HTBK Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 6/6 |
Rewards
Risk Analysis
No risks detected for HTBK from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Heritage Commerce Corp Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.59 |
| 52 Week High | US$11.27 |
| 52 Week Low | US$7.66 |
| Beta | 0.92 |
| 1 Month Change | -8.84% |
| 3 Month Change | -5.33% |
| 1 Year Change | -3.62% |
| 3 Year Change | -18.10% |
| 5 Year Change | -25.08% |
| Change since IPO | 9.13% |
Recent News & Updates
Heritage Commerce's (NASDAQ:HTBK) Dividend Will Be $0.13
Oct 29
Heritage Commerce Corp (NASDAQ:HTBK) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Oct 27Recent updates
Heritage Commerce's (NASDAQ:HTBK) Dividend Will Be $0.13
Oct 29Heritage Commerce Corp (NASDAQ:HTBK) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Oct 27Heritage Commerce's (NASDAQ:HTBK) Dividend Will Be $0.13
Jul 30Heritage Commerce (NASDAQ:HTBK) Is Paying Out A Dividend Of $0.13
May 02Heritage Commerce Corp Just Missed EPS By 6.4%: Here's What Analysts Think Will Happen Next
Apr 28Heritage Commerce (NASDAQ:HTBK) Is Due To Pay A Dividend Of $0.13
Oct 31Heritage Commerce (NASDAQ:HTBK) Has Announced A Dividend Of $0.13
Aug 03Heritage Commerce (NASDAQ:HTBK) Has Announced A Dividend Of $0.13
May 02Heritage Commerce (NASDAQ:HTBK) Has Announced A Dividend Of $0.13
Feb 01Heritage Commerce (NASDAQ:HTBK) Has Announced A Dividend Of $0.13
Nov 01Heritage Commerce: Rapidly Rising Rates To Boost Earnings
Sep 22Heritage Commerce (NASDAQ:HTBK) Is Paying Out A Dividend Of $0.13
Aug 08Heritage Commerce: Strong Margin Growth To Drive Earnings This Year
Jul 09Heritage Commerce (NASDAQ:HTBK) Is Due To Pay A Dividend Of US$0.13
May 08Heritage Commerce: Dividend Yield And Capital Upside Supported By Rising Interest Rates
Apr 25Shareholder Returns
| HTBK | US Banks | US Market | |
|---|---|---|---|
| 7D | -8.1% | -3.4% | -2.4% |
| 1Y | -3.6% | 29.1% | 23.3% |
Return vs Industry: HTBK underperformed the US Banks industry which returned 27.2% over the past year.
Return vs Market: HTBK underperformed the US Market which returned 22.1% over the past year.
Price Volatility
| HTBK volatility | |
|---|---|
| HTBK Average Weekly Movement | 5.3% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: HTBK has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: HTBK's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 353 | Clay Jones | www.heritagecommercecorp.com/corporate-profile/default.aspx |
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.
Heritage Commerce Corp Fundamentals Summary
| HTBK fundamental statistics | |
|---|---|
| Market cap | US$588.51m |
| Earnings (TTM) | US$43.24m |
| Revenue (TTM) | US$169.17m |
13.6x
P/E Ratio0.9x
P/B RatioIs HTBK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HTBK income statement (TTM) | |
|---|---|
| Revenue | US$169.17m |
| Cost of Revenue | US$0 |
| Gross Profit | US$169.17m |
| Other Expenses | US$125.94m |
| Earnings | US$43.24m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.71 |
| Gross Margin | 100.00% |
| Net Profit Margin | 25.56% |
| Debt/Equity Ratio | 5.8% |
How did HTBK perform over the long term?
See historical performance and comparisonDividends
5.4%
Current Dividend Yield74%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 04:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
|---|---|
| Gary Tenner | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |
| Timothy Coffey | FIG Partners |