Heritage Commerce (HTBK) Tax Rate: 2009-2024

Historic Tax Rate for Heritage Commerce (HTBK) over the last 13 years, with Dec 2024 value amounting to 28.49%.

  • Heritage Commerce's Tax Rate rose 125.00% to 28.52% in Q3 2025 from the same period last year, while for Sep 2025 it was 28.44%, marking a year-over-year increase of 2.00%. This contributed to the annual value of 28.49% for FY2024, which is 24.00% down from last year.
  • Heritage Commerce's Tax Rate amounted to 28.49% in FY2024, which was down 0.83% from 28.73% recorded in FY2023.
  • In the past 5 years, Heritage Commerce's Tax Rate ranged from a high of 31.50% in FY2020 and a low of 27.62% during FY2021.
  • Moreover, its 3-year median value for Tax Rate was 28.73% (2023), whereas its average is 28.90%.
  • Its Tax Rate has fluctuated over the past 5 years, first tumbled by 388bps in 2021, then spiked by 185bps in 2022.
  • Heritage Commerce's Tax Rate (Yearly) stood at 31.50% in 2020, then tumbled by 388bps to 27.62% in 2021, then surged by 185bps to 29.47% in 2022, then crashed by 74bps to 28.73% in 2023, then dropped by 24bps to 28.49% in 2024.