Heritage Commerce Corp (HTBK)

Last Closing Price: 7.92 (2024-06-17)

Company Description

Heritage Commerce Corp. is the holding company of Heritage Bank of Commerce, Heritage Bank East Bay, Heritage Bank South Valley and Bank of Los Altos. The company offers a range of loans, primarily commercial, including real estate, construction, Small Business Administration), inventory and accounts receivable, and equipment loans. The company also accepts checking, savings, and time deposits; NOW and money market deposit accounts; and provides travelers' checks, safe deposit, and other customary non-deposit banking services.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $243.30M
Net Income (Most Recent Fiscal Year) $64.44M
PE Ratio (Current Year Earnings Estimate) 10.79
PE Ratio (Trailing 12 Months) 8.61
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 1.99
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 0.72
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 7.48
Pre-Tax Margin (Trailing 12 Months) 32.09%
Net Margin (Trailing 12 Months) 22.84%
Return on Equity (Trailing 12 Months) 8.36%
Return on Assets (Trailing 12 Months) 1.05%
Current Ratio (Most Recent Fiscal Quarter) 0.75
Quick Ratio (Most Recent Fiscal Quarter) 0.75
Debt to Common Equity (Most Recent Fiscal Quarter) 0.06
Inventory Turnover (Trailing 12 Months) 28.83
Book Value per Share (Most Recent Fiscal Quarter) $11.02
Earnings per Share (Most Recent Fiscal Quarter) $0.17
Earnings per Share (Most Recent Fiscal Year) $1.05
Diluted Earnings per Share (Trailing 12 Months) $0.92
Stock
Exchange NASDAQ
Sector Financial Services
Industry Banks - Regional
Common Shares Outstanding 61.26M
Free Float 58.81M
Market Capitalization $485.15M
Average Volume (Last 20 Days) 0.37M
Beta (Past 60 Months) 0.92
Percentage Held By Insiders (Latest Annual Proxy Report) 3.99%
Percentage Held By Institutions (Latest 13F Reports) 75.55%
Annual Dividend (Based on Last Quarter) $0.52
Dividend Yield (Based on Last Quarter) 6.57%