HTBK Heritage Commerce Corp
- Stocks
- Financial Services
- NASDAQ: HTBK
Price (delayed)
$9.925
Market cap
$609.86M
P/E Ratio
15.75
Dividend/share
$0.52
EPS
$0.63
Enterprise value
-$72.2M
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 revenue has increased by 3.5% since the previous quarter and by 3.1% year-on-year
Heritage Commerce's gross profit has increased by 3.5% QoQ and by 3.1% YoY
HTBK's P/E is 21% above its 5-year quarterly average of 12.4 and 3.1% above its last 4 quarters average of 14.5
The EPS has declined by 21% year-on-year and by 7% since the previous quarter
Key stats
What are the main financial stats of HTBK
Market
Valuations
Earnings
Shares outstanding
61.45M
Market cap
$609.86M
Enterprise value
-$72.2M
Price to earnings (P/E)
15.75
Price to book (P/B)
0.88
Price to sales (P/S)
3.39
EV/EBIT
-1.33
EV/EBITDA
-1.25
EV/Sales
-0.4
Revenue
$180.09M
Gross profit
$180.09M
Operating income
$54.44M
Net income
$39.14M
EBIT
$54.44M
EBITDA
$57.8M
Free cash flow
$43.13M
Per share
Balance sheet
Liquidity
EPS
$0.63
EPS diluted
$0.63
Free cash flow per share
$0.7
Book value per share
$11.28
Revenue per share
$2.92
TBVPS
$85.95
Total assets
$5.47B
Total liabilities
$4.77B
Debt
$39.73M
Equity
$694.7M
Working capital
N/A
Debt to equity
0.06
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-11.8
Margins
Efficiency
Dividend
EBITDA margin
32.1%
Gross margin
100%
Net margin
21.7%
Operating margin
30.2%
Return on assets
0.7%
Return on equity
5.7%
Return on invested capital
1.2%
Return on capital employed
N/A
Return on sales
30.2%
Dividend yield
5.24%
DPS
$0.52
Payout ratio
82.5%
HTBK stock price
How has the Heritage Commerce stock price performed over time
Intraday
5.36%
1 week
6.49%
1 month
-4.29%
1 year
5.36%
YTD
5.81%
QTD
-0.05%
Financial performance
How have Heritage Commerce's revenue and profit performed over time
Revenue
$180.09M
Gross profit
$180.09M
Operating income
$54.44M
Net income
$39.14M
Gross margin
100%
Net margin
21.7%
HTBK's operating margin is down by 23% YoY and by 10% from the previous quarter
Heritage Commerce's net margin has decreased by 22% YoY and by 10% QoQ
HTBK's operating income is down by 20% year-on-year and by 7% since the previous quarter
HTBK's net income is down by 19% year-on-year and by 7% since the previous quarter
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
15.75
P/B
0.88
P/S
3.39
EV/EBIT
-1.33
EV/EBITDA
-1.25
EV/Sales
-0.4
HTBK's P/E is 21% above its 5-year quarterly average of 12.4 and 3.1% above its last 4 quarters average of 14.5
The EPS has declined by 21% year-on-year and by 7% since the previous quarter
HTBK's P/B is 16% lower than its 5-year quarterly average of 1.0 and 7% lower than its last 4 quarters average of 0.9
The company's equity rose by 2.3% YoY
The stock's price to sales (P/S) is 11% less than its 5-year quarterly average of 3.6 and 5% less than its last 4 quarters average of 3.4
The revenue has increased by 3.5% since the previous quarter and by 3.1% year-on-year
Efficiency
How efficient is Heritage Commerce business performance
The return on sales has declined by 23% year-on-year and by 10% since the previous quarter
The ROA has decreased by 22% YoY and by 13% QoQ
HTBK's return on equity is down by 21% year-on-year and by 7% since the previous quarter
The ROIC has decreased by 20% YoY and by 8% from the previous quarter
Dividends
What is HTBK's dividend history
DPS
$0.52
Dividend yield
5.24%
Payout ratio
82.5%
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 15% greater than the total liabilities
HTBK's total liabilities is up by 4.1% YoY
The total assets is up by 3.9% year-on-year
Heritage Commerce's debt is 94% lower than its equity
The company's equity rose by 2.3% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.