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HTBK

Heritage Commerce NasdaqGS:HTBK Stock Report

Last Price

US$14.48

Market Cap

US$879.2m

7D

-0.4%

1Y

29.9%

Updated

27 Nov, 2022

Data

Company Financials +
HTBK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends3/6

HTBK Stock Overview

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.

Heritage Commerce Corp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Heritage Commerce
Historical stock prices
Current Share PriceUS$14.48
52 Week HighUS$14.87
52 Week LowUS$10.42
Beta1.01
1 Month Change9.20%
3 Month Change25.04%
1 Year Change29.87%
3 Year Change15.84%
5 Year Change-10.56%
Change since IPO64.77%

Recent News & Updates

Heritage Commerce (NASDAQ:HTBK) Has Announced A Dividend Of $0.13

Nov 01
Heritage Commerce (NASDAQ:HTBK) Has Announced A Dividend Of $0.13

Recent updates

Heritage Commerce (NASDAQ:HTBK) Has Announced A Dividend Of $0.13

Nov 01
Heritage Commerce (NASDAQ:HTBK) Has Announced A Dividend Of $0.13

Heritage Commerce (NASDAQ:HTBK) Is Paying Out A Dividend Of $0.13

Aug 08
Heritage Commerce (NASDAQ:HTBK) Is Paying Out A Dividend Of $0.13

Heritage Commerce (NASDAQ:HTBK) Is Due To Pay A Dividend Of US$0.13

May 08
Heritage Commerce (NASDAQ:HTBK) Is Due To Pay A Dividend Of US$0.13

Heritage Commerce (NASDAQ:HTBK) Has Affirmed Its Dividend Of US$0.13

Feb 01
Heritage Commerce (NASDAQ:HTBK) Has Affirmed Its Dividend Of US$0.13

Heritage Commerce (NASDAQ:HTBK) Will Pay A Dividend Of US$0.13

Nov 02
Heritage Commerce (NASDAQ:HTBK) Will Pay A Dividend Of US$0.13

Heritage Commerce's (NASDAQ:HTBK) Dividend Will Be US$0.13

Jul 26
Heritage Commerce's (NASDAQ:HTBK) Dividend Will Be US$0.13

If You Like EPS Growth Then Check Out Heritage Commerce (NASDAQ:HTBK) Before It's Too Late

May 02
If You Like EPS Growth Then Check Out Heritage Commerce (NASDAQ:HTBK) Before It's Too Late

What Kind Of Investors Own Most Of Heritage Commerce Corp (NASDAQ:HTBK)?

Mar 16
What Kind Of Investors Own Most Of Heritage Commerce Corp (NASDAQ:HTBK)?

Don't Ignore The Fact That This Insider Just Sold Some Shares In Heritage Commerce Corp (NASDAQ:HTBK)

Feb 18
Don't Ignore The Fact That This Insider Just Sold Some Shares In Heritage Commerce Corp (NASDAQ:HTBK)

Is Heritage Commerce Corp (NASDAQ:HTBK) An Attractive Dividend Stock?

Feb 05
Is Heritage Commerce Corp (NASDAQ:HTBK) An Attractive Dividend Stock?

If You Had Bought Heritage Commerce's (NASDAQ:HTBK) Shares Three Years Ago You Would Be Down 43%

Jan 10
If You Had Bought Heritage Commerce's (NASDAQ:HTBK) Shares Three Years Ago You Would Be Down 43%

Trade Alert: The Independent Director Of Heritage Commerce Corp (NASDAQ:HTBK), Jason Omega DiNapoli, Has Just Spent US$89k Buying 3.0% More Shares

Dec 15
Trade Alert: The Independent Director Of Heritage Commerce Corp (NASDAQ:HTBK), Jason Omega DiNapoli, Has Just Spent US$89k Buying 3.0% More Shares

What Is The Ownership Structure Like For Heritage Commerce Corp (NASDAQ:HTBK)?

Nov 27
What Is The Ownership Structure Like For Heritage Commerce Corp (NASDAQ:HTBK)?

Shareholder Returns

HTBKUS BanksUS Market
7D-0.4%1.9%1.3%
1Y29.9%-14.0%-18.5%

Return vs Industry: HTBK exceeded the US Banks industry which returned -14.1% over the past year.

Return vs Market: HTBK exceeded the US Market which returned -18.5% over the past year.

Price Volatility

Is HTBK's price volatile compared to industry and market?
HTBK volatility
HTBK Average Weekly Movement4.3%
Banks Industry Average Movement4.0%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: HTBK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: HTBK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994327Clay Joneshttps://www.heritagecommercecorp.com

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

How do Heritage Commerce's earnings and revenue compare to its market cap?
HTBK fundamental statistics
Market CapUS$879.21m
Earnings (TTM)US$59.72m
Revenue (TTM)US$176.76m

14.7x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HTBK income statement (TTM)
RevenueUS$176.76m
Cost of RevenueUS$0
Gross ProfitUS$176.76m
Other ExpensesUS$117.04m
EarningsUS$59.72m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.98
Gross Margin100.00%
Net Profit Margin33.79%
Debt/Equity Ratio6.4%

How did HTBK perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

53%

Payout Ratio