Heritage Commerce Corp (HTBK)

Heritage Commerce Statistics

Total Valuation

HTBK has a market cap or net worth of $584.94 million. The enterprise value is -$312.97 million.

Market Cap	584.94M
Enterprise Value	-312.97M

Important Dates

The next estimated earnings date is Thursday, April 24, 2025, after market close.

Earnings Date	Apr 24, 2025
Ex-Dividend Date	Feb 6, 2025

Share Statistics

HTBK has 61.44 million shares outstanding. The number of shares has increased by 0.35% in one year.

Current Share Class	61.44M
Shares Outstanding	61.44M
Shares Change (YoY)	+0.35%
Shares Change (QoQ)	+0.22%
Owned by Insiders (%)	4.05%
Owned by Institutions (%)	67.34%
Float	55.49M

Valuation Ratios

The trailing PE ratio is 14.42 and the forward PE ratio is 12.00.

PE Ratio	14.42
Forward PE	12.00
PS Ratio	3.43
Forward PS	3.10
PB Ratio	0.85
P/TBV Ratio	1.13
P/FCF Ratio	15.66
P/OCF Ratio	15.01
PEG Ratio	n/a

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	1.88
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 +11.36% in the last 52 weeks. The beta is 0.90, so HTBK's price volatility has been lower than the market average.

Beta (5Y)	0.90
52-Week Price Change	+11.36%
50-Day Moving Average	9.94
200-Day Moving Average	9.77
Relative Strength Index (RSI)	40.69
Average Volume (20 Days)	313,288

Short Selling Information

The latest short interest is 1.04 million, so 1.70% of the outstanding shares have been sold short.

Short Interest	1.04M
Short Previous Month	954,985
Short % of Shares Out	1.70%
Short % of Float	1.88%
Short Ratio (days to cover)	2.32

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

Balance Sheet

The company has $968.12 million in cash and $70.22 million in debt, giving a net cash position of $897.90 million or $14.61 per share.

Cash & Cash Equivalents	968.12M
Total Debt	70.22M
Net Cash	897.90M
Net Cash Per Share	$14.61
Equity (Book Value)	689.73M
Book Value Per Share	11.24
Working Capital	-3.85B

Cash Flow

In the last 12 months, operating cash flow was $38.97 million and capital expenditures -$1.62 million, giving a free cash flow of $37.35 million.

Operating Cash Flow	38.97M
Capital Expenditures	-1.62M
Free Cash Flow	37.35M
FCF Per Share	$0.61

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	21.94%

Dividends & Yields

This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 5.45%.

Dividend Per Share	$0.52
Dividend Yield	5.45%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	78.79%
Buyback Yield	-0.35%
Shareholder Yield	5.10%
Earnings Yield	6.93%
FCF Yield	6.38%

Analyst Forecast

The average price target for HTBK is $11.50, which is 20.80% higher than the current price. The consensus rating is "Buy".

Price Target	$11.50
Price Target Difference	20.80%
Analyst Consensus	Buy
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

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