Heritage Commerce (HTBK) Tax Rate (2017 - 2025)
Heritage Commerce has reported Tax Rate over the past 6 years, most recently at 28.52% for Q3 2025.
- On a quarterly basis, Tax Rate rose 125.0% to 28.52% in Q3 2025 year-over-year; TTM through Sep 2025 was 27.65%, a 63.0% increase, with the full-year FY2024 number at 27.65%, down 15.0% from a year prior.
- Tax Rate reached 28.52% in Q3 2025 per HTBK's latest filing, roughly flat from 28.46% in the prior quarter.
- The five-year high for Tax Rate was 30.28% in Q3 2022, with the low at 23.22% in Q4 2023.
- The 5-year median for Tax Rate is 28.82% (2021), against an average of 28.28%.
- Peak YoY movement for Tax Rate: skyrocketed 179bps in 2022, then plummeted -623bps in 2023.
- Tracing HTBK's Tax Rate over 5 years: stood at 27.67% in 2021, then rose by 6bps to 29.46% in 2022, then dropped by -21bps to 23.22% in 2023, then grew by 6bps to 24.68% in 2024, then grew by 16bps to 28.52% in 2025.
- According to Business Quant data, Tax Rate over the past three periods came in at 28.52%, 28.46%, and 28.79% for Q3 2025, Q2 2025, and Q1 2025 respectively.