Heritage Commerce (HTBK) Revenue & Revenue Breakdown
Heritage Commerce Revenue Highlights
Latest Revenue (Y)
$9.00K
Latest Revenue (Q)
$61.25M
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 |
|---|---|---|
| 2024-06-30 | $61.25M | 2.78% |
| 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 $61.25M in revenue during Q2 2024, up 2.78% compared to the previous quarter, and up 117.74% 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 | - |
| Gain On Disposition Of Foreclosed Assets | - | - | - | $791.00K |
| Service Charges And Fees On Deposit Accounts | - | - | - | $2.86M |
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 | 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 | $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 | - | - | - |
| Interchange Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $83.00K | $83.00K | $73.00K |
| Merchant Services Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $39.00K | $39.00K | $44.00K |
| Other Non Interest Income In Scope Of Topic606 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $179.00K | $152.00K | $148.00K |
| Earning Pe X Client D T S Willdan Group Inc C H E Review Documentation2018062920180729r Common Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $300.00K | - |
| Dividends On Preferred Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $973.00K | - |
Heritage Commerce's latest quarterly revenue breakdown by segment (product or service), as of Mar 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 | $49.13M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CBFV | CB Financial Services | $61.76M | $19.59M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| FCAP | First Capital | $51.24M | $14.24M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
| HTBK | Heritage Commerce | $9.00K | $61.25M |
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 Q2 2024 was $61.25M, a 2.78% increase from the previous quarter (Q1 2024), and a 26.64% increase year-over-year (Q2 2023). The company'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). HTBK's quarterly revenue for Q4 2023 was $60.81M, a 27.78% increase from the previous quarter (Q3 2023), and a 11.55% increase year-over-year (Q4 2022).
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.