SAN JOSE, Calif., Jan. 23, 2025 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: NASDAQ:), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.13 per share to holders of its common stock. The dividend will be paid on February 20, 2025, to shareholders of record at the close of business on February 6, 2025. Heritage Commerce Corp has paid a cash dividend every quarter since 2013.

We continue to provide our shareholders with a consistent cash dividend, while executing our strategic plan, said Clay Jones, President and Chief Executive Officer.

Heritage Commerce Corpa bank holding company founded in October 1997, is the parent company of Heritage Bank of Commerce, founded in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Gilroy, Hollister , Livermore, Los Altos, Los Gatos, Morgan Hill, Oakland, Palo Alto, Pleasanton, Redwood (NYSE:) City, San Francisco, San Jose, San Mateo, San Rafael, and Walnut Creek. Heritage Bank of Commerce is an SBA (LON:) Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank of Commerce, is based in San Jose, CA and provides business-essential working capital factoring financing to various industries throughout the United States. For more information, please visit www.heritagecommercecorp.com. The contents of our website are not included in, and are not a part of, this release or our filings with the Securities and Exchange Commission.

Member of the FDIC

For more information, contact:
Debbie Reuter
EVP, Corporate Secretary
Direct: (408) 494-4542
[email protected]

Source: Heritage Commerce Corp