Heritage Commerce Past Earnings Performance

Past criteria checks 2/6

Heritage Commerce has been growing earnings at an average annual rate of 12.7%, while the Banks industry saw earnings growing at 15.9% annually. Revenues have been growing at an average rate of 8.4% per year. Heritage Commerce's return on equity is 7.1%, and it has net margins of 27.8%.

Key information

12.7%

Earnings growth rate

6.5%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate8.4%
Return on equity7.1%
Net Margin27.8%
Last Earnings Update30 Jun 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 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 (27.8%) are lower than last year (36.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: XHC's earnings have grown by 12.7% 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 (-34.6%) over the past year, making it difficult to compare to the Banks industry average (19.4%).


Return on Equity

High ROE: XHC's Return on Equity (7.1%) is considered low.


Return on Assets


Return on Capital Employed


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