Heritage Commerce Corp Declares Quarterly Dividend of $0.13 (NASDAQ:HTBK)

Heritage Commerce Corp (NASDAQ:HTBK) announced a quarterly dividend on Thursday, January 22nd. Investors of record on Thursday, February 5th will be given a dividend of 0.13 per share by the financial services provider on Thursday, February 19th. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Thursday, February 5th.

Heritage Commerce has raised its dividend payment by an average of 0.0%per year over the last three years. Heritage Commerce has a payout ratio of 60.5% meaning its dividend is sufficiently covered by earnings. Analysts expect Heritage Commerce to earn $0.90 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 57.8%.

Heritage Commerce Trading Down 0.7%

Heritage Commerce stock opened at $13.37 on Friday. Heritage Commerce has a 12 month low of $8.09 and a 12 month high of $13.64. The company has a market capitalization of $819.31 million, a price-to-earnings ratio of 19.10 and a beta of 0.80. The business’s fifty day simple moving average is $11.88 and its two-hundred day simple moving average is $10.70. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.06.

Heritage Commerce (NASDAQ:HTBK) last announced its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $0.28 EPS for the quarter, beating the consensus estimate of $0.23 by $0.05. The company had revenue of $53.62 million for the quarter, compared to the consensus estimate of $50.78 million. Heritage Commerce had a net margin of 16.31% and a return on equity of 7.18%. As a group, equities analysts predict that Heritage Commerce will post 0.8 earnings per share for the current fiscal year.

Key Heritage Commerce News

Here are the key news stories impacting Heritage Commerce this week:

• Positive Sentiment: Q4 EPS beat — Heritage reported non?GAAP EPS of $0.28 vs. Street $0.23 and revenue of ~$53.6M above estimates, a core reason for the stock move. Heritage Commerce (HTBK) Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: Company highlights — adjusted Q4 earnings rose ~62% YoY, driven by balance-sheet growth, net interest margin expansion and positive operating leverage, signaling improving profitability. Heritage Commerce Corp Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Dividend declared — Board approved a $0.13 quarterly cash dividend (annualized yield ~3.9%); payable Feb 19, record date Feb 5 (ex-dividend Feb 5). The regular payout supports income-oriented investors. Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share
• Neutral Sentiment: Investor materials — Company posted a slide deck/earnings presentation with more detail on results and strategy (useful for assessing sustainability of NIM and loan growth). View Slide Deck
• Neutral Sentiment: Consensus and valuation — Analysts expect ~0.8 EPS for the year; shares trade at ~19x trailing EPS with a beta ~0.8, so upside will depend on sustained margin and loan growth. (No article link.)
• Negative Sentiment: Liquidity metrics — reported current and quick ratios around 0.75 could concern some investors focused on short-term liquidity despite low leverage (debt/equity ~0.06). (Background metric; no article link.)

Heritage Commerce Company Profile

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.