Heritage Commerce First Quarter 2025 Earnings: EPS Beats Expectations

Heritage Commerce (NASDAQ:HTBK) First Quarter 2025 Results

Key Financial Results

• Revenue: US$45.8m (up 9.1% from 1Q 2024).
• Net income: US$11.6m (up 14% from 1Q 2024).
• Profit margin: 25% (up from 24% in 1Q 2024). The increase in margin was driven by higher revenue.
• EPS: US$0.19 (up from US$0.17 in 1Q 2024).

We've discovered 1 warning sign about Heritage Commerce. View them for free.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Heritage Commerce EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%.

Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US.

Performance of the American Banks industry.

The company's shares are up 3.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Heritage Commerce you should know about.

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