KBRA Affirms Ratings for Heritage Commerce Corp

May 18, 2023

https://www.globenewswire.com/news-release/2023/05/18/2672268/9687/en/KBRA-Affirms-Ratings-for-Heritage-Commerce-Corp.html

SAN JOSE, Calif., May 18, 2023 (GLOBE NEWSWIRE) — Heritage Commerce Corp (NASDAQ:HTBK) (the “Company”), parent of Heritage Bank of Commerce (the “Bank”), announced today that Kroll Bond Rating Agency, LLC (“KBRA”) affirmed the Company’s senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2. KBRA graded the outlook long-term ratings for the Company and the Bank as stable on May 12, 2023.

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