Heritage Commerce Corp (HTBK): Price and Financial Metrics

HTBK POWR Grades

• HTBK scores best on the Stability dimension, with a Stability rank ahead of 93.35% of US stocks.
• The strongest trend for HTBK is in Momentum, which has been heading up over the past 179 days.
• HTBK ranks lowest in Value; there it ranks in the 23rd percentile.

HTBK Stock Summary

• The capital turnover (annual revenue relative to shareholder's equity) for HTBK is 0.27 -- better than merely 20.93% of US stocks.
• HTBK's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 89.18% of US stocks.
• In terms of volatility of its share price, HTBK is more volatile than only 6.24% 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 AUB, AMNB, EQBK, BFST, and BFC.
• 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

Its 4 year net income to common stockholders growth rate is now at 81.6%.
• Its 4 year revenue growth rate is now at 48.59%.
• The year over year revenue growth rate now stands at 10.14%.

Over the past 70 months, HTBK's revenue has gone up $68,000,000.

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
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
2020-12-31	138.579	58.086	35.299
2020-09-30	139.369	52.289	29.361

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.