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Heritage Commerce Corp (HTBK)

NASDAQ: HTBK · IEX Real-Time Price · USD
11.60 -0.19 (-1.57%)
Oct 21, 2021 1:54 PM EDT - Market open
Market Cap706.83M
Revenue (ttm)150.48M
Net Income (ttm)42.84M
Shares Out60.10M
EPS (ttm)0.71
PE Ratio16.33
Forward PE13.40
Dividend$0.52 (4.48%)
Ex-Dividend DateAug 11, 2021
Volume23,873
Open11.81
Previous Close11.78
Day's Range11.60 - 11.88
52-Week Range6.60 - 12.38
Beta1.18
AnalystsBuy
Price Target13.00 (+12.1%)
Est. Earnings DateOct 28, 2021

About HTBK

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 capi...

IndustryBanks
IPO DateJul 30, 1998
CEOKeith Wilton
Employees330
Stock ExchangeNASDAQ
Ticker SymbolHTBK
Full Company Profile

Financial Performance

In 2020, HTBK's revenue was $138.58 million, a decrease of -1.86% compared to the previous year's $141.21 million. Earnings were $35.30 million, a decrease of -12.76%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for HTBK stock is "Buy." The 12-month stock price forecast is 13.00, which is an increase of 12.12% from the latest price.

Price Target
$13.00
(12.12% upside)
Analyst Consensus: Buy

News

Is Heritage Commerce (HTBK) Stock a Solid Choice Right Now?

Heritage Commerce (HTBK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

1 month ago - Zacks Investment Research

Maria DeBenedetti Joins Heritage Bank of Commerce as SVP, Relationship Manager for Oak Valley Region

SAN JOSE, Calif., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Heritage Bank of Commerce (the “Bank”), a subsidiary of Heritage Commerce Corp. (Nasdaq: HTBK), today announced that Maria DeBenedetti joined the Bank...

1 month ago - GlobeNewsWire

New Strong Sell Stocks for July 23rd

FDMT, BOOM, FRPT, GEL and HTBK have been added to the Zacks Rank #5 (Strong Sell) List on July 23, 2021.

Other symbols:BOOMFDMTFRPTGEL
2 months ago - Zacks Investment Research

Heritage Commerce (HTBK) Misses Q2 Earnings and Revenue Estimates

Heritage Commerce (HTBK) delivered earnings and revenue surprises of -16.67% and -3.30%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share

SAN JOSE, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors declared its reg...

2 months ago - GlobeNewsWire

Heritage Commerce Corp Earns $8.8 Million for the Second Quarter of 2021, and $20.0 Million for the First Six Months ...

SAN JOSE, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced second quarter ...

2 months ago - GlobeNewsWire

Heritage Commerce (HTBK) to Report Q2 Results: What to Expect

Heritage Commerce (HTBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

3 Small Bank Stocks With Big Dividends

These banks may fly more under the radar, but most of them are well run and have strong dividend yields.

Other symbols:NTBNWBI
3 months ago - The Motley Fool

Heritage Bank of Commerce Builds Out National Specialty Finance Group

SAN JOSE, Calif., June 29, 2021 (GLOBE NEWSWIRE) -- Heritage Bank of Commerce (the “Bank”), a subsidiary of Heritage Commerce Corp (Nasdaq: HTBK), today announced that the Bank continues to expand its S...

3 months ago - GlobeNewsWire

Heritage Commerce (HTBK) Q1 Earnings Match Estimates

Heritage Commerce (HTBK) delivered earnings and revenue surprises of 0.00% and -1.92%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share

SAN JOSE, Calif., April 22, 2021 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors declared its re...

5 months ago - GlobeNewsWire

Heritage Commerce Corp Earns $11.2 Million for the First Quarter of 2021

SAN JOSE, Calif., April 22, 2021 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced first quarter ...

5 months ago - GlobeNewsWire

Heritage Commerce (HTBK) Earnings Expected to Grow: Should You Buy?

Heritage Commerce (HTBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Chief Executive Officer of Heritage Commerce Corp Steps Down and Former Chief Executive Officer to Rejoin Company

SAN JOSE, Calif., March 15, 2021 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced that on March ...

7 months ago - GlobeNewsWire

Phil Fortino Joins Heritage Bank of Commerce as Market Manager in Hollister

SAN JOSE, Calif., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Heritage Bank of Commerce (the “Bank”), a subsidiary of Heritage Commerce Corp (Nasdaq: HTBK), is pleased to announce that Phil Fortino has joined the...

8 months ago - GlobeNewsWire

Heritage Commerce (HTBK) Matches Q4 Earnings Estimates

Heritage Commerce (HTBK) delivered earnings and revenue surprises of 0.00% and -3.18%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Heritage Commerce Corp Reports Earnings of $11.6 Million for the Fourth Quarter of 2020 and $35.3 Million for 2020

SAN JOSE, Calif., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced fourth quarter ...

8 months ago - GlobeNewsWire

Heritage Commerce Corp.: Reliable Rising Dividends

Heritage Commerce Corp.: Reliable Rising Dividends

9 months ago - Seeking Alpha

Heritage Commerce Corp.: A Bet On California's Eventual Reopen

COVID-19 has decimated banks, but the stocks in this sector have started perking up, thanks to an improved outlook for 2021. While loans and deposits are up, asset quality is relatively stable.

11 months ago - Seeking Alpha

Heritage Commerce (HTBK) Beats Q3 Earnings Estimates

Heritage Commerce (HTBK) delivered earnings and revenue surprises of 11.76% and -4.64%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

Heritage Commerce Corp Reports Earnings of $11.2 Million for the Third Quarter of 2020

SAN JOSE, Calif., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK) , the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced third quarter ...

11 months ago - GlobeNewsWire

Analysts Estimate Heritage Commerce (HTBK) to Report a Decline in Earnings: What to Look Out for

Heritage Commerce (HTBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

Heritage Commerce Corp and Heritage Bank of Commerce Complete San Jose Headquarters and Branch Relocation

SAN JOSE, Calif., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), and its principal subsidiary Heritage Bank of Commerce, the premier community business bank of the San Franc...

1 year ago - GlobeNewsWire

Heritage Commerce (HTBK) Q2 Earnings Beat Estimates

Heritage Commerce (HTBK) delivered earnings and revenue surprises of 50.00% and -3.75%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Heritage Commerce Corp Declares Quarterly Cash Dividend of $0.13 Per Share

SAN JOSE, Calif., July 23, 2020 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors declared its...

1 year ago - GlobeNewsWire