Heritage Commerce (HTBK) Expected to Announce Quarterly Earnings on Thursday

Heritage Commerce (NASDAQ:HTBK) is anticipated to issue its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect the company to announce earnings of $0.2420 per share and revenue of $52.4330 million for the quarter. Investors can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Friday, May 1, 2026 at 4:00 PM ET.

Heritage Commerce (NASDAQ:HTBK) last issued its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.05. The company had revenue of $104.04 million for the quarter, compared to analyst estimates of $50.78 million. Heritage Commerce had a net margin of 17.77% and a return on equity of 8.07%. On average, analysts expect Heritage Commerce to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Heritage Commerce Stock Performance

Shares of HTBK stock opened at $13.50 on Tuesday. The company’s 50 day moving average is $12.77 and its 200 day moving average is $11.93. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.06. Heritage Commerce has a 52-week low of $8.56 and a 52-week high of $13.82. The firm has a market cap of $831.71 million, a price-to-earnings ratio of 17.31 and a beta of 0.69.

Heritage Commerce Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 25th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Wednesday, March 25th. Heritage Commerce’s payout ratio is currently 66.67%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Heritage Commerce by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,402 shares of the financial services provider’s stock valued at $337,000 after acquiring an additional 1,482 shares in the last quarter. Empowered Funds LLC grew its stake in Heritage Commerce by 8.5% during the 1st quarter. Empowered Funds LLC now owns 171,866 shares of the financial services provider’s stock valued at $1,636,000 after acquiring an additional 13,519 shares in the last quarter. Jane Street Group LLC grew its stake in Heritage Commerce by 158.2% during the 1st quarter. Jane Street Group LLC now owns 144,919 shares of the financial services provider’s stock valued at $1,380,000 after acquiring an additional 88,801 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in Heritage Commerce during the 1st quarter valued at about $316,000. Finally, Rhumbline Advisers grew its stake in Heritage Commerce by 19.9% during the 2nd quarter. Rhumbline Advisers now owns 109,442 shares of the financial services provider’s stock valued at $1,087,000 after acquiring an additional 18,150 shares in the last quarter. Hedge funds and other institutional investors own 75.55% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on HTBK shares. Zacks Research downgraded shares of Heritage Commerce from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 9th. Weiss Ratings upgraded shares of Heritage Commerce from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 9th. Raymond James Financial downgraded shares of Heritage Commerce from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 7th. DA Davidson reiterated a “neutral” rating and set a $14.50 price objective on shares of Heritage Commerce in a research note on Wednesday, February 4th. Finally, Janney Montgomery Scott downgraded shares of Heritage Commerce from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $12.00 to $14.00 in a research note on Monday, December 22nd. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Heritage Commerce currently has an average rating of “Hold” and a consensus target price of $12.25.

About Heritage Commerce

Heritage Commerce Corporation, headquartered in Farmington Hills, Michigan, is the bank holding company for Heritage Bank, N.A., a community-oriented financial institution. Traded on NASDAQ under the symbol HTBK, the company focuses on delivering tailored banking services to businesses, professionals and individuals throughout Southeastern Michigan.

Heritage Bank, N.A. offers a comprehensive portfolio of deposit and lending products designed to meet the needs of commercial and consumer clients.