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Heritage Commerce posts 1Q profit

SAN JOSE, Calif. (AP) _ Heritage Commerce Corp. (HTBK) on Thursday reported first-quarter net income of $6.5 million.

The San Jose, California-based bank said it had earnings of 17 cents per share.

The holding company for Heritage Bank of Commerce posted revenue of $27 million in the period. Its adjusted revenue was $26.1 million.

Heritage Commerce shares have climbed nearly 1 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.55, a climb of 37 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HTBK at https://www.zacks.com/ap/HTBK


Keywords: Heritage Commerce, Earnings Report