Heritage Commerce (HTBK) Rent Expense (2010 - 2025)

Heritage Commerce recorded quarterly Rent Expense of $2.5 million in Q3 2025, little changed quarter-over-quarter from $2.5 million in Q2 2025, and down 2.73% year-over-year from $2.6 million in Q3 2024.

Heritage Commerce's Rent Expense history runs 16 years deep, the most recent figure standing at $2.5 million for Q3 2025.

  • In Q3 2025, Rent Expense fell 2.73% year-over-year to $2.5 million; the TTM figure through Sep 2025 stood at $10.1 million (changed 0.16% YoY), while the FY2024 annual figure 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.
  • A 5-year average of $2.4 million and a median of $2.4 million in 2023 frame the typical range for Rent Expense.
  • Across the five-year window, Rent Expense grew 28.33% in 2021 and retreated 6.1% in 2025, its largest moves.
  • Heritage Commerce's Rent Expense stood at $2.4 million in 2021, then increased by 6.09% to $2.5 million in 2022, then decreased by 5.7% to $2.4 million in 2023, then gained by 5.41% to $2.5 million in 2024, then gained by 1.32% to $2.5 million in 2025.
  • According to Business Quant data, Rent Expense over the past three periods registered $2.5 million, $2.5 million, and $2.5 million for Q3 2025, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 634,000.00
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 1.45 Mn
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
8 KB Financial 150.02 Bn 142.15 Bn - -
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 262.00 Mn
10 Heritage Commerce 824.94 Mn 77.20 Mn - 2.53 Mn

Historic Data

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DateValue
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
Mar 31, 2023 2.40 Mn
Mar 31, 2023 2.40 Mn
Dec 31, 2022 2.51 Mn
Dec 31, 2022 2.51 Mn
Sep 30, 2022 2.42 Mn
Sep 30, 2022 2.42 Mn
Jun 30, 2022 2.28 Mn
Jun 30, 2022 2.28 Mn
Mar 31, 2022 2.44 Mn
Mar 31, 2022 2.44 Mn
Dec 31, 2021 2.37 Mn
Dec 31, 2021 2.37 Mn
Sep 30, 2021 2.15 Mn
Sep 30, 2021 2.15 Mn
Jun 30, 2021 2.25 Mn
Jun 30, 2021 2.25 Mn
Mar 31, 2021 2.27 Mn
Mar 31, 2021 2.27 Mn
Dec 31, 2020 2.20 Mn
Dec 31, 2020 2.20 Mn
Sep 30, 2020 2.28 Mn
Sep 30, 2020 2.28 Mn
Jun 30, 2020 1.77 Mn
Jun 30, 2020 1.77 Mn
Mar 31, 2020 1.77 Mn
Mar 31, 2020 1.77 Mn
Dec 31, 2019 2.01 Mn
Dec 31, 2019 2.01 Mn
Sep 30, 2019 1.55 Mn
Sep 30, 2019 1.55 Mn
Jun 30, 2019 1.58 Mn
Jun 30, 2019 1.58 Mn
Mar 31, 2019 1.51 Mn
Mar 31, 2019 1.51 Mn
Dec 31, 2018 1.48 Mn
Dec 31, 2018 1.48 Mn
Sep 30, 2018 1.56 Mn
Sep 30, 2018 1.56 Mn
Jun 30, 2018 1.26 Mn
Jun 30, 2018 1.26 Mn
Mar 31, 2018 1.11 Mn
Mar 31, 2018 1.11 Mn
Dec 31, 2017 1.15 Mn
Dec 31, 2017 1.15 Mn
Sep 30, 2017 1.14 Mn
Sep 30, 2017 1.14 Mn
Jun 30, 2017 1.22 Mn
Jun 30, 2017 1.22 Mn
Mar 31, 2017 1.07 Mn
Mar 31, 2017 1.07 Mn
Dec 31, 2016 1.10 Mn
Dec 31, 2016 1.10 Mn
Sep 30, 2016 1.12 Mn
Sep 30, 2016 1.12 Mn
Jun 30, 2016 1.08 Mn
Jun 30, 2016 1.08 Mn
Mar 31, 2016 1.09 Mn
Mar 31, 2016 1.09 Mn
Dec 31, 2015 1.17 Mn
Dec 31, 2015 1.17 Mn
Sep 30, 2015 1.06 Mn
Sep 30, 2015 1.06 Mn
Jun 30, 2015 1.05 Mn
Jun 30, 2015 1.05 Mn
Mar 31, 2015 1.05 Mn
Mar 31, 2015 1.05 Mn
Dec 31, 2014 1.07 Mn
Dec 31, 2014 1.07 Mn
Sep 30, 2014 1.06 Mn
Sep 30, 2014 1.06 Mn
Jun 30, 2014 987,000.00
Jun 30, 2014 987,000.00
Mar 31, 2014 945,000.00
Mar 31, 2014 945,000.00
Dec 31, 2013 961,000.00
Dec 31, 2013 961,000.00
Sep 30, 2013 986,000.00
Sep 30, 2013 986,000.00
Jun 30, 2013 1.03 Mn
Jun 30, 2013 1.03 Mn
Mar 31, 2013 1.07 Mn
Mar 31, 2013 1.07 Mn
Dec 31, 2012 993,000.00
Dec 31, 2012 993,000.00
Sep 30, 2012 1.04 Mn
Sep 30, 2012 1.04 Mn
Jun 30, 2012 967,000.00
Jun 30, 2012 967,000.00
Mar 31, 2012 996,000.00
Mar 31, 2012 996,000.00
Dec 31, 2011 1.00 Mn
Dec 31, 2011 1.00 Mn
Sep 30, 2011 1.01 Mn
Sep 30, 2011 1.01 Mn
Jun 30, 2011 1.03 Mn
Jun 30, 2011 1.03 Mn
Mar 31, 2011 1.04 Mn
Mar 31, 2011 1.04 Mn
Dec 31, 2010 1.06 Mn
Dec 31, 2010 1.06 Mn
Sep 30, 2010 1.08 Mn
Sep 30, 2010 1.08 Mn
Jun 30, 2010 983,000.00
Jun 30, 2010 983,000.00