Heritage Commerce Statistics

Total Valuation

HTBK has a market cap or net worth of $587.90 million. The enterprise value is -$296.88 million.

Market Cap	587.90M
Enterprise Value	-296.88M

Important Dates

The next estimated earnings date is Thursday, January 23, 2025, after market close.

Earnings Date	Jan 23, 2025
Ex-Dividend Date	Nov 7, 2024

Share Statistics

HTBK has 61.30 million shares outstanding. The number of shares has increased by 0.28% in one year.

Current Share Class	61.30M
Shares Outstanding	61.30M
Shares Change (YoY)	+0.28%
Shares Change (QoQ)	+0.18%
Owned by Insiders (%)	3.92%
Owned by Institutions (%)	71.41%
Float	55.19M

Valuation Ratios

The trailing PE ratio is 13.58 and the forward PE ratio is 13.86.

PE Ratio	13.58
Forward PE	13.86
PS Ratio	3.47
Forward PS	3.46
PB Ratio	0.86
P/TBV Ratio	1.15
P/FCF Ratio	35.38
P/OCF Ratio	31.66
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
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	4.30
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 6.42%.

Return on Equity (ROE)	6.42%
Return on Assets (ROA)	0.79%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$484,734
Profits Per Employee	$123,883
Employee Count	349
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, HTBK has paid $17.17 million in taxes.

Income Tax	17.17M
Effective Tax Rate	28.42%

Stock Price Statistics

The stock price has decreased by -2.74% in the last 52 weeks. The beta is 0.92, so HTBK's price volatility has been similar to the market average.

Beta (5Y)	0.92
52-Week Price Change	-2.74%
50-Day Moving Average	10.22
200-Day Moving Average	9.25
Relative Strength Index (RSI)	29.47
Average Volume (20 Days)	341,144

Short Selling Information

The latest short interest is 940,445, so 1.53% of the outstanding shares have been sold short.

Short Interest	940,445
Short Previous Month	520,240
Short % of Shares Out	1.53%
Short % of Float	1.70%
Short Ratio (days to cover)	2.55

Income Statement

In the last 12 months, HTBK had revenue of $169.17 million and earned $43.24 million in profits. Earnings per share was $0.71.

Revenue	169.17M
Gross Profit	169.17M
Operating Income	60.40M
Pretax Income	68.20M
Net Income	43.24M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$0.71

Full Income Statement

Balance Sheet

The company has $956.31 million in cash and $71.53 million in debt, giving a net cash position of $884.78 million or $14.43 per share.

Cash & Cash Equivalents	956.31M
Total Debt	71.53M
Net Cash	884.78M
Net Cash Per Share	$14.43
Equity (Book Value)	685.35M
Book Value Per Share	11.18
Working Capital	-3.77B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $18.57 million and capital expenditures -$1.96 million, giving a free cash flow of $16.62 million.

Operating Cash Flow	18.57M
Capital Expenditures	-1.96M
Free Cash Flow	16.62M
FCF Per Share	$0.27

Full Cash Flow Statement

Margins

Gross Margin	n/a
Operating Margin	35.70%
Pretax Margin	35.70%
Profit Margin	25.56%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	9.82%

Dividends & Yields

This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 5.42%.

Dividend Per Share	$0.52
Dividend Yield	5.42%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	73.63%
Buyback Yield	-0.28%
Shareholder Yield	5.14%
Earnings Yield	7.35%
FCF Yield	2.83%

Dividend Details

Analyst Forecast

The average price target for HTBK is $11.50, which is 19.92% higher than the current price. The consensus rating is "Buy".

Price Target	$11.50
Price Target Difference	19.92%
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	3