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Heritage Bank of Commerce Named One of Forbes' 2026 Best Banks in America

MWN-AI** Summary

Heritage Bank of Commerce has been honored in Forbes' 2026 annual list of America's Best Banks, underscoring the institution's commitment to excellence and robust performance in the financial sector. This recognition highlights Heritage Bank's stature as the top bank in credit quality, distinguished by the low percentage of assets deemed nonperforming. The Forbes ranking evaluates the top 100 banks across the United States, analyzing metrics such as credit quality, profitability, and stock performance among the 200 largest publicly traded banks and thrifts.

Clay Jones, President of Heritage Commerce Corp (NASDAQ: HTBK), expressed pride in the accolade, emphasizing the bank's dedication to exceptional client service and its role in fostering community prosperity. The recognition is a continuation of Heritage Bank’s legacy, as it previously ranked in Forbes' World’s Best Banks list in 2024, placing 10th among 68 U.S. banks based on consumer feedback regarding trust, customer service, and financial guidance.

Established in 1994 and headquartered in San Jose, California, Heritage Bank operates a robust network of full-service branches across multiple cities, reinforcing its presence and accessibility. The bank is also recognized as an SBA Preferred Lender and is committed to providing essential financial services, including business capital through its subsidiary, Bay View Funding. Heritage Bank's consistent recognition as a leader in financial strength and community contributions epitomizes its mission of supporting client success and nurturing the communities it serves.

This accolade from Forbes not only highlights Heritage Bank’s impressive financial health but also underscores its pivotal role in the local economy, reflecting its dedication to the long-term success of its clients and the community at large.

MWN-AI** Analysis

Heritage Commerce Corp (NASDAQ: HTBK) recently earned recognition as one of Forbes' 2026 Best Banks in America, bolstering its reputation within the financial services sector. Notably, the bank achieved the top ranking in credit quality, indicating its strong management of nonperforming assets. This accolade not only highlights effective risk management but also positions HTBK as a reliable investment option amid uncertainty in the broader banking landscape.

When analyzing Heritage Commerce Corp as a potential investment, several factors should be considered. Firstly, its proven track record in maintaining high-quality credit reflects robust financial health, which is crucial in an environment where interest rates and economic conditions fluctuate. Moreover, the bank’s status as an SBA Preferred Lender underscores its commitment to supporting small businesses, a segment that can drive future growth as economic conditions improve post-pandemic.

Additionally, Heritage Bank’s recognition in Forbes' World’s Best Banks in 2024 affirms its focus on customer satisfaction—key indicators of long-term client retention and growth. Positive consumer sentiment can lead to increased deposits and loan growth, directly impacting profitability.

Market analysts should also assess Heritage Bank's geographical footprint across California, especially in tech-driven regions such as Silicon Valley. The potential for growth is substantial as these areas continue to expand and evolve.

Furthermore, prospective investors should consider HTBK's dividend yields, price-to-earnings ratio, and overall stock performance relative to its peers. Given current market dynamics and the bank’s strong fundamentals, HTBK presents a compelling case for those seeking stability and expansion potential in the financial sector.

Overall, Heritage Commerce Corp stands out as a strong contender for investment due to its dedication to quality, operational excellence, and community engagement. Investors would be wise to monitor this institution closely as it continues to navigate and thrive in a changing financial landscape.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

SAN JOSE, Calif., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK), the holding company for Heritage Bank of Commerce (the “Bank”), announced that the Bank has been recognized by Forbes in the publication’s seventeenth annual America’s Best Banks list. Heritage Bank of Commerce is among the top banks in multiple categories and is No. 1 in credit quality as represented by percentage of assets qualified as nonperforming. Forbes established its ranking of the top 100 best banks in America using several metrics measuring credit quality, profitability, and stock performance for the 200 largest publicly traded banks and thrifts in asset size in the nation.

“Being recognized by Forbes once again reflects our steadfast commitment to excellence and our dedication to providing exceptional client service.” said Clay Jones, President. “We are honored by this recognition and remain focused on supporting the success of our clients and their businesses, helping to elevate the communities where we live and work.”

Heritage Commerce Corp and Heritage Bank of Commerce are consistently acknowledged as top performers in the financial services industry, earning recurring accolades for financial strength and community impact. In 2024, Heritage Bank of Commerce was also named one of Forbes’ World’s Best Banks, ranking 10th out of the 68 banks recognized in the United States, based on consumer survey criteria including trust, customer service and financial advice.

About Heritage Bank of Commerce

Heritage Commerce Corp, a bank holding company established in October 1997, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Oakland, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, and 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.

Member FDIC

For additional information, contact:

InvestorRelations@herbank.com


FAQ**

How has Heritage Commerce Corp HTBK managed to achieve the top ranking in credit quality as recognized by Forbes, and what specific strategies contributed to this success?

Heritage Commerce Corp (HTBK) achieved its top ranking in credit quality recognized by Forbes through meticulous risk management, a strong focus on loan underwriting, solid capital ratios, and a dedication to customer relationships that enhance creditworthiness.

In what ways does Heritage Commerce Corp HTBK plan to leverage its recognition in Forbes' America’s Best Banks list to attract new clients and investors?

Heritage Commerce Corp plans to leverage its recognition in Forbes' America’s Best Banks list by enhancing its marketing efforts, showcasing the accolade in client communications, and emphasizing its commitment to exceptional service and financial stability to attract new clients and investors.

Given the accolades received, how does Heritage Commerce Corp HTBK intend to sustain its financial performance and community impact moving forward?

Heritage Commerce Corp (HTBK) aims to sustain its financial performance and community impact through strategic investments in technology, enhancing customer experience, fostering community partnerships, and maintaining strong operational efficiency to drive growth and profitability.

Can you provide insights into the growth plans or new initiatives that Heritage Commerce Corp HTBK is exploring to enhance its market position in the coming years?

Heritage Commerce Corp (HTBK) is focused on expanding its market position through strategic initiatives such as enhancing digital banking services, expanding its commercial lending portfolio, and exploring potential mergers and acquisitions to drive growth in the coming years.

**MWN-AI FAQ is based on asking OpenAI questions about Heritage Commerce Corp (NASDAQ: HTBK).

Heritage Commerce Corp

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