Short answer
HERITAGE COMMERCE CORP (HTBK) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $898,000 (down 1.1% year over year) with net income of $15M.
Q3 2025 key financials · XBRL
- Revenue
- $898,000
- −1.1% YoY · −3.3% QoQ
- Net income
- $15M
- +39.9% YoY · +130.1% QoQ
- EPS (diluted)
- $0.24
- +41.2% YoY · +140.0% QoQ
Source: XBRL data from the HERITAGE COMMERCE CORP (HTBK) Q3 2025 10-Q on SEC EDGAR. USD.
HERITAGE COMMERCE CORP Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $50.0M, up 19% YoY from $42.2M
- Net interest margin 3.60% vs 3.15% YoY
- Net income $14.7M vs $10.5M; effective tax rate 28.6% vs 27.3%
- Loan portfolio yield 5.65% vs 5.42%; deposits largest growth at $4.8B, up 1% YoY
- Liquidity and available-for-borrowing capacity $3.3B; securities held-to-maturity declined to $544.8M
Risk Factors
- Share-repurchase authorization increased from $15 million to $30 million on October 23, 2025
- Repurchase-program term extended through October 31, 2026
- $25.951 million remaining authorization after 439,187 shares repurchased at $9.22 average
- Board succession risk changed when Chair Emeritus Jack Conner delayed retirement beyond October 2025
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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