HTBK Heritage Commerce Corp

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

Price (delayed)

$10.99

Market cap

$664.23M

P/E Ratio

13.4

Dividend/share

$0.52

EPS

$0.82

Enterprise value

-$512.95M

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
HTBK's P/E is 21% below its 5-year quarterly average of 17.0 and 10% below its last 4 quarters average of 14.9
HTBK's net income is up by 11% year-on-year and by 3.5% since the previous quarter
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.heritagecommercecorp.com
Peers: CATY CVBF PPBI TCBK

Key stats

What are the main financial stats of HTBK
Market
Shares outstanding
60.44M
Market cap
$664.23M
Enterprise value
-$512.95M
Valuations
Price to earnings (P/E)
13.4
Price to book (P/B)
1.1
Price to sales (P/S)
4.11
EV/EBIT
-7.51
EV/EBITDA
-7.09
EV/Sales
-3.18
Earnings
Revenue
$161.42M
EBIT
$68.34M
EBITDA
$72.37M
Free cash flow
$62.9M
Per share
EPS
$0.82
Free cash flow per share
$1.04
Book value per share
$9.96
Revenue per share
$2.67
TBVPS
$86.91
Balance sheet
Total assets
$5.43B
Total liabilities
$4.83B
Debt
$39.99M
Equity
$601.06M
Working capital
N/A
Liquidity
Debt to equity
0.07
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-16.27
Margins
EBITDA margin
44.8%
Gross margin
100%
Net margin
30.6%
Operating margin
42.3%
Efficiency
Return on assets
0.9%
Return on equity
8.3%
Return on invested capital
1.8%
Return on capital employed
N/A
Return on sales
42.3%
Dividend
Dividend yield
4.73%
DPS
$0.52
Payout ratio
63.4%

HTBK stock price

How has the Heritage Commerce stock price performed over time
Intraday
1.29%
1 week
2.61%
1 month
-1.08%
1 year
-4.27%
YTD
-7.96%
QTD
-2.31%

Financial performance

How have Heritage Commerce's revenue and profit performed over time
Revenue
$161.42M
Gross profit
$161.42M
Operating income
$68.34M
Net income
$49.36M
Gross margin
100%
Net margin
30.6%
HTBK's net income is up by 11% year-on-year and by 3.5% since the previous quarter
HTBK's operating income is up by 10% year-on-year and by 3.7% since the previous quarter
The revenue has increased by 8% year-on-year
Heritage Commerce's gross profit has increased by 8% YoY

Growth

What is Heritage Commerce's growth rate over time

Valuation

What is Heritage Commerce stock price valuation
P/E
13.4
P/B
1.1
P/S
4.11
EV/EBIT
-7.51
EV/EBITDA
-7.09
EV/Sales
-3.18
HTBK's P/E is 21% below its 5-year quarterly average of 17.0 and 10% below its last 4 quarters average of 14.9
The EPS has increased by 9% year-on-year and by 3.8% since the previous quarter
HTBK's P/B is 21% lower than its 5-year quarterly average of 1.4 and 8% lower than its last 4 quarters average of 1.2
The company's equity rose by 3.3% YoY
The stock's price to sales (P/S) is 9% less than its 5-year quarterly average of 4.5 and 7% less than its last 4 quarters average of 4.4
The revenue has increased by 8% year-on-year

Efficiency

How efficient is Heritage Commerce business performance
HTBK's return on equity is up by 8% year-on-year and by 2.5% since the previous quarter
The return on sales has increased by 2.2% since the previous quarter

Dividends

What is HTBK's dividend history
Dividend details
DPS
$0.52
Dividend yield
4.73%
Payout ratio
63.4%
Recent dividends

Financial health

How did Heritage Commerce financials performed over time
The total assets is 12% greater than the total liabilities
HTBK's total liabilities is up by 9% YoY
The total assets is up by 9% year-on-year
Heritage Commerce's debt is 93% lower than its equity
The company's equity rose by 3.3% YoY

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