Heritage Commerce reported FY 2025 net income of USD 47.83 million, up 18%, and diluted earnings per share of USD 0.78, up 18%. Total revenue rose 15% to USD 197.46 million, while net interest income increased 15% to USD 185.38 million as the fully tax equivalent net interest margin widened to 3.56% from 3.25%. Noninterest expense increased 13% to USD 127.86 million, reflecting USD 9.18 million of legal settlement and other charges and USD 2.07 million of merger-related costs. Loans held-for-investment grew 5% to USD 3.65 billion and deposits increased by 2% to USD 4.9 billion, while nonperforming assets fell to USD 2.78 million from USD 7.67 million. The company said it has agreed to be acquired by CVB Financial in an all-stock deal valued at about USD 811 million, expected to close in Q2 2026.

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