Q2 2024 Dividend Announcement

Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share

San Jose, CA — July 25, 2024 — Heritage Commerce Corp
(Nasdaq: HTBK), the holding company for Heritage
Bank of Commerce (the “Bank”), today announced that its Board of Directors had declared its
regular quarterly cash dividend of $0.13 per share to holders of its common stock.The dividend will be payable on August 22, 2024, to shareholders of record at
the close of business on August 8, 2024. Heritage Commerce Corp has paid a
cash dividend each quarter since 2013.

“The Board of Directors of Heritage Commerce Corp announced a $0.13 per share quarterly
cash dividend to holders of its common stock, as a result of another profitable quarter,”
said Mr. Clay Jones, President and Chief Executive Officer. “We thank our loyal shareholders
for their support and look forward to a successful second half of the year.”

About Heritage Commerce Corp

Heritage Commerce Corp, a bank holding company established in October 1997, is the parent
company of Heritage Bank of Commerce, which was established in 1994 and is headquartered
in San Jose, CA. The Bank has full-service branches in the following locations:

  • Danville
  • Fremont
  • Gilroy
  • Hollister
  • Livermore
  • Los Altos
  • Los Gatos
  • Morgan Hill
  • Oakland
  • Palo Alto
  • Pleasanton
  • Redwood City
  • San Francisco
  • San Jose
  • San Mateo
  • San Rafael
  • Walnut Creek

Heritage Bank of Commerce is an SBA Preferred Lender. Bay View Funding, a subsidiary of
Heritage Bank of Commerce, is based in San Jose, CA, and provides business-essential working
capital factoring financing to various industries throughout the United States. For more information,
please visit www.heritagecommercecorp.com.
The contents of our website are not incorporated into, and do not perform a part of, this release
or of our filings with the Securities and Exchange Commission.

Contact Information

For additional information, contact:Debbie Reuter
EVP, Corporate Secretary
Phone: (408) 494-4542
Email: Debbie.Reuter@herbank.com

 

 

 

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