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HTBK Heritage Commerce Corp
- Stocks
- Financial Services
- NASDAQ: HTBK
Price (delayed)
$10.47
Market cap
$644.91M
P/E Ratio
15.4
Dividend/share
$0.52
EPS
$0.68
Enterprise value
-$60.45M
Heritage Commerce Corp, a California corporation organized in 1998, is a bank holding company registered under the Bank Holding Company Act of 1956, as amended. The Company provides a wide
Highlights
The company's equity rose by 2.9% YoY
The EPS has declined by 26% year-on-year but it has increased by 3% since the previous quarter
HTBK's net income is down by 25% year-on-year but it is up by 3.6% since the previous quarter
HTBK's P/E is 25% above its 5-year quarterly average of 12.3 and 16% above its last 4 quarters average of 13.3
Key stats
What are the main financial stats of HTBK
Market
Valuations
Earnings
Shares outstanding
61.6M
Market cap
$644.91M
Enterprise value
-$60.45M
Price to earnings (P/E)
15.4
Price to book (P/B)
0.92
Price to sales (P/S)
3.7
EV/EBIT
-1.03
EV/EBITDA
-0.97
EV/Sales
-0.35
Revenue
$174.08M
Gross profit
$174.08M
Operating income
$58.58M
Net income
$41.99M
EBIT
$58.58M
EBITDA
$62.06M
Free cash flow
$45.29M
Per share
Balance sheet
Liquidity
EPS
$0.68
EPS diluted
$0.68
Free cash flow per share
$0.74
Book value per share
$11.33
Revenue per share
$2.83
TBVPS
$86.92
Total assets
$5.51B
Total liabilities
$4.82B
Debt
$39.69M
Equity
$696.19M
Working capital
N/A
Debt to equity
0.06
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-11.37
Margins
Efficiency
Dividend
EBITDA margin
35.6%
Gross margin
100%
Net margin
24.1%
Operating margin
33.7%
Return on assets
0.8%
Return on equity
6.1%
Return on invested capital
1.3%
Return on capital employed
N/A
Return on sales
33.7%
Dividend yield
4.97%
DPS
$0.52
Payout ratio
76.5%
HTBK stock price
How has the Heritage Commerce stock price performed over time
Intraday
-0.38%
1 week
-2.06%
1 month
8.5%
1 year
20.76%
YTD
11.62%
QTD
5.44%
Financial performance
How have Heritage Commerce's revenue and profit performed over time
Revenue
$174.08M
Gross profit
$174.08M
Operating income
$58.58M
Net income
$41.99M
Gross margin
100%
Net margin
24.1%
HTBK's net income is down by 25% year-on-year but it is up by 3.6% since the previous quarter
HTBK's operating income is down by 25% year-on-year but it is up by 3.4% since the previous quarter
HTBK's operating margin is down by 22% YoY
Heritage Commerce's net margin has decreased by 21% YoY
Price vs fundamentals
How does HTBK's price correlate with its fundamentals
Growth
What is Heritage Commerce's growth rate over time
Valuation
What is Heritage Commerce stock price valuation
P/E
15.4
P/B
0.92
P/S
3.7
EV/EBIT
-1.03
EV/EBITDA
-0.97
EV/Sales
-0.35
The EPS has declined by 26% year-on-year but it has increased by 3% since the previous quarter
HTBK's P/E is 25% above its 5-year quarterly average of 12.3 and 16% above its last 4 quarters average of 13.3
HTBK's P/B is 15% higher than its last 4 quarters average of 0.8 but 8% lower than its 5-year quarterly average of 1.0
The company's equity rose by 2.9% YoY
The stock's price to sales (P/S) is 12% more than its last 4 quarters average of 3.3 and 2.8% more than its 5-year quarterly average of 3.6
The revenue has declined by 4.1% year-on-year but it has increased by 2.2% since the previous quarter
Efficiency
How efficient is Heritage Commerce business performance
The ROA has decreased by 27% YoY but it has increased by 14% QoQ
HTBK's return on equity is down by 27% year-on-year but it is up by 3.4% since the previous quarter
The ROIC has decreased by 24% YoY
The return on sales has declined by 22% year-on-year
Dividends
What is HTBK's dividend history
DPS
$0.52
Dividend yield
4.97%
Payout ratio
76.5%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Heritage Commerce financials performed over time
The total assets is 14% greater than the total liabilities
HTBK's total liabilities is up by 5% YoY but it is down by 2.8% from the previous quarter
The total assets is up by 4.9% year-on-year but it is down by 2.3% since the previous quarter
Heritage Commerce's debt is 94% lower than its equity
The company's equity rose by 2.9% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.