Heritage Commerce Corp.
General ticker "HTBK" information:
- Sector: Financials
- Industry: Banks
- Capitalization: $636.8M
Heritage Commerce Corp. follows the US Stock Market performance with the rate: 46.3%.
Estimated limits based on current volatility of 2.1%: low 9.56$, high 9.98$
Factors to consider:
- Company pays dividends: last record date 2024-11-07, amount 0.13$ (Y5.42%)
- Price in estimated range
- Earnings for 9 months up through Q3 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 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [7.59$, 10.95$]
- 2024-12-30 to 2025-12-30 estimated range: [8.98$, 12.51$]
Financial Metrics affecting the HTBK estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.05
- Positive: Operating profit margin, % of 47.22 > 19.51
- Positive: Operating cash flow per share per price, % of 12.91 > 12.76
- Negative: Interest expense per share, $ of 0.84 > 0.74
- Positive: Industry operating cash flow per share per price (median), % of 12.49 > 10.07
Short-term HTBK quotes
Long-term HTBK plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $155.81MM | $198.91MM | $191.47MM |
| Operating Expenses | $89.94MM | $104.60MM | $101.05MM |
| Operating Income | $65.87MM | $94.31MM | $90.42MM |
| Non-Operating Income | $0.00MM | $0.05MM | $0.00MM |
| Interest Expense | $7.13MM | $8.95MM | $51.07MM |
| Income(Loss) | $65.87MM | $94.37MM | $90.42MM |
| Taxes | $18.17MM | $27.81MM | $25.98MM |
| Profit(Loss) | $47.70MM | $66.56MM | $64.44MM |
| Stockholders Equity | $598.03MM | $632.46MM | $672.90MM |
| Inventory | $1,317.22MM | $350.97MM | $0.00MM |
| Assets | $5,499.41MM | $5,157.58MM | $5,194.10MM |
| Operating Cash Flow | $56.85MM | $69.85MM | $73.01MM |
| Capital expenditure | $0.25MM | $0.78MM | $1.67MM |
| Investing Cash Flow | $-696.83MM | $-669.49MM | $70.18MM |
| Financing Cash Flow | $815.12MM | $-399.98MM | $-41.67MM |
| Earnings Per Share* | $0.79 | $1.10 | $1.06 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.