Heritage Commerce (HTBK) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart

Heritage Commerce Revenue Highlights

Latest Revenue (Y)

$9.00K

Latest Revenue (Q)

$2.24K

Main Segment (Y)

Service charges and fees on deposit accounts

Heritage Commerce Revenue by Period

Heritage Commerce Revenue by Year

Date	Revenue	Change
2023-12-31	$9.00K	-100.00%
2022-12-31	$189.99M	21.94%
2021-12-31	$155.81M	2.64%
2020-12-31	$151.81M	6.87%
2019-12-31	$142.06M	7.95%
2018-12-31	$131.60M	18.41%
2017-12-31	$111.14M	8.06%
2016-12-31	$102.84M	20.56%
2015-12-31	$85.31M	31.55%
2014-12-31	$64.85M	12.98%
2013-12-31	$57.40M	0.27%
2012-12-31	$57.24M	4.88%
2011-12-31	$54.58M	2.38%
2010-12-31	$53.31M	-1.27%
2009-12-31	$53.99M	-7.39%
2008-12-31	$58.30M	-2.42%
2007-12-31	$59.75M	-0.86%
2006-12-31	$60.27M	5.24%
2005-12-31	$57.27M	8.05%
2004-12-31	$53.00M	9.23%
2003-12-31	$48.52M	4.24%
2002-12-31	$46.55M	-0.82%
2001-12-31	$46.94M	2.71%
2000-12-31	$45.70M	77.81%
1999-12-31	$25.70M	24.15%
1998-12-31	$20.70M	1154.55%
1997-12-31	$1.65M	-

Heritage Commerce generated $9.00K in revenue during NA 2023, up -100.00% compared to the previous quarter, and up 0.01% compared to the same period a year ago.

Heritage Commerce Revenue by Quarter

Date	Revenue	Change
2024-09-30	$2.24K	-100.00%
2024-06-30	$61.35M	2.94%
2024-03-31	$59.60M	-1.99%
2023-12-31	$60.81M	27.78%
2023-09-30	$47.59M	-1.61%
2023-06-30	$48.37M	-7.03%
2023-03-31	$52.02M	-4.56%
2022-12-31	$54.51M	7.26%
2022-09-30	$50.82M	9489.06%
2022-06-30	$530.00K	-98.70%
2022-03-31	$40.68M	-0.58%
2021-12-31	$40.92M	0.81%
2021-09-30	$40.59M	9.57%
2021-06-30	$37.05M	-0.57%
2021-03-31	$37.26M	2.75%
2020-12-31	$36.26M	-1.36%
2020-09-30	$36.76M	-0.70%
2020-06-30	$37.02M	-11.38%
2020-03-31	$41.77M	0.36%
2019-12-31	$41.62M	25.21%
2019-09-30	$33.24M	-1.30%
2019-06-30	$33.68M	0.51%
2019-03-31	$33.51M	-5.48%
2018-12-31	$35.45M	2.30%
2018-09-30	$34.66M	5.20%
2018-06-30	$32.94M	15.42%
2018-03-31	$28.54M	-1.60%
2017-12-31	$29.01M	0.79%
2017-09-30	$28.78M	5.71%
2017-06-30	$27.23M	4.23%
2017-03-31	$26.12M	-0.16%
2016-12-31	$26.16M	3.17%
2016-09-30	$25.36M	-3.95%
2016-06-30	$26.40M	5.96%
2016-03-31	$24.92M	0.86%
2015-12-31	$24.71M	15.02%
2015-09-30	$21.48M	9.89%
2015-06-30	$19.55M	5.39%
2015-03-31	$18.55M	4.89%
2014-12-31	$17.68M	12.72%
2014-09-30	$15.69M	0.89%
2014-06-30	$15.55M	2.51%
2014-03-31	$15.17M	2.66%
2013-12-31	$14.78M	2.62%
2013-09-30	$14.40M	3.67%
2013-06-30	$13.89M	1.74%
2013-03-31	$13.65M	-4.63%
2012-12-31	$14.31M	-3.09%
2012-09-30	$14.77M	4.22%
2012-06-30	$14.17M	1.37%
2012-03-31	$13.98M	-1.61%
2011-12-31	$14.21M	4.40%
2011-09-30	$13.61M	-0.22%
2011-06-30	$13.64M	4.03%
2011-03-31	$13.11M	-2.07%
2010-12-31	$13.39M	-1.25%
2010-09-30	$13.56M	1.90%
2010-06-30	$13.31M	1.94%
2010-03-31	$13.05M	-6.48%
2009-12-31	$13.96M	-0.11%
2009-09-30	$13.97M	5.14%
2009-06-30	$13.29M	4.03%
2009-03-31	$12.78M	-9.98%
2008-12-31	$14.19M	-3.68%
2008-09-30	$14.73M	-0.18%
2008-06-30	$14.76M	0.97%
2008-03-31	$14.62M	-5.27%
2007-12-31	$15.43M	-

Heritage Commerce generated $2.24K in revenue during Q3 2024, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Heritage Commerce Revenue Breakdown

Heritage Commerce Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20
Service charges and fees on deposit accounts	$4.34M	$4.64M	$2.49M	-
Service Charges And Fees On Deposit Accounts	-	-	-	$2.86M
Gain On Disposition Of Foreclosed Assets	-	-	-	$791.00K

Heritage Commerce's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service charges and fees on deposit accounts (100.00%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Sep 18	Jun 18	Mar 18
Service charges and fees on deposit accounts	$908.00K	$877.00K	$1.70M	$901.00K	$1.74M	$1.80M	$1.36M	$867.00K	$612.00K	$644.00K	-	-	-	-	-	-	-	-	-	-
Service Charges And Fees On Deposit Accounts	-	-	-	-	-	-	-	-	-	-	$584.00K	$659.00K	$601.00K	$608.00K	$632.00K	$650.00K	$969.00K	$551.00K	$495.00K	$478.00K
Gain On Disposition Of Foreclosed Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$791.00K	-	-	-
Other Non Interest Income In Scope Of Topic606	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$179.00K	$152.00K	$148.00K
Interchange Revenues	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$83.00K	$83.00K	$73.00K
Merchant Services Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$39.00K	$39.00K	$44.00K
Dividends On Preferred Stock	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$973.00K	-
Earning Pe X Client D T S Willdan Group Inc C H E Review Documentation2018062920180729r Common Share	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$300.00K	-

Heritage Commerce's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Service charges and fees on deposit accounts (100.00%).

Heritage Commerce Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CIVB	Civista Bancshares	$219.90M	$61.14M
HBCP	Home Bancorp	$178.87M	$51.02M
FNWB	First Northwest Bancorp	$104.92M	$28.21M
FFNW	First Financial Northwest	$80.93M	$20.09M
CBFV	CB Financial Services	$61.76M	$20.87M
CWBC	Community West Bancshares	$61.39M	$27.26M
FCAP	First Capital	$51.24M	$15.02M
HMNF	HMN Financial	$43.48M	$14.79M
HFBL	Home Federal Bancorp, Inc. of Louisiana	$33.45M	$8.04M
HVBC	HV Bancorp	$25.74M	$6.58M
OFED	Oconee Federal Financial	$16.61M	$3.21M
HTBK	Heritage Commerce	$9.00K	$2.24K

HTBK Revenue FAQ

What is Heritage Commerce’s yearly revenue?

Heritage Commerce's yearly revenue for 2023 was $9K, representing a decrease of -100.00% compared to 2022. The company's yearly revenue for 2022 was $189.99M, representing an increase of 21.94% compared to 2021. HTBK's yearly revenue for 2021 was $155.81M, representing an increase of 2.64% compared to 2020.

What is Heritage Commerce’s quarterly revenue?

Heritage Commerce's quarterly revenue for Q3 2024 was $2.24K, a -100.00% decrease from the previous quarter (Q2 2024), and a -100.00% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $61.35M, a 2.94% increase from the previous quarter (Q1 2024), and a 26.85% increase year-over-year (Q2 2023). HTBK's quarterly revenue for Q1 2024 was $59.6M, a -1.99% decrease from the previous quarter (Q4 2023), and a 14.56% increase year-over-year (Q1 2023).

What is Heritage Commerce’s revenue growth rate?

Heritage Commerce's revenue growth rate for the last 3 years (2021-2023) was -99.99%, and for the last 5 years (2019-2023) was -99.99%.

What are Heritage Commerce’s revenue streams?

Heritage Commerce's revenue streams in c 23 are Service charges and fees on deposit accounts

What is Heritage Commerce’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Heritage Commerce was Service charges and fees on deposit accounts. This segment made a revenue of $4.34M, representing 100.00% of the company's total revenue.