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Financial Services - Banks - Regional - NASDAQ - US
$ 9.42
-0.108 %
$ 580 M
Market Cap
13.59
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one HTBK stock under the worst case scenario is HIDDEN Compared to the current market price of 9.42 USD, Heritage Commerce Corp is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one HTBK stock under the base case scenario is HIDDEN Compared to the current market price of 9.42 USD, Heritage Commerce Corp is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one HTBK stock under the best case scenario is HIDDEN Compared to the current market price of 9.42 USD, Heritage Commerce Corp is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart HTBK

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$11.0$11.0$10.5$10.5$10.0$10.0$9.5$9.5$9.0$9.0$8.5$8.5$8.0$8.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
170 M REVENUE
-11.08%
56.7 M OPERATING INCOME
-37.32%
40.5 M NET INCOME
-37.11%
39 M OPERATING CASH FLOW
-46.62%
111 M INVESTING CASH FLOW
57.62%
410 M FINANCING CASH FLOW
1084.99%
63.6 M REVENUE
41.32%
16.3 M OPERATING INCOME
-31.57%
11.6 M NET INCOME
9.46%
14.8 M OPERATING CASH FLOW
-6.24%
-94.1 M INVESTING CASH FLOW
-8.52%
-144 M FINANCING CASH FLOW
-173.75%
Balance Sheet Heritage Commerce Corp
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Current Assets 29.9 M
Cash & Short-Term Investments 29.9 M
Receivables 0
Other Current Assets 0
Non-Current Assets 5.62 B
Long-Term Investments 0
PP&E 10.1 M
Other Non-Current Assets 5.61 B
99.29 %Total Assets$5.6b
Current Liabilities 95.6 M
Accounts Payable 0
Short-Term Debt 24 K
Other Current Liabilities 95.6 M
Non-Current Liabilities 4.86 B
Long-Term Debt 39.7 M
Other Non-Current Liabilities 4.82 B
97.27 %Total Liabilities$5.0b
EFFICIENCY
Earnings Waterfall Heritage Commerce Corp
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Revenue 170 M
Cost Of Revenue 0
Gross Profit 170 M
Operating Expenses 79.6 M
Operating Income 56.7 M
Other Expenses 16.1 M
Net Income 40.5 M
180m180m160m160m140m140m120m120m100m100m80m80m60m60m40m40m20m20m00170m0170m(80m)57m(16m)41mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
33.29% OPERATING MARGIN
33.29%
23.80% NET MARGIN
23.80%
5.88% ROE
5.88%
0.72% ROA
0.72%
0.73% ROIC
0.73%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Heritage Commerce Corp
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80m80m70m70m60m60m50m50m40m40m30m30m20m20m10m10m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 40.5 M
Depreciation & Amortization 3.53 M
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital 0
Others -2.78 M
Free Cash Flow 37.3 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Heritage Commerce Corp
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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 6.16%
HTBK Average Price Target Wall Street Target
11.5 USD 22.08%
HTBK Highest Price Target Wall Street Target
12.5 USD 32.70%
Price
Max Price Target
Min Price Target
Average Price Target
131312121212111111111010101099998888Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
1.36% DIVIDEND YIELD
0.13 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.600.600.500.500.400.400.300.300.200.200.100.100.000.000.080.090.10.110.120.130.130.130.130.130.130.080.090.10.110.120.130.130.130.130.130.130.080.090.10.110.120.130.130.130.130.130.080.320.090.360.10.400.110.440.120.480.130.520.130.520.130.520.130.520.130.520.262015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Heritage Commerce Corp
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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 - 4 weeks 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 4 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 - 4 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 - 4 months ago
8. Profile Summary

Heritage Commerce Corp HTBK

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 580 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