Heritage Commerce (HTBK) Rent Expense (2010 - 2025)
Heritage Commerce's (HTBK) quarterly Rent Expense came in at $2.5 million in Q3 2025, down 2.73% year-on-year from $2.6 million in Q3 2024, and little changed quarter-over-quarter from $2.5 million in Q2 2025.
Heritage Commerce (HTBK) Rent Expense (2010 - 2025) Analysis & Trends
Heritage Commerce has disclosed Rent Expense across 16 years of filings, most recently posting $2.5 million for Q3 2025.
- Rent Expense for Q3 2025 came in at $2.5 million, down 2.73% year-over-year; the trailing twelve-month figure through Sep 2025 was $10.1 million (changed 0.16% YoY), and the FY2024 annual result was $10.2 million, up 7.76% from the prior year.
- Rent Expense came in at $2.5 million for Q3 2025 at Heritage Commerce, roughly flat from $2.5 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $2.7 million in Q2 2024 to a low of $2.2 million in Q3 2021.
- The 5-year median for Rent Expense is $2.4 million (2023), against an average of $2.4 million.
- Across the five-year window, Rent Expense climbed 28.33% in 2021 and fell 6.1% in 2025, its largest moves.
- Heritage Commerce's Rent Expense stood at $2.4 million in 2021, then grew by 6.09% to $2.5 million in 2022, then retreated by 5.7% to $2.4 million in 2023, then rose by 5.41% to $2.5 million in 2024, then rose by 1.32% to $2.5 million in 2025.
- The last three Rent Expense figures came in at $2.5 million (Q3 2025), $2.5 million (Q2 2025), and $2.5 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Heritage Commerce | 824.94 Mn | 77.20 Mn | - | 2.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 2.53 Mn |
| Sep 30, 2025 | 2.53 Mn |
| Jun 30, 2025 | 2.53 Mn |
| Jun 30, 2025 | 2.53 Mn |
| Mar 31, 2025 | 2.53 Mn |
| Mar 31, 2025 | 2.53 Mn |
| Dec 31, 2024 | 2.50 Mn |
| Dec 31, 2024 | 2.50 Mn |
| Sep 30, 2024 | 2.60 Mn |
| Sep 30, 2024 | 2.60 Mn |
| Jun 30, 2024 | 2.69 Mn |
| Jun 30, 2024 | 2.69 Mn |
| Mar 31, 2024 | 2.44 Mn |
| Mar 31, 2024 | 2.44 Mn |
| Dec 31, 2023 | 2.37 Mn |
| Dec 31, 2023 | 2.37 Mn |
| Sep 30, 2023 | 2.30 Mn |
| Sep 30, 2023 | 2.30 Mn |
| Jun 30, 2023 | 2.42 Mn |
| Jun 30, 2023 | 2.42 Mn |