March 15, 2022 (GLOBE NEWSWIRE) -- Bay View Funding , a subsidiary of Heritage Bank of Commerce, (“the Bank”), announces the appointment of Norman Brame as Senior Vice President, Regional Sales Manager. He will focus on originating ...

SAN JOSE, Calif., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Bay View Funding , a subsidiary of Heritage Bank of Commerce, the Bank, and Heritage Commerce Corp (Nasdaq: HTBK), the holding company , today announced the appointment of Aaron Zahedani as Executive Vice President, Credit & Po...

Gainers: AMREP (NYSE:AXR) +10%. CF Acquisition (NASDAQ:CFVI) +8%. FS Development (NASDAQ:FSII) +6%. Sterling Bancorp (NASDAQ:SBT) +6%. Heritage Commerce (NASDAQ:HTBK) +6%. Losers: Qudian (NYSE:QD) -13%. Hudson Capital (NASDAQ:HUSN) -12%. UWM Holdings (NYSE:UWMC) -10%. Jianpu Technology (NYSE:...

SAN JOSE, Calif., Dec. 13, 2021 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK) , the holding company (the “Company”) of Heritage Bank of Commerce (the “Bank”), today announced that the Board of Directors of the Company and the Bank approved the app...