Financial Services -
Banks - Regional - NASDAQ - US
$ 9.3
0.977 %
$ 573 M
Market Cap
13.68
P/E
1. INTRINSIC VALUE
Balance Sheet
Heritage Commerce Corp
| Current Assets | 1.22 B |
| Cash & Short-Term Investments | 1.22 B |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 4.42 B |
| Long-Term Investments | 4.04 B |
| PP&E | 10.1 M |
| Other Non-Current Assets | 375 M |
| Current Liabilities | 4.82 B |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 4.82 B |
| Non-Current Liabilities | 135 M |
| Long-Term Debt | 39.7 M |
| Other Non-Current Liabilities | 95.6 M |
EFFICIENCY
Earnings Waterfall
Heritage Commerce Corp
| Revenue | 251 M |
| Cost Of Revenue | 81.2 M |
| Gross Profit | 170 M |
| Operating Expenses | 114 M |
| Operating Income | 56.7 M |
| Other Expenses | 16.1 M |
| Net Income | 40.5 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Heritage Commerce Corp
| Net Income | 40.5 M |
| Depreciation & Amortization | 3.53 M |
| Capital Expenditures | -1.62 M |
| Stock-Based Compensation | 2.84 M |
| Change in Working Capital | -5.15 M |
| Others | -2.78 M |
| Free Cash Flow | 37.3 M |
Wall Street Analysts Price Targets
Heritage Commerce Corp
Wall Street analysts predict an average 1-year price target for HTBK of $11.5 , with forecasts ranging from
a
low of
$10 to a high of $12.5 .
HTBK Lowest Price Target
Wall Street Target
10 USD
7.53%
HTBK Average Price Target
Wall Street Target
11.5 USD
23.66%
HTBK Highest Price Target
Wall Street Target
12.5 USD
34.41%
4. DIVIDEND
ANALYSIS
1.36%
DIVIDEND YIELD
0.13 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Heritage Commerce Corp
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
108 K USD 3
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Heritage Commerce Corp and Heritage Bank of Commerce Continue Board Leadership Succession
SAN JOSE, Calif., May 22, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (“Heritage” or “Company”), parent company of Heritage Bank of Commerce (the “Bank”), a premier community business bank, today announces the appointment of Julianne Biagini-Komas as Chair of the Board of Directors (the “Board”), replacing Chairman Jack W. Conner who has assumed the role of Chair Emeritus and has indicated he intends to remain on the Board to provide a smooth and orderly transition through October 2025. Ms. Biagini-Komas, a Certified Public Accountant, has served as Vice Chair of the Board since October 2024, as a director since 2014 and as the Chair of the Audit Committee since 2020.
globenewswire.com
- 1 month ago
KBRA Affirms Ratings for Heritage Commerce Corp
SAN JOSE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (the "Company"), parent company of Heritage Bank of Commerce (the "Bank"), announced today that Kroll Bond Rating Agency, LLC ("KBRA") affirmed the Company's senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2. KBRA also affirmed deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for the Bank. They graded the outlook of the long-term ratings for both the Company and the Bank as stable on May 9, 2025.
globenewswire.com
- 1 month ago
Heritage Commerce (HTBK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Heritage Commerce (HTBK) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 2 months ago
Heritage Commerce (HTBK) Q1 Earnings Top Estimates
Heritage Commerce (HTBK) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.17 per share a year ago.
zacks.com
- 2 months ago
Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share
SAN JOSE, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors had declared its regular quarterly cash dividend of $0.13 per share to holders of its common stock. The dividend will be payable on May 22, 2025, to shareholders of record at the close of the business day on May 8, 2025. Heritage Commerce Corp has paid a cash dividend each quarter since 2013.
globenewswire.com
- 2 months ago
Heritage Commerce Corp Reports First Quarter 2025 Financial Results
SAN JOSE, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), (the “Company”), the holding company for Heritage Bank of Commerce (the “Bank”) today announced its financial results for the first quarter of 2025. All data are unaudited.
globenewswire.com
- 2 months ago
New Strong Buy Stocks for March 27th
HTBK, TAP, ASLE, EFSC and HSNGY have been added to the Zacks Rank #1 (Strong Buy) List on March 27, 2025.
zacks.com
- 2 months ago
Best Income Stocks to Buy for March 27th
HSNGY, HTBK and TAP made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 27, 2025.
zacks.com
- 2 months ago
Heritage Commerce Corp and Heritage Bank of Commerce Announce Appointment of Janisha Sabnani as General Counsel
SAN JOSE, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (“Company”), parent company of Heritage Bank of Commerce (“Bank”), today announced the appointment of Janisha Sabnani as Executive Vice President and General Counsel of the Company and the Bank. As General Counsel, Ms. Sabnani will report directly to Chief Executive Officer (“CEO”) Robertson “Clay” Jones and will have primary responsibility for advising executive management, directors, and business unit executives on all legal and regulatory matters. With over fifteen years' experience in financial services and private practice, Ms. Sabnani brings a wealth of knowledge and expertise to our team.
globenewswire.com
- 4 months ago
Here's What Key Metrics Tell Us About Heritage Commerce (HTBK) Q4 Earnings
The headline numbers for Heritage Commerce (HTBK) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 5 months ago
Heritage Commerce (HTBK) Misses Q4 Earnings Estimates
Heritage Commerce (HTBK) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.22 per share a year ago.
zacks.com
- 5 months ago
Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share
SAN JOSE, Calif., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors had declared its regular quarterly cash dividend of $0.13 per share to holders of its common stock. The dividend will be payable on February 20, 2025, to shareholders of record at the close of the business day on February 6, 2025. Heritage Commerce Corp has paid a cash dividend each quarter since 2013.
globenewswire.com
- 5 months ago
8. Profile
Summary
Heritage Commerce Corp HTBK
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 573 M
Dividend Yield
1.36%
Description
Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. Its deposit products for business banking and retail markets include interest and non-interest bearing demand, savings, and money market accounts, as well as certificates of deposit and time deposits. The company's loan portfolio comprises commercial loans, such as operating secured and unsecured loans advanced for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial construction loans for rental properties, commercial buildings, and homes; small business administration loans; home equity lines of credit; multifamily loans on residential properties; residential mortgage loans; and consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes. In addition, it offers other banking services, including cashier's checks, bank by mail, night depositories, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer, online bill pay, homeowner association, remote deposit capture, automated clearing house origination, electronic data interchange, and check imaging services, as well as other customary banking, factoring financing, and electronic banking services. The company operates through 17 full-service branch offices located in the general San Francisco Bay Area of California. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California.
Contact
224 Airport Parkway, San Jose, CA, 95110
https://www.heritagecommercecorp.com
IPO
Date
July 20, 1998
Employees
350
Officers
Ms. Janisha Sabnani
Executive Vice President & General Counsel
Mr. Thomas A. Sa CPA
Executive Vice President, Interim Chief Financial Officer & Chief Operating Officer
Ms. Deborah K. Reuter
Executive Vice President, Chief Risk Officer & Corporate Secretary
Mr. Dustin M. Warford
Executive Vice President & Chief Banking Officer of Heritage Bank of Commerce
Mr. Sachin Vaidya
Executive Vice President & Chief Information Officer
Ms. Suzanne Crocker
Senior Vice President of Marketing & Communications
Ms. Susan S. Just
Executive Vice President & Chief Credit Officer of Heritage Bank of Commerce
Ms. May K. Y. Wong
Executive Vice President & Controller
Mr. Michael V. Hansen
Senior Vice President of Corporate Finance Division
Mr. Robertson Jones
President, Chief Executive Officer & Director