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Heritage Commerce Corp (HTBK)

7.97 +0.07 (+0.95%)
As of 10:44 AM EDT. Market Open.
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DELL
  • Previous Close 7.90
  • Open 7.85
  • Bid 7.94 x 100
  • Ask 8.01 x 100
  • Day's Range 7.85 - 8.02
  • 52 Week Range 6.69 - 10.22
  • Volume 60,683
  • Avg. Volume 408,024
  • Market Cap (intraday) 488.497M
  • Beta (5Y Monthly) 0.89
  • PE Ratio (TTM) 7.60
  • EPS (TTM) 1.05
  • Earnings Date Apr 25, 2024 - Apr 29, 2024
  • Forward Dividend & Yield 0.52 (6.57%)
  • Ex-Dividend Date Feb 7, 2024
  • 1y Target Est 10.83

Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. Its deposit products for business banking and retail markets include interest and non-interest-bearing demand, savings, and money market accounts, as well as certificates of deposit and time deposits. The company's loan portfolio comprises commercial loans, such as operating secured and unsecured loans advanced for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial construction loans for rental properties, commercial buildings, and homes; small business administration loans; home equity lines of credit; multifamily loans on residential properties; residential mortgage loans; and consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes. In addition, it offers other banking services, including cashier's checks, bank by mail, night depositories, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer, online bill pay, homeowner association, remote deposit capture, automated clearing house origination, electronic data interchange, and check imaging services, as well as other customary banking, factoring financing, and electronic banking services. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California.

www.heritagecommercecorp.com/corporate-profile/default.aspx

349

Full Time Employees

December 31

Fiscal Year Ends

Recent News: HTBK

Performance Overview: HTBK

Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

HTBK
18.33%
S&P 500
4.88%

1-Year Return

HTBK
7.75%
S&P 500
20.40%

3-Year Return

HTBK
24.45%
S&P 500
19.52%

5-Year Return

HTBK
18.31%
S&P 500
72.20%

Compare To: HTBK

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Statistics: HTBK

Valuation Measures

As of 4/18/2024
  • Market Cap

    484.52M

  • Enterprise Value

    --

  • Trailing P/E

    7.53

  • Forward P/E

    9.09

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    2.52

  • Price/Book (mrq)

    0.72

  • Enterprise Value/Revenue

    --

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    33.66%

  • Return on Assets (ttm)

    1.25%

  • Return on Equity (ttm)

    9.87%

  • Revenue (ttm)

    191.47M

  • Net Income Avi to Common (ttm)

    64.44M

  • Diluted EPS (ttm)

    1.05

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    408.13M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: HTBK

Analyst Price Targets

10.00
10.83 Average
7.97 Current
11.00 High
 

Fair Value

Undervalued
% Return
7.97 Current
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

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