Heritage Commerce Corp (HTBK): Price and Financial Metrics

HTBK POWR Grades

• Stability is the dimension where HTBK ranks best; there it ranks ahead of 87.32% of US stocks.
• The strongest trend for HTBK is in Stability, which has been heading up over the past 48 weeks.
• HTBK ranks lowest in Sentiment; there it ranks in the 9th percentile.

HTBK Stock Summary

• Heritage Commerce Corp's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than just 20.6% of US listed stocks.
• The ratio of debt to operating expenses for Heritage Commerce Corp is higher than it is for about 27.6% of US stocks.
• Equity multiplier, or assets relative to shareholders' equity, comes in at 8.32 for Heritage Commerce Corp; that's greater than it is for 87.13% of US stocks.
• Stocks with similar financial metrics, market capitalization, and price volatility to Heritage Commerce Corp are AMNB, AUB, FHB, CHCO, and CZNC.
• 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 45.45% higher, now standing at 16.
• HTBK's price/sales ratio has moved up 2.7 over the prior 243 months.
• HTBK's price/sales ratio has moved up 2.7 over the prior 243 months.

Below are key valuation metrics over time for HTBK.

HTBK Growth Metrics

• The 3 year net cashflow from operations growth rate now stands at 39.78%.
• Its 4 year price growth rate is now at -21.6%.
• Its 5 year net income to common stockholders growth rate is now at 114.75%.

HTBK's revenue has moved up $32,317,000 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
2021-06-30	150.481	53.334	42.837
2021-03-31	148.847	58.62	44.642
2020-12-31	138.579	58.086	35.299
2020-09-30	139.369	52.289	29.361
2020-06-30	136.625	58.606	29.441
2020-03-31	135.142	47.055	30.176

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 24.85% of graded US stocks.
• HTBK's asset turnover comes in at 0.031 -- ranking 362nd of 437 Banking stocks.
• ACNB, BOCH, and MSBI are the stocks whose asset turnover ratios are most correlated with HTBK.

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