Heritage Commerce Corp Reports First Quarter 2025 Financial Results
SAN JOSE, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ:HTBK), (the "Company"), the holding company for Heritage Bank of Commerce (the "Bank") today announced its financial results for the first quarter of 2025. All data are unaudited. QUARTERLY HIGHLIGHTS: Net IncomeEarnings Per SharePre-Provision Net Revenue ("PPNR")(1)Fully Tax Equivalent ("FTE") Net Interest Margin(1)Efficiency Ratio(1)Tangible Book Value Per Share(1) $11.6 million$0.19 $16.6 million3.39%63.96%$8.48 CEO COMMENTARY:"We delivered a solid quarter of performance with a 9% increase in our level of profitability from the prior quarter," said Clay Jones, President and Chief Executive
