Heritage Commerce Corp

DB:XHC Stock Report

Market Cap: €555.8m

Heritage Commerce Past Earnings Performance

Past criteria checks 2/6

Heritage Commerce has been growing earnings at an average annual rate of 11.8%, while the Banks industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 7.7% per year. Heritage Commerce's return on equity is 6.3%, and it has net margins of 25.6%.

Key information

11.8%

Earnings growth rate

7.3%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate7.7%
Return on equity6.3%
Net Margin25.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Heritage Commerce makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:XHC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2416943760
30 Jun 2417549730
31 Mar 2418156710
31 Dec 2319164710
30 Sep 2320272710
30 Jun 2320474720
31 Mar 2320073710
31 Dec 2218967700
30 Sep 2217760690
30 Jun 2216855670
31 Mar 2216149660
31 Dec 2115948670
30 Sep 2115545660
30 Jun 2115043660
31 Mar 2114945650
31 Dec 2013935640
30 Sep 2013929630
30 Jun 2013729600
31 Mar 2013530580
31 Dec 1914140540
30 Sep 1913848500
30 Jun 1913949500
31 Mar 1913039500
31 Dec 1812435480
30 Sep 1811823470
30 Jun 1811120450
31 Mar 1811326430
31 Dec 1711124430
30 Sep 1710830440
30 Jun 1710427440
31 Mar 1710226430
31 Dec 1610025410
30 Sep 169921430
30 Jun 169618420
31 Mar 169116400
31 Dec 158514380
30 Sep 157913330
30 Jun 157313330
31 Mar 156912330
31 Dec 146511320
30 Sep 146211350
30 Jun 146111340
31 Mar 146010330
31 Dec 135810300

Quality Earnings: XHC has high quality earnings.

Growing Profit Margin: XHC's current net profit margins (25.6%) are lower than last year (35.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: XHC's earnings have grown by 11.8% per year over the past 5 years.

Accelerating Growth: XHC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: XHC had negative earnings growth (-39.9%) over the past year, making it difficult to compare to the Banks industry average (12.6%).

Return on Equity

High ROE: XHC's Return on Equity (6.3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 04:32
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Heritage Commerce Corp is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary TennerD.A. Davidson & Co.
null nullD.A. Davidson & Co.
Timothy CoffeyFIG Partners