On May 12, 2025, Heritage Commerce Corp (NASDAQ: HTBK) revealed that Kroll Bond Rating Agency, LLC ("KBRA") has maintained the Company’s senior unsecured debt rating at BBB+, subordinated debt rating at BBB, and short-term debt rating at K2. Additionally, KBRA upheld the deposit and senior unsecured debt ratings at A-, subordinated debt rating at BBB+, and short-term deposit and debt ratings at K2 for Heritage Bank of Commerce. The long-term ratings outlook for both the Company and the Bank was graded as stable on May 9, 2025.