Heritage Commerce Corp (HTBK): Price and Financial Metrics

HTBK POWR Grades

• Stability is the dimension where HTBK ranks best; there it ranks ahead of 94.03% of US stocks.
• The strongest trend for HTBK is in Growth, which has been heading up over the past 178 days.
• HTBK's current lowest rank is in the Quality metric (where it is better than 22.19% of US stocks).

HTBK Stock Summary

• HERITAGE COMMERCE CORP's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than only 21.96% of US listed stocks.
• HTBK's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 89.38% of US stocks.
• In terms of volatility of its share price, HTBK is more volatile than just 2.92% of stocks we're observing.
• If you're looking for stocks that are quantitatively similar to HERITAGE COMMERCE CORP, a group of peers worth examining would be ABTX, FBMS, BUSE, CATY, and SSBK.
• 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 EV/EBIT ratio is 118% lower, now standing at -1.8.
• Over the past 243 months, HTBK's price/earnings ratio has gone down 2.8.

Below are key valuation metrics over time for HTBK.

HTBK Growth Metrics

Its 2 year net income to common stockholders growth rate is now at 63.58%.
• The 3 year revenue growth rate now stands at 23.5%.
• Its 3 year cash and equivalents growth rate is now at 417.99%.

Over the past 70 months, HTBK's revenue has gone up $67,763,000.

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
2022-06-30	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
2021-03-31	148.847	58.62	44.642

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.