Heritage Commerce (HTBK) Operating Expenses (2010 - 2025)
Heritage Commerce's (HTBK) quarterly Operating Expenses came in at $29.0 million in Q3 2025, up 5.34% year-on-year from $27.6 million in Q3 2024, and down 24.28% quarter-over-quarter from $38.3 million in Q2 2025.
Heritage Commerce (HTBK) Operating Expenses (2010 - 2025) Analysis & Trends
Heritage Commerce has disclosed Operating Expenses across 16 years of filings, most recently posting $29.0 million for Q3 2025.
- Operating Expenses for Q3 2025 came in at $29.0 million, up 5.34% year-over-year; the trailing twelve-month figure through Sep 2025 was $127.1 million (up 16.87% YoY), and the FY2024 annual result was $113.6 million, up 12.4% from the prior year.
- Operating Expenses came in at $29.0 million for Q3 2025 at Heritage Commerce, down from $38.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $38.3 million in Q2 2025 to a low of $21.8 million in Q3 2021.
- The 5-year median for Operating Expenses is $25.4 million (2023), against an average of $26.3 million.
- Across the five-year window, Operating Expenses retreated 10.03% in 2022 and soared 36.0% in 2025, its largest moves.
- Heritage Commerce's Operating Expenses stood at $22.2 million in 2021, then increased by 10.31% to $24.5 million in 2022, then gained by 3.97% to $25.5 million in 2023, then grew by 18.88% to $30.3 million in 2024, then declined by 4.22% to $29.0 million in 2025.
- The last three Operating Expenses figures came in at $29.0 million (Q3 2025), $38.3 million (Q2 2025), and $29.5 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | Heritage Commerce | 824.94 Mn | 77.20 Mn | - | 29.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 29.03 Mn |
| Jun 30, 2025 | 38.34 Mn |
| Mar 31, 2025 | 29.46 Mn |
| Dec 31, 2024 | 30.30 Mn |
| Sep 30, 2024 | 27.56 Mn |
| Jun 30, 2024 | 28.19 Mn |
| Mar 31, 2024 | 27.54 Mn |
| Dec 31, 2023 | 25.49 Mn |
| Sep 30, 2023 | 25.17 Mn |
| Jun 30, 2023 | 24.99 Mn |
| Mar 31, 2023 | 25.40 Mn |
| Dec 31, 2022 | 24.52 Mn |
| Sep 30, 2022 | 23.90 Mn |
| Jun 30, 2022 | 23.19 Mn |
| Mar 31, 2022 | 23.25 Mn |
| Dec 31, 2021 | 22.23 Mn |
| Sep 30, 2021 | 21.83 Mn |
| Jun 30, 2021 | 25.78 Mn |
| Mar 31, 2021 | 23.24 Mn |
| Dec 31, 2020 | 21.56 Mn |