Heritage Commerce: Q2 Earnings Snapshot

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SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Heritage Commerce Corp. (HTBK) on Thursday reported second-quarter earnings of $9.2 million.

The San Jose, California-based bank said it had earnings of 15 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.

The holding company for Heritage Bank of Commerce posted revenue of $61.4 million in the period. Its revenue net of interest expense was $41.7 million, also missing Street forecasts. Three analysts surveyed by Zacks expected $43.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HTBK at https://www.zacks.com/ap/HTBK