Heritage Commerce Corp (HTBK): Price and Financial Metrics

HTBK POWR Grades

• Growth is the dimension where HTBK ranks best; there it ranks ahead of 87.37% of US stocks.
• HTBK's strongest trending metric is Stability; it's been moving down over the last 177 days.
• HTBK ranks lowest in Quality; there it ranks in the 10th percentile.

HTBK Stock Summary

• The capital turnover (annual revenue relative to shareholder's equity) for HTBK is 0.29 -- better than merely 22.17% of US stocks.
• With a price/sales ratio of 4.28, HERITAGE COMMERCE CORP has a higher such ratio than 72.05% of stocks in our set.
• HTBK's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 88.87% 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 HTBI, SSB, COLB, IBTX, and CATY.
• 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/earnings ratio is 12.8; this is 8.47% higher than that of the median Financial Services stock.
• HTBK's EV/EBIT ratio has moved up 7 over the prior 243 months.

Below are key valuation metrics over time for HTBK.

HTBK Growth Metrics

The 4 year net income to common stockholders growth rate now stands at 12.58%.
• The 5 year cash and equivalents growth rate now stands at 54.04%.
• The 5 year net cashflow from operations growth rate now stands at 55.11%.

HTBK's revenue has moved up $73,865,000 over the prior 67 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.