Heritage Commerce Corp (HTBK): Price and Financial Metrics

HTBK POWR Grades

• Sentiment is the dimension where HTBK ranks best; there it ranks ahead of 77.14% of US stocks.
• The strongest trend for HTBK is in Growth, which has been heading down over the past 177 days.
• HTBK ranks lowest in Quality; there it ranks in the 22nd percentile.

HTBK Stock Summary

• With a price/earnings ratio of 6.83, HERITAGE COMMERCE CORP P/E ratio is greater than that of about just 15.53% of stocks in our set with positive earnings.
• The price/operating cash flow metric for HERITAGE COMMERCE CORP is higher than only 22.86% of stocks in our set with a positive cash flow.
• HTBK's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 86.3% of US stocks.
• If you're looking for stocks that are quantitatively similar to HERITAGE COMMERCE CORP, a group of peers worth examining would be BUSE, SSB, CBNK, EZFL, and SPFI.
• Visit HTBK's SEC page to see the company's official filings. To visit the company's web site, go to www.heritagecommercecorp.com.

HTBK Valuation Summary

• In comparison to the median Financial Services stock, HTBK's price/earnings ratio is 26.32% lower, now standing at 7.
• Over the past 243 months, HTBK's EV/EBIT ratio has gone up 0.7.

Below are key valuation metrics over time for HTBK.

HTBK Growth Metrics

Its 4 year net cashflow from operations growth rate is now at 55.11%.
• Its 2 year net cashflow from operations growth rate is now at 34.68%.
• Its year over year cash and equivalents growth rate is now at -15.65%.

HTBK's revenue has moved up $35,546,000 over the prior 33 months.

The table below shows HTBK's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	176.756	60.157	59.721
2022-06-30	168.044	62.262	55.37
2022-03-31	161.424	63.376	49.362
2021-12-31	158.947	56.849	47.7
2021-09-30	155.022	62.261	45.358
2021-06-30	150.481	53.334	42.837

HTBK's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• HTBK has a Quality Grade of D, ranking ahead of 24.45% of graded US stocks.
• HTBK's asset turnover comes in at 0.031 -- ranking 356th of 430 Banking stocks.
• NTRS, ACNB, and IBTX are the stocks whose asset turnover ratios are most correlated with HTBK.

The table below shows HTBK's key quality metrics over time.