Heritage Commerce Corp
General ticker "HTBK" information:
- Sector: Financials
- Industry: Banks - Regional
- Capitalization: $600.5M (TTM average)
Heritage Commerce Corp follows the US Stock Market performance with the rate: 65.0%.
Estimated limits based on current volatility of 1.9%: low 12.12$, high 12.59$
Factors to consider:
- Company pays dividends (quarterly): last record date 2026-02-05, amount 0.13$ (Y4.25%)
- Total employees count: 340 as of 2022
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Cybersecurity threats, Third-party risks, Labor/talent shortage/retention, Geographic concentration, Liquidity and credit risks
- Earnings for 12 months up through Q4 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [9.27$, 12.31$]
- 2025-12-31 to 2026-12-31 estimated range: [9.60$, 12.80$]
Financial Metrics affecting the HTBK estimates:
- Positive: with PPE of 14.4 at the end of fiscal year the price was low
- Positive: Operating profit margin, % of 22.54 > 18.38
- Positive: 6.64 < Operating cash flow per share per price, % of 6.65
- Positive: -3.43 < Return on assets ratio (scaled to [-100,100]) of 0.71
- Negative: Shareholder equity ratio, % of 12.22 <= 19.40
- Positive: Industry earnings per price (median), % of 6.49 > 4.49
- Positive: Industry operating cash flow per share per price (median), % of 10.58 > 10.29
- Positive: Investing cash flow per share per price, % of 18.87 > -0.63
- Positive: Industry operating profit margin (median), % of 20.70 > 9.59
Short-term HTBK quotes
Long-term HTBK plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $198.94MM | $243.30MM | $251.45MM |
| Operating Expenses | $104.57MM | $152.88MM | $194.77MM |
| Operating Income | $94.37MM | $90.42MM | $56.67MM |
| Interest Expense | $8.95MM | $51.07MM | $79.05MM |
| Income(Loss) | $94.37MM | $90.42MM | $56.67MM |
| Taxes | $27.81MM | $25.98MM | $16.15MM |
| Profit(Loss)* | $66.56MM | $64.44MM | $40.53MM |
| Stockholders Equity | $632.46MM | $672.90MM | $689.73MM |
| Assets | $5,157.58MM | $5,194.10MM | $5,645.01MM |
| Operating Cash Flow | $69.85MM | $73.01MM | $38.97MM |
| Capital expenditure | $0.78MM | $1.67MM | $1.62MM |
| Investing Cash Flow | $-669.49MM | $70.18MM | $110.62MM |
| Financing Cash Flow | $-399.98MM | $-41.67MM | $410.40MM |
| Earnings Per Share** | $1.10 | $1.06 | $0.66 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.