HTBK Heritage Commerce Corp

Price (delayed)

$11.94

Market cap

$717.63M

P/E Ratio

15.92

Dividend/share

$0.52

EPS

$0.75

Enterprise value

-$685.64M

Highlights
HTBK's net income is up by 48% year-on-year and by 26% since the previous quarter
The EPS has increased by 27% since the previous quarter and by 23% year-on-year
HTBK's P/E is 10% below its 5-year quarterly average of 17.7 but 6% above its last 4 quarters average of 15.0

Key stats

What are the main financial stats of HTBK
Market
Shares outstanding
60.1M
Market cap
$717.63M
Enterprise value
-$685.64M
Valuations
Price to earnings (P/E)
15.92
Price to book (P/B)
1.23
Price to sales (P/S)
4.81
EV/EBIT
-11.08
EV/EBITDA
-10.32
EV/Sales
-4.61
Earnings
Revenue
$148.85M
EBIT
$61.87M
EBITDA
$66.46M
Free cash flow
$56.46M
Per share
EPS
$0.75
Free cash flow per share
$0.94
Book value per share
$9.71
Revenue per share
$2.48
TBVPS
$80.4
Balance sheet
Total assets
$5B
Total liabilities
$4.42B
Debt
$39.79M
Equity
$581.66M
Working capital
N/A
Liquidity
Debt to equity
0.07
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-21.12
Margins
EBITDA margin
44.6%
Gross margin
100%
Net margin
30%
Operating margin
41.6%
Efficiency
Return on assets
0.9%
Return on equity
7.7%
Return on invested capital
1.8%
Return on capital employed
N/A
Return on sales
41.6%
Dividend
Dividend yield
4.36%
DPS
$0.52
Payout ratio
69.3%

HTBK stock price

How has the Heritage Commerce stock price performed over time
Intraday
1.53%
1 week
1.1%
1 month
-1.73%
1 year
46.5%
YTD
34.61%
QTD
-2.29%

Financial performance

How have Heritage Commerce's revenue and profit performed over time
Revenue
$148.85M
Gross profit
$148.85M
Operating income
$61.87M
Net income
$44.64M
Gross margin
100%
Net margin
30%
HTBK's net income is up by 48% year-on-year and by 26% since the previous quarter
HTBK's operating income is up by 46% year-on-year and by 26% since the previous quarter
Heritage Commerce's net margin has increased by 35% YoY and by 18% QoQ
HTBK's operating margin is up by 32% YoY and by 18% from the previous quarter

Growth

What is Heritage Commerce's growth rate over time

Valuation

What is Heritage Commerce stock price valuation
P/E
15.92
P/B
1.23
P/S
4.81
EV/EBIT
-11.08
EV/EBITDA
-10.32
EV/Sales
-4.61
The EPS has increased by 27% since the previous quarter and by 23% year-on-year
HTBK's P/E is 10% below its 5-year quarterly average of 17.7 but 6% above its last 4 quarters average of 15.0
HTBK's P/B is 37% higher than its last 4 quarters average of 0.9 but 18% lower than its 5-year quarterly average of 1.5
The stock's price to sales (P/S) is 30% more than its last 4 quarters average of 3.7 and 7% more than its 5-year quarterly average of 4.5
The revenue has increased by 10% year-on-year and by 7% since the previous quarter

Efficiency

How efficient is Heritage Commerce business performance
The return on sales has increased by 32% year-on-year and by 18% since the previous quarter
The ROIC has increased by 29% from the previous quarter and by 29% YoY
HTBK's return on equity is up by 26% since the previous quarter and by 24% year-on-year
The ROA has increased by 13% QoQ and by 13% YoY

Dividends

What is HTBK's dividend history
DPS
$0.52
Dividend yield
4.36%
Payout ratio
69.3%
Recent dividends

Financial health

How did Heritage Commerce financials performed over time
The total assets is 13% greater than the total liabilities
HTBK's total liabilities is up by 26% YoY and by 9% from the previous quarter
The total assets is up by 23% year-on-year and by 8% since the previous quarter
Heritage Commerce's debt is 93% lower than its equity

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.