HTBK Heritage Commerce Corp

  1. Stocks
  2. Financial Services
  3. NASDAQ: HTBK

Price (delayed)

$8.35

Market cap

$510.77M

P/E Ratio

7.88

Dividend/share

$0.52

EPS

$1.06

Enterprise value

$142.14M

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 6% YoY
HTBK's P/E is 36% below its 5-year quarterly average of 12.3 but 3% above its last 4 quarters average of 7.6
The EPS has declined by 10% since the previous quarter and by 3.6% year-on-year
HTBK's net income is down by 10% since the previous quarter and by 3.2% year-on-year
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.heritagecommercecorp.com
Peers: CATY CVBF TCBK PPBI

Key stats

What are the main financial stats of HTBK
Market
Shares outstanding
61.17M
Market cap
$510.77M
Enterprise value
$142.14M
Valuations
Price to earnings (P/E)
7.88
Price to book (P/B)
0.76
Price to sales (P/S)
2.66
EV/EBIT
1.57
EV/EBITDA
1.51
EV/Sales
0.74
Earnings
Revenue
$191.47M
EBIT
$90.42M
EBITDA
$93.94M
Free cash flow
$71.34M
Per share
EPS
$1.06
Free cash flow per share
$1.17
Book value per share
$11.01
Revenue per share
$3.13
TBVPS
$82.13
Balance sheet
Total assets
$5.19B
Total liabilities
$4.52B
Debt
$39.5M
Equity
$672.9M
Working capital
N/A
Liquidity
Debt to equity
0.06
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-3.92
Margins
EBITDA margin
49.1%
Gross margin
100%
Net margin
33.7%
Operating margin
47.2%
Efficiency
Return on assets
1.2%
Return on equity
9.8%
Return on invested capital
1.9%
Return on capital employed
N/A
Return on sales
47.2%
Dividend
Dividend yield
6.23%
DPS
$0.52
Payout ratio
49.1%

HTBK stock price

How has the Heritage Commerce stock price performed over time
Intraday
0.6%
1 week
6.37%
1 month
0.85%
1 year
3.99%
YTD
-15.83%
QTD
-2.68%

Financial performance

How have Heritage Commerce's revenue and profit performed over time
Revenue
$191.47M
Gross profit
$191.47M
Operating income
$90.42M
Net income
$64.44M
Gross margin
100%
Net margin
33.7%
HTBK's operating income is down by 11% since the previous quarter and by 4.2% year-on-year
HTBK's net income is down by 10% since the previous quarter and by 3.2% year-on-year
Heritage Commerce's net margin has decreased by 6% QoQ and by 4.3% YoY
HTBK's operating margin is down by 6% from the previous quarter and by 5% YoY

Growth

What is Heritage Commerce's growth rate over time

Valuation

What is Heritage Commerce stock price valuation
HTBK P/E details
P/E
7.88
P/B
0.76
P/S
2.66
EV/EBIT
1.57
EV/EBITDA
1.51
EV/Sales
0.74
HTBK's P/E is 36% below its 5-year quarterly average of 12.3 but 3% above its last 4 quarters average of 7.6
The EPS has declined by 10% since the previous quarter and by 3.6% year-on-year
HTBK's P/B is 25% lower than its 5-year quarterly average of 1.0 and 6% lower than its last 4 quarters average of 0.8
The company's equity rose by 6% YoY
The stock's price to sales (P/S) is 30% less than its 5-year quarterly average of 3.8
The revenue has declined by 5% since the previous quarter

Efficiency

How efficient is Heritage Commerce business performance
HTBK's return on equity is down by 12% since the previous quarter and by 10% year-on-year
The ROIC has decreased by 10% from the previous quarter and by 10% YoY
The ROA has decreased by 8% QoQ
The return on sales has declined by 6% since the previous quarter and by 5% year-on-year

Dividends

What is HTBK's dividend history
Dividend details
DPS
$0.52
Dividend yield
6.23%
Payout ratio
49.1%
Recent dividends

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 down by 4.6% from the previous quarter
The total assets is down by 3.9% since the previous quarter
Heritage Commerce's debt is 94% lower than its equity
The company's equity rose by 6% YoY

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