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Heritage Commerce ( (HTBK) ) has provided an announcement.
On August 18, 2025, Heritage Commerce Corp announced the appointment of Christopher J. Abate to its Board of Directors, expanding the board from eight to nine members. Mr. Abate, a seasoned executive with over 20 years of experience in the financial services industry, is expected to bring valuable expertise in real estate and finance to the company. His appointment is seen as a strategic move to enhance the board’s capabilities and support the company’s growth plans.
The most recent analyst rating on (HTBK) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Heritage Commerce stock, see the HTBK Stock Forecast page.
Spark’s Take on HTBK Stock
According to Spark, TipRanks’ AI Analyst, HTBK is a Outperform.
Heritage Commerce’s strong financial performance and attractive valuation are the primary drivers of its score. Technical indicators suggest stability but highlight potential bearish momentum. The positive corporate event supports future growth prospects.
To see Spark’s full report on HTBK stock, click here.
More about Heritage Commerce
Heritage Commerce Corp, established in 1997, is the parent company of Heritage Bank of Commerce, which was founded in 1994 and is headquartered in San Jose, CA. The bank operates full-service branches across various locations in California and is an SBA Preferred Lender. Its subsidiary, Bay View Funding, provides working capital factoring financing across the United States.
Average Trading Volume: 518,508
Technical Sentiment Signal: Strong Buy
Current Market Cap: $595.4M
For a thorough assessment of HTBK stock, go to TipRanks’ Stock Analysis page.