HTBK Heritage Commerce Corp
Price (delayed)
$9.46
Market cap
$581.25M
P/E Ratio
14.33
Dividend/share
$0.52
EPS
$0.66
Enterprise value
-$347.22M
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 2.5% YoY
The EPS has declined by 38% year-on-year and by 7% since the previous quarter
HTBK's net income is down by 37% year-on-year and by 6% since the previous quarter
Key stats
What are the main financial stats of HTBK
Market
Valuations
Earnings
Shares outstanding
61.44M
Market cap
$581.25M
Enterprise value
-$347.22M
Price to earnings (P/E)
14.33
Price to book (P/B)
0.84
Price to sales (P/S)
3.41
EV/EBIT
-6.13
EV/EBITDA
-5.77
EV/Sales
-2.04
Revenue
$170.26M
Gross profit
$170.26M
Operating income
$56.67M
Net income
$40.53M
EBIT
$56.67M
EBITDA
$60.2M
Free cash flow
$37.35M
Per share
Balance sheet
Liquidity
EPS
$0.66
EPS diluted
$0.66
Free cash flow per share
$0.61
Book value per share
$11.25
Revenue per share
$2.78
TBVPS
$89.24
Total assets
$5.65B
Total liabilities
$4.96B
Debt
$39.65M
Equity
$689.73M
Working capital
N/A
Debt to equity
0.06
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-15.42
Margins
Efficiency
Dividend
EBITDA margin
35.4%
Gross margin
100%
Net margin
23.8%
Operating margin
33.3%
Return on assets
0.7%
Return on equity
5.9%
Return on invested capital
1.3%
Return on capital employed
N/A
Return on sales
33.3%
Dividend yield
5.5%
DPS
$0.52
Payout ratio
78.8%
HTBK stock price
How has the Heritage Commerce stock price performed over time
Intraday
-0.63%
1 week
-1.66%
1 month
-10.84%
1 year
12.49%
YTD
0.85%
QTD
-0.63%
Financial performance
How have Heritage Commerce's revenue and profit performed over time
Revenue
$170.26M
Gross profit
$170.26M
Operating income
$56.67M
Net income
$40.53M
Gross margin
100%
Net margin
23.8%
HTBK's net income is down by 37% year-on-year and by 6% since the previous quarter
HTBK's operating income is down by 37% year-on-year and by 6% since the previous quarter
HTBK's operating margin is down by 29% YoY and by 7% from the previous quarter
Heritage Commerce's net margin has decreased by 29% YoY and by 7% QoQ
Growth
What is Heritage Commerce's growth rate over time
Valuation
What is Heritage Commerce stock price valuation
P/E
14.33
P/B
0.84
P/S
3.41
EV/EBIT
-6.13
EV/EBITDA
-5.77
EV/Sales
-2.04
The EPS has declined by 38% year-on-year and by 7% since the previous quarter
HTBK's P/E is 18% above its last 4 quarters average of 12.1 and 17% above its 5-year quarterly average of 12.3
HTBK's P/B is 16% lower than its 5-year quarterly average of 1.0 but 5% higher than its last 4 quarters average of 0.8
The company's equity rose by 2.5% YoY
The revenue has declined by 11% year-on-year
The stock's price to sales (P/S) is 7% more than its last 4 quarters average of 3.2 but 5% less than its 5-year quarterly average of 3.6
Efficiency
How efficient is Heritage Commerce business performance
The ROA has decreased by 42% YoY and by 13% QoQ
HTBK's return on equity is down by 40% year-on-year and by 8% since the previous quarter
The ROIC has decreased by 32% YoY
The return on sales has declined by 29% year-on-year and by 7% since the previous quarter
Dividends
What is HTBK's dividend history
DPS
$0.52
Dividend yield
5.5%
Payout ratio
78.8%
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 10% YoY
The total assets is up by 9% year-on-year
Heritage Commerce's debt is 94% lower than its equity
The company's equity rose by 2.5% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.