SAN JOSE, Calif.–(Marketwired via COMTEX)–Heritage Commerce Corp, parent company of Heritage Bank of Commerce, announced today that it has been admitted to the Sandler O’Neill Sm-All Stars Class of 2015, an elite group of 34 publicly traded banks and thrifts with a market cap below $2.5 billion. This is the second year Heritage Commerce Corp has been accepted to the Sandler O’Neill Sm-All Star list.
The Sandler O’Neill Sm-All Stars Class of 2015 consists of only 34 institutions out of a universe of 435 publicly traded banks and thrifts with a market cap below $2.5 billion. Each institution was evaluated for growth, profitability, credit quality, and capital strength. The median performance metrics evaluated in those areas for the Sm-All Stars Class of 2014 easily exceeded industry medians.
“To receive this designation once again is an honor and is a recognition that our commitment to financial strength and growth of our franchise continues,” said Walter Kaczmarek, President and CEO of Heritage Bank of Commerce. “Our team remains focused on building a strong franchise and serving our clients.