Heritage Commerce (HTBK) Reports Q4 EPS of $0.12

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Go back to Heritage Commerce (HTBK) Reports Q4 EPS of $0.12

Heritage Commerce Corp Increases Quarterly Cash Dividend 12.5% to $0.09 per Share

January 28, 2016 8:09 PM EST

SAN JOSE, Calif., Jan. 28, 2016 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), today announced that its Board of Directors increased the quarterly cash dividend 12.5% to $0.09 per share to holders of common stock and Series C Preferred Stock (on an... More

Heritage Commerce Corp Earnings Increased 23% to $4.4 Million, or $0.12 per Diluted Share, for the Fourth Quarter of 2015, from the Fourth Quarter of 2014; Net Income for the Full Year 2015 Increased

January 28, 2016 8:07 PM EST

SAN JOSE, Calif., Jan. 28, 2016 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the Company) for Heritage Bank of Commerce (the Bank or HBC), today reported net income increased 23% to $4.4 million, or $0.12 per average diluted common share, for the fourth quarter of 2015, compared to $3.6 million, or $0.11 per average diluted common share for the fourth quarter of 2014, and increased 28% from $3.5 million, or $0.10 per average diluted common share for the third quarter of 2015.  

For the year ended December 31, 2015, net income increased 23% to $16.5 million, or $0.48 per average diluted common share, from $13.4 million, or $0.42... More