Heritage Commerce Balance Sheet Health

Financial Health criteria checks 6/6

Heritage Commerce has total assets of $5.2B and total equity of $672.9M. Total deposits are $4.4B, and total loans are $3.3B. It earns a Net Interest Margin of 3.7%. It has sufficient allowance for bad loans, which are currently at 0.2% of total loans. Cash and short-term investments are $408.1M.

Key information

7.7x

Asset to equity ratio

3.7%

Net interest margin

Total deposits	US$4.38b
Loan to deposit ratio	Appropriate
Bad loans	0.2%
Allowance for bad loans	Sufficient
Current ratio	Low
Cash & equivalents	US$408.13m

Recent financial health updates

No updates

Recent updates

Heritage Commerce: Dividend Yield And Capital Upside Supported By Rising Interest Rates

Apr 25

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

Feb 01

Heritage Commerce: Strong Top Line Growth To Lift Earnings

Jan 30

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

Nov 02

Heritage Commerce: 4.7% Dividend Yield With Secure Dividends

Aug 20

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

Jul 26

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

May 02

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: HTBK's Assets to Equity ratio (7.7x) is low.

Allowance for Bad Loans: HTBK has a sufficient allowance for bad loans (622%).

Low Risk Liabilities: 97% of HTBK's liabilities are made up of primarily low risk sources of funding.

Loan Level: HTBK has an appropriate level of Loans to Assets ratio (64%).

Low Risk Deposits: HTBK's Loans to Deposits ratio (75%) is appropriate.

Level of Bad Loans: HTBK has an appropriate level of bad loans (0.2%).

Discover healthy companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Heritage Commerce Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Heritage Commerce Corp, Annual General Meeting, May 23, 2024

New minor risk - Insider selling

Full year 2023 earnings: EPS and revenues miss analyst expectations

Independent Chairman of the Board notifies of intention to sell stock

Consensus EPS estimates fall by 14%

Fourth quarter dividend of US$0.13 announced

Full year 2023 earnings: EPS and revenues miss analyst expectations

Now 21% undervalued

Heritage Commerce Corp Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

Independent Director exercised options to buy US$299k worth of stock.

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

New major risk - Revenue and earnings growth

Heritage Commerce Corp Reports Unaudited Net Charges Write Offs for the Third Quarter Ended September 30, 2023

Heritage Commerce Corp Reports Unaudited Net Charges Write Offs for the Third Quarter Ended September 30, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations

Heritage Commerce Corp Declares Regular Quarterly Cash Dividend, Payable on November 21, 2023

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

Heritage Commerce Corp Declares Quarterly Cash Dividend, Payable August 24, 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

President exercised options to buy US$165k worth of stock.

Heritage Commerce Corp Announces Retirement of Margo Butsch, Executive Vice President and Chief Credit Officer

Investor sentiment improves as stock rises 18%

Price target decreased by 7.6% to US$11.17

Investor sentiment deteriorates as stock falls 15%

Independent Director exercised options to buy US$229k worth of stock.

Upcoming dividend of US$0.13 per share at 7.0% yield

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

Price target decreased by 8.1% to US$13.25

Price target decreased by 11% to US$13.75

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorates as stock falls 17%

Independent Director recently sold US$107k worth of stock

Independent Director exercised options to buy US$366k worth of stock.

Independent Director notifies of intention to sell stock

Independent Director recently sold US$250k worth of stock

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

Upcoming dividend of US$0.13 per share at 4.3% yield

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Heritage Commerce Corp Declares Regular Quarterly Cash Dividend, Payable on February 23, 2023

Executive VP & CFO exercised options and sold US$158k worth of stock

Independent Director recently bought US$89k worth of stock

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

High number of new directors

Price target increased to US$15.33

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Heritage Commerce Corp Declares Regular Quarterly Cash Dividend to Holders of Common Stock, Payable on November 22, 2022

High number of new directors

Heritage Commerce: Rapidly Rising Rates To Boost Earnings

President recently sold US$249k worth of stock

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

Upcoming dividend of US$0.13 per share

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Heritage Commerce Corp and Heritage Bank of Commerce Announces Management Changes, Effective September 15, 2022

Heritage Commerce: Strong Margin Growth To Drive Earnings This Year

Executive VP & CFO notifies of intention to sell stock

Executive VP & CFO recently sold US$80k worth of stock

Heritage Commerce Corp announced that it has received $40 million in funding

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

Upcoming dividend of US$0.13 per share

First quarter 2022 earnings: EPS exceeds analyst expectations

Heritage Commerce: Dividend Yield And Capital Upside Supported By Rising Interest Rates

Heritage Commerce Corp Announces Executive Changes, Effective June 1, 2022

Heritage Commerce Corp, Annual General Meeting, May 26, 2022

Full year 2021 earnings: EPS exceeds analyst expectations

Independent Chairman of the Board recently sold US$112k worth of stock

Independent Director exercised options to buy US$164k worth of stock.

Upcoming dividend of US$0.13 per share

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

Full year 2021 earnings: EPS exceeds analyst expectations

Heritage Commerce: Strong Top Line Growth To Lift Earnings

Heritage Commerce Corp Announces the Resignation of Frank G. Bisceglia from the Board of Directors

Heritage Commerce Corp Declares Regular Quarterly Cash Dividend, Payable on February 24, 2022

Independent Director recently bought US$119k worth of stock

Independent Director recently sold US$729k worth of stock

Independent Director recently bought US$61k worth of stock