Heritage Commerce Corp (HTBK): Price and Financial Metrics

Heritage Commerce Corp (HTBK): $8.02

0.11 (-1.35%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

D

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Industry: Pacific Regional Banks

Industry

F

Ranked

#24 of 42

in industry

HTBK Price/Volume Stats

Current price $8.02 52-week high $10.22
Prev. close $8.13 52-week low $6.69
Day low $8.00 Volume 567,000
Day high $8.14 Avg. volume 423,032
50-day MA $8.73 Dividend yield 6.4%
200-day MA $8.78 Market Cap 490.58M

HTBK Stock Price Chart Interactive Chart >

HTBK POWR Grades

  • HTBK scores best on the Sentiment dimension, with a Sentiment rank ahead of 84.48% of US stocks.
  • HTBK's strongest trending metric is Growth; it's been moving down over the last 26 weeks.
  • HTBK ranks lowest in Growth; there it ranks in the 14th percentile.

HTBK Stock Summary

  • The capital turnover (annual revenue relative to shareholder's equity) for HTBK is 0.3 -- better than just 22.74% of US stocks.
  • HTBK's current price/earnings ratio is 8.17, which is higher than only 14.81% of US stocks with positive earnings.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 8.25 for HERITAGE COMMERCE CORP; that's greater than it is for 86.44% of US stocks.
  • Stocks that are quantitatively similar to HTBK, based on their financial statements, market capitalization, and price volatility, are BANF, SSB, PBFS, PFC, and BUSE.
  • 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

  • HTBK's price/sales ratio is 3; this is 150% higher than that of the median Financial Services stock.
  • HTBK's price/sales ratio has moved down 0.1 over the prior 243 months.

Below are key valuation metrics over time for HTBK.

Stock Date P/S P/B P/E EV/EBIT
HTBK 2023-12-22 3.0 0.9 8.5 0.0
HTBK 2023-12-21 3.0 0.9 8.3 -0.1
HTBK 2023-12-20 3.0 0.9 8.4 0.0
HTBK 2023-12-19 3.0 0.9 8.4 0.0
HTBK 2023-12-18 2.9 0.9 8.2 -0.2
HTBK 2023-12-15 2.9 0.9 8.2 -0.2

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.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.031 1 0.017
2021-03-31 0.032 1 0.018
2020-12-31 0.031 1 0.014
2020-09-30 0.032 1 0.012
2020-06-30 0.034 1 0.012
2020-03-31 0.037 1 0.014

HTBK Price Target

For more insight on analysts targets of HTBK, see our HTBK price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $13.00 Average Broker Recommendation 1.5 (Moderate Buy)

Heritage Commerce Corp (HTBK) Company Bio


Heritage Commerce Corp provides commercial and personal banking services to customers in California. The company was founded in 1993 and is based in San Jose, California.


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Latest HTBK News From Around the Web

Below are the latest news stories about HERITAGE COMMERCE CORP that investors may wish to consider to help them evaluate HTBK as an investment opportunity.

With 73% institutional ownership, Heritage Commerce Corp (NASDAQ:HTBK) is a favorite amongst the big guns

Key Insights Institutions' substantial holdings in Heritage Commerce implies that they have significant influence over...

Yahoo | December 9, 2023

Heritage Commerce (HTBK) Surges 6.8%: Is This an Indication of Further Gains?

Heritage Commerce (HTBK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Yahoo | December 4, 2023

Heritage Commerce (NASDAQ:HTBK) Could Be A Buy For Its Upcoming Dividend

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

Yahoo | November 1, 2023

Heritage Commerce's (NASDAQ:HTBK) Dividend Will Be $0.13

The board of Heritage Commerce Corp ( NASDAQ:HTBK ) has announced that it will pay a dividend on the 21st of November...

Yahoo | October 31, 2023

Heritage Commerce Corp (HTBK) Reports Q3 2023 Earnings of $15.8 Million

A Detailed Look at the Company's Financial Performance and Position

Yahoo | October 27, 2023

Read More 'HTBK' Stories Here

HTBK Price Returns

1-mo -4.18%
3-mo -17.20%
6-mo -1.20%
1-year -0.72%
3-year -23.78%
5-year -15.23%
YTD -17.87%
2023 -19.19%
2022 13.59%
2021 41.02%
2020 -26.22%
2019 17.61%

HTBK Dividends

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Continue Researching HTBK

Here are a few links from around the web to help you further your research on Heritage Commerce Corp's stock as an investment opportunity:

Heritage Commerce Corp (HTBK) Stock Price | Nasdaq
Heritage Commerce Corp (HTBK) Stock Quote, History and News - Yahoo Finance
Heritage Commerce Corp (HTBK) Stock Price and Basic Information | MarketWatch

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