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
DateValue
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