Trade

with

Heritage Commerce Corp
(NASDAQ: HTBK)
AdChoices
8.29
-0.05
-0.60%
After Hours :
8.29
0.00
0.00%

Open

8.42

Previous Close

8.34

Volume (Avg)

22.93k (29.66k)

Day's Range

8.10-8.43

52Wk Range

7.38-8.64

Market Cap.

218.61M

Dividend Rate (Yield )

0.20 (1.93%)

Beta

1.94

Shares Outstanding

26.37M

P/E Ratio (EPS)

17.99 (0.46)

AdChoices
Fundamentals
  • Key statistics
  • Growth
  • Profitability
  • Financial health
  • Price ratios
  • Trading statistics
Industry Banks – Regional – US
Highlights
Analyst Recommendation: Outperform
    • Revenue

    • 57.40M

    • Net Income

    • 11.54M

    • Market Cap.

    • 218.61M

    • Enterprise Value

    • -

    • Net Profit Margin %

    • 20.10

    • PEG (Price/Earnings Growth) Ratio

    • 1.37

    • Beta

    • 1.94

    • Forward P/E

    • 13.48

    • Price/Sales

    • 3.62

    • Price/Book Value

    • 1.35

    • Price/Cash flow

    • 10.10

      • EBITDA

      • 17.70M

      • Return on Capital %

      • 0.85

      • Return on Equity %

      • 7.86

      • Return on Assets %

      • 0.85

      • Book Value/Share

      • 6.14

      • Shares Outstanding

      • 26.37M

      • Last Split Factor (Date)

      • -

      • Last Dividend (Ex-Date)

      • 0.05 (11/4/2014)

      • Dividend Declaration Date

      • 10/23/2014

      Analyst Recommendation
      10/21/2014
      Outperform
        • 1 Year Price Target

        • 9.25

        • Credit Rating

        • -

        • Analysts

        • 2

        • EPS Estimate

        • 0.60

        • Cashflow Estimate

        • -

        Morningstar Consensus estimate data
        • Growth Rate (%)

        • Company

        • Industry

          • Sales (Revenue)

            Q/Q (last year)

          • 11.80

          • -0.66

          • Net Income

            YTD/YTD (last year)

          • 16.50

          • 7.93

          • Net Income

            Q/Q (last year)

          • 19.00

          • -2.61

          • Sales (Revenue)

            5-Year Annual Average

          • -0.31

          • -11.83

          • Net Income

            5-Year Annual Average

          • 45.60

          • 6.49

          • Dividends

            5-Year Annual Average

          • -28.45

          • 33.22

          • Profit Margins (%)

          • Company

          • Industry

            • Gross Margin

            • -

            • -

            • Pre-Tax Margin

            • 31.57

            • 36.31

            • Net Profit Margin

            • 20.10

            • 25.32

            • Average Gross Margin

              5-Year Annual Average

            • -

            • -

            • Average Pre-Tax Margin

              5-Year Annual Average

            • -17.70

            • 25.85

            • Average Net Profit Margin

              5-Year Annual Average

            • -16.90

            • 127.78B

            • Financial Ratios

            • Company

            • Industry

              • Debt/Equity Ratio

              • -

              • 0.74

              • Current Ratio

              • -

              • -

              • Quick Ratio

              • -

              • -

              • Interest Coverage

              • -

              • -

              • Leverage Ratio

              • 9.14

              • 8.88

              • Book Value/Share

              • 6.14

              • 19.98

              • Price Ratios

              • Company

              • Industry

                • Current P/E Ratio

                • 18.28

                • 15.22

                • P/E Ratio 5-Year High

                • 18.75

                • 1,590.26

                • P/E Ratio 5-Year Low

                • 4.95

                • 247.77

                • Price/Sales Ratio

                • 3.68

                • 3.20

                • Price/Book Value

                • 1.37

                • 1.24

                • Price/Cash Flow Ratio

                • 10.10

                • 7.95

                • Key Metrics

                • Company

                • Industry

                  • Return on Equity %

                    (5-Year Average)

                  • 7.86

                    (-7.10)

                  • 11.32

                    (9.64)

                  • Return on Assets %

                    (5-Year Average)

                  • 0.85

                    (-0.70)

                  • 1.26

                    (0.99)

                  • Return on Capital %

                    (5-Year Average)

                  • 8.83

                    (-1.40)

                  • 5.43

                    (3.93)

                  • Income/Employee

                  • 63.88k

                  • 57.85k

                  • Inventory Turnover

                  • -

                  • -

                  • Asset Turnover

                  • 0.04

                  • 0.05

                  Current Historical
                  Financials
                  • Income Statement
                  • Balance Sheet
                  • Cash Flow
                  Operating Income
                  16.49M
                  Operating Margin
                  28.74
                  Total Equity
                  -
                  Retained Earnings
                  -
                  Free Cashflow
                  -
                  Price/Cashflow
                  10.10
                  Ownership

                  Institutional Ownership

                  66.58%

                  Top 10 Institutions

                  48.36%

                  Mutual Fund Ownership

                  14.69%

                  Float

                  80.04%

                  5% / Insider Ownership

                  5.66%

                  Corporate insiders or major stockholders reporting trading activity in the stock.

                  Top Mutual Fund Owners

                  Top Institutional Owners

                  Mutual Fund Name

                  Institution Name

                  • Mutual Fund Name

                  • Shares Held

                  • % Change

                  • % Outstanding

                  • JHancock Regional Bank Fund

                  •  

                    712,266

                  • 0.00

                  • 2.70

                  • JHancock Financial Opportunities

                  •  

                    387,733

                  • 0.00

                  • 1.47

                  • Vanguard Total Stock Mkt Idx

                  •  

                    343,871

                  • 0.00

                  • 1.30

                  • Vanguard Extended Market Index Fund

                  •  

                    341,159

                  • 0.65

                  • 1.29

                  • iShares Russell 2000 (AU)

                  •  

                    313,595

                  • -1.45

                  • 1.21

                  • DFA US Small Cap Value II Portfolio

                  •  

                    237,542

                  • 0.00

                  • 0.90

                  • iShares Russell 2000 Value

                  •  

                    139,888

                  • 0.26

                  • 0.54

                  • DFA U.S. Micro Cap Portfolio

                  •  

                    94,328

                  • 0.00

                  • 0.36

                  • CREF Stock

                  •  

                    79,645

                  • -5.41

                  • 0.30

                  • Bridgeway Ultra Small Company Market

                  •  

                    74,300

                  • -20.52

                  • 0.28

                  • Institution Name

                  • Shares Held

                  • % Change

                  • % Outstanding

                  • Patriot Financial Partners GP, LLC

                  •  

                    2,595,000

                  • 0.00%

                  • 9.84

                  • Wellington Management Company, LLP

                  •  

                    1,630,047

                  • +0.43%

                  • 6.18

                  • Banc Funds Co LLC

                  •  

                    1,568,091

                  • 0.00%

                  • 5.95

                  • Castle Creek Capital LLC

                  •  

                    1,308,300

                  • 0.00%

                  • 4.96

                  • Manufacturers Life Insurance Co

                  •  

                    1,116,991

                  • -0.06%

                  • 4.24

                  • John Hancock Advisers, LLC

                  •  

                    1,103,328

                  • 0.00%

                  • 4.18

                  • Sandler O'Neill Asset Management Llc

                  •  

                    1,038,900

                  • +22.22%

                  • 3.94

                  • Dimensional Fund Advisors, Inc.

                  •  

                    919,672

                  • +1.42%

                  • 3.49

                  • Vanguard Group, Inc.

                  •  

                    751,246

                  • -0.05%

                  • 2.85

                  • Clover Partners, L.P.

                  •  

                    718,568

                  • 0.00%

                  • 2.73

                  Company Profile

                  Sector

                  Financial Services

                  Industry

                  Banks – Regional – US

                  Type

                  Cyclical

                  Style

                  Small Core

                  Heritage Commerce Corp, a California corporation, was incorporated in November 23, 1997, and is a bank holding Company. It provides banking services through Heritage Bank of Commerce, its wholly-owned subsidiary and its principal ass...moreet. The Bank along with its subsidiary offers commercial banking services to small and medium-sized businesses and their owners, managers and employees. It operates through 10 service branch offices located in the southern and eastern regions of the San Francisco Bay Area of California in the counties of Santa Clara, Alameda, and Contra Costa. Its market includes a number of technology based companies in the region commonly known as Silicon Valley. Its lending activities are diversified and include commercial, real estate, construction and land development, consumer and ...moreSBA guaranteed loans. It generally lend in markets where it have a physical presence through its branch offices and a SBA loan production office. It attract deposits throughout its market area with a customer-oriented product mix, competitive pricing, and convenient locations. It offers a wide range of deposit products for business banking and retail markets. In addition to other large regional banks and local community banks, its competitors include savings institutions, securities and brokerage companies, asset management groups, mortgage banking companies, credit unions, finance and insurance companies, internet-based companies, and money market funds. As a bank holding company, Heritage Commerce Corp is subject to the supervision of the Board of Governors of the Federal Reserve System. It is required to file with the Federal Reserve reports and other information regarding its business operations and the business operations of its subsidiaries. As a California chartered bank, Heritage Bank of Commerce is subject to primary supervision, periodic examination, and regulation by the California Department of Business Oversight, and by the Federal Reserve, as its primary federal regulator.lessless

                  Key People

                  Walter T. Kaczmarek

                  CEO/President/Director

                  Jack W. Conner

                  Chairman of the Board/Director

                  Mr. Lawrence D. McGovern

                  CFO/Chief Accounting Officer/Executive VP

                  Mr. Keith Wilton

                  COO/COO, Subsidiary/Executive VP/Executive VP, Subsidiary

                  Mr. David Porter

                  Executive VP/Chief Credit Officer

                  Incorporated

                  1993

                  Employees

                  203

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