Heritage Commerce Statistics

Total Valuation

HTBK has a market cap or net worth of $643.69 million. The enterprise value is $653.47 million.

Market Cap	643.69M
Enterprise Value	653.47M

Important Dates

The last earnings date was Thursday, January 23, 2025, after market close.

Earnings Date	Jan 23, 2025
Ex-Dividend Date	Feb 6, 2025

Share Statistics

HTBK has 61.30 million shares outstanding. The number of shares has increased by 0.35% in one year.

Current Share Class	61.30M
Shares Outstanding	61.30M
Shares Change (YoY)	+0.35%
Shares Change (QoQ)	+0.22%
Owned by Insiders (%)	3.97%
Owned by Institutions (%)	72.29%
Float	55.41M

Valuation Ratios

The trailing PE ratio is 15.91 and the forward PE ratio is 13.24.

PE Ratio	15.91
Forward PE	13.24
PS Ratio	3.78
Forward PS	3.41
PB Ratio	0.93
P/TBV Ratio	1.25
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	16.12
EV / Sales	3.84
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 5.95%.

Return on Equity (ROE)	5.95%
Return on Assets (ROA)	0.75%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$479,597
Profits Per Employee	$114,163
Employee Count	355
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, HTBK has paid $16.15 million in taxes.

Income Tax	16.15M
Effective Tax Rate	28.49%

Stock Price Statistics

The stock price has increased by +25.75% in the last 52 weeks. The beta is 0.94, so HTBK's price volatility has been similar to the market average.

Beta (5Y)	0.94
52-Week Price Change	+25.75%
50-Day Moving Average	9.78
200-Day Moving Average	9.55
Relative Strength Index (RSI)	62.99
Average Volume (20 Days)	468,755

Short Selling Information

The latest short interest is 423,761, so 0.69% of the outstanding shares have been sold short.

Short Interest	423,761
Short Previous Month	986,572
Short % of Shares Out	0.69%
Short % of Float	0.76%
Short Ratio (days to cover)	1.22

Income Statement

In the last 12 months, HTBK had revenue of $170.26 million and earned $40.53 million in profits. Earnings per share was $0.66.

Revenue	170.26M
Gross Profit	170.26M
Operating Income	56.67M
Pretax Income	68.20M
Net Income	40.53M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$0.66

Full Income Statement

Balance Sheet

The company has $29.86 million in cash and $39.65 million in debt, giving a net cash position of -$9.79 million or -$0.16 per share.

Cash & Cash Equivalents	29.86M
Total Debt	39.65M
Net Cash	-9.79M
Net Cash Per Share	-$0.16
Equity (Book Value)	689.73M
Book Value Per Share	11.24
Working Capital	-4.76B

Full Balance Sheet

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Full Cash Flow Statement

Margins

Gross Margin	n/a
Operating Margin	33.29%
Pretax Margin	33.29%
Profit Margin	23.80%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 4.95%.

Dividend Per Share	$0.52
Dividend Yield	4.95%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	78.79%
Buyback Yield	-0.35%
Shareholder Yield	4.60%
Earnings Yield	6.30%
FCF Yield	n/a

Dividend Details

Analyst Forecast

The average price target for HTBK is $11.50, which is 9.52% higher than the current price. The consensus rating is "Buy".

Price Target	$11.50
Price Target Difference	9.52%
Analyst Consensus	Buy
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

The last stock split was on February 3, 2000. It was a forward split with a ratio of 1.1:1.

Last Split Date	Feb 3, 2000
Split Type	Forward
Split Ratio	1.1:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	2