Heritage Commerce (HTBK) Expected to Announce Earnings on Thursday

Heritage Commerce (NASDAQ:HTBK) is anticipated to release its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect Heritage Commerce to post earnings of $0.2420 per share and revenue of $52.4330 million for the quarter. Interested persons may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Friday, May 1, 2026 at 4:00 PM ET.

Heritage Commerce (NASDAQ:HTBK) last released its earnings results on Thursday, January 22nd. The financial services provider reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.05. The firm had revenue of $104.04 million during the quarter, compared to the consensus estimate of $50.78 million. Heritage Commerce had a return on equity of 8.07% and a net margin of 17.77%. 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

HTBK opened at $13.45 on Wednesday. The company has a market capitalization of $828.43 million, a price-to-earnings ratio of 17.24 and a beta of 0.69. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.74 and a quick ratio of 0.74. Heritage Commerce has a 1-year low of $8.56 and a 1-year high of $13.82. The business has a 50 day moving average price of $12.77 and a two-hundred day moving average price of $11.96.

Heritage Commerce Announces Dividend

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

Analyst Ratings Changes

A number of research firms have weighed in on HTBK. DA Davidson restated a “neutral” rating and issued a $14.50 target price on shares of Heritage Commerce in a research report on Wednesday, February 4th. Stephens restated an “equal weight” rating on shares of Heritage Commerce in a research report on Monday, January 5th. Weiss Ratings upgraded Heritage Commerce from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 9th. Raymond James Financial downgraded Heritage Commerce from an “outperform” rating to a “market perform” rating in a research report on Wednesday, January 7th. Finally, Zacks Research downgraded Heritage Commerce from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 9th. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $12.25.

Institutional Investors Weigh In On Heritage Commerce

A number of institutional investors and hedge funds have recently modified their holdings of HTBK. First Trust Capital Management L.P. acquired a new stake in shares of Heritage Commerce during the 4th quarter valued at $18,616,000. Balyasny Asset Management L.P. acquired a new stake in shares of Heritage Commerce during the 4th quarter valued at $15,627,000. Boston Partners lifted its position in shares of Heritage Commerce by 52.1% during the 3rd quarter. Boston Partners now owns 1,676,777 shares of the financial services provider’s stock valued at $16,636,000 after acquiring an additional 574,070 shares during the last quarter. SummitTX Capital L.P. acquired a new stake in shares of Heritage Commerce during the 4th quarter valued at $6,056,000. Finally, Goldman Sachs Group Inc. lifted its position in shares of Heritage Commerce by 44.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,538,801 shares of the financial services provider’s stock valued at $18,481,000 after acquiring an additional 473,132 shares during the last quarter. Institutional investors and hedge funds own 75.55% of the company’s stock.

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.