Heritage Commerce Corp HTBK
Set alert
At close · Apr 17
After hours · Apr 17, 4:00 PM ET
- YTD
- +11.99%
- 1 year
- +54.60%
- Open
- 13.22
- Prev close
- 13.45
- Mkt cap
- 583.61M
- Vol
- 3.20M
- Avg vol
- 335.21K
- EPS
- 0.71
- P/E
- 13.41
- Div yield
- 5.42%
More statistics
- Low
- 13.21
- High
- 13.74
- Forward P/E
- 13.60
- Beta
- 0.91
- Short ratio
- 2.55
- Inst. own
- 78.19%
- Dividend
- 0.52
- Ex-div date
- Nov 6, 2024
- Earnings
- Jan 23, 2025
- 50-d avg
- 10.22
- 200-d avg
- 9.25
- 1y target
- 11.75
Key statistics
- Market cap
- 583.61M
- Enterprise value
- -296.88M
- Trailing P/E
- 13.41
- Forward P/E
- 13.60
- PEG ratio
- 0.00
- Price / sales
- 3.45
- Price / book
- 0.85
- EPS (TTM)
- 0.71
- Beta
- 0.91
- Dividend yield
- 5.42%
- Payout ratio
- 73.24%
- Profit margin
- 25.56%
- Revenue (TTM)
- 169.17M
- Revenue growth
- -11.40%
- Free cash flow
- 0
- Total cash
- 956.31M
- Total debt
- 71.53M
- Return on equity
- 6.42%
- Shares outstanding
- 61.30M
- Short % of float
- 1.87%
- 50-day average
- 10.22
- 200-day average
- 9.25
Analyst view
Consensus: buy
- Target (low)
- 11.00
- Target (mean)
- 11.75
- Target (high)
- 12.50
- Strong buy3
- Buy2
- Hold1
- Sell0
- Strong sell0
Next earnings
Jan 23, 2025
Expected Jan 23, 2025. Consensus EPS estimate 0.17167.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jan 23, 2025 | Dec 1, 2024 | 0.18 | — | — | — |
| Oct 24, 2024 | Sep 1, 2024 | 0.17 | 0.17 | 0.00 | 0.00% |
| Jul 25, 2024 | Jun 1, 2024 | 0.19 | 0.15 | -0.04 | -21.05% |
| Apr 25, 2024 | Mar 1, 2024 | 0.19 | 0.17 | -0.02 | -10.53% |
| Jan 25, 2024 | Dec 1, 2023 | 0.24 | 0.22 | -0.02 | -8.33% |
| Oct 26, 2023 | Sep 1, 2023 | 0.26 | 0.26 | 0.00 | 0.00% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 26, 2024 | Piper Sandler | main | Overweight | Overweight |
| Jul 26, 2024 | Keefe, Bruyette & Woods | main | Outperform | Outperform |
| Apr 26, 2024 | Piper Sandler | main | Overweight | Overweight |
| Jan 26, 2024 | Piper Sandler | main | Overweight | Overweight |
| Jan 26, 2024 | Keefe, Bruyette & Woods | main | Outperform | Outperform |
| Jan 5, 2024 | Raymond James | main | Outperform | Outperform |
About Heritage Commerce Corp
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. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Country
- United States
News
- Heritage Commerce Corp $HTBK Shares Sold by Empowered Funds LLC
- A Look at Heritage Commerce Corp (HTBK) After 3.1% Gain -- GF Value $10.41 vs Price $13.45
- Heritage Commerce Corp (HTBK) Stock Up 3.1% but GF Value Says Overvalued -- GF Score: 68/100
- CVB Financial Completes Merger With Heritage Commerce
- CVB Financial Corp. Announces Completion of Merger with Heritage Commerce Corp
- Heritage Commerce (NASDAQ:HTBK) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?
- CVB Financial, Heritage Commerce Receives Shareholders' Approval For Proposed Merger
- Proposed Merger Approved by Shareholders of CVB Financial Corp. and Shareholders of Heritage Commerce Corp.
- New Strong Buy Stocks for March 12th
- Best Income Stocks to Buy for March 12th
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| CABRAL BRUCE H | Director | Conversion of Exercise of derivative security | Nov 25, 2024 | 124,202 |
| CONNER JACK W | Director | Stock Award(Grant) | Mar 7, 2024 | 165,876 |
| DINAPOLI JASON PHILIP | Director | Stock Award(Grant) | Mar 7, 2024 | 392,612 |
| HUSAIN KAMRAN F | Director | Stock Award(Grant) | Mar 7, 2024 | 19,072 |
| JONES ROBERTSON CLAY JR | Chief Executive Officer | Conversion of Exercise of derivative security | Nov 25, 2024 | 245,439 |
| MCGOVERN LAWRENCE D | Chief Financial Officer | Stock Award(Grant) | May 1, 2024 | 139,689 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 13.43% | 8,230,844 | 78.36M | Sep 29, 2024 |
| FJ Capital Management LLC | 5.93% | 3,635,570 | 34.61M | Sep 29, 2024 |
| Vanguard Group Inc | 5.59% | 3,427,215 | 32.63M | Sep 29, 2024 |
| Dimensional Fund Advisors LP | 5.32% | 3,262,544 | 31.06M | Sep 29, 2024 |
| JP Morgan Chase & Company | 3.77% | 2,313,035 | 22.02M | Sep 29, 2024 |
| Wellington Management Group, LLP | 3.32% | 2,033,715 | 19.36M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 3.00% | 1,838,761 | 17.51M | Sep 29, 2024 |
| iShares Russell 2000 ETF | 2.98% | 1,824,477 | 17.37M | Oct 30, 2024 |
| Vanguard Extended Market Index Fund | 1.63% | 999,962 | 9.52M | Sep 29, 2024 |
| Avantis U.S. Small Cap Value ETF | 1.48% | 905,728 | 8.62M | Sep 29, 2024 |
| John Hancock Regional Bank Fund (Investors Tr) | 1.10% | 675,867 | 6.43M | Oct 30, 2024 |
| BlackRock Advantage Small Cap Core Fund | 1.09% | 667,385 | 6.35M | Aug 30, 2024 |