Heritage Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Heritage Commerce Corp
HTBK Stock  USD 9.64  0.15  1.58%   
Heritage Commerce financial statements provide useful quarterly and yearly information to potential Heritage Commerce Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Heritage Commerce financial statements helps investors assess Heritage Commerce's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Heritage Commerce's valuation are summarized below:
Gross Profit
170.3 M
Profit Margin
0.238
Market Capitalization
592.3 M
Enterprise Value Revenue
3.6693
Revenue
170.3 M
There are currently one hundred twenty fundamental trends for Heritage Commerce Corp that can be evaluated and compared over time across competitors. We recommend to confirm Heritage Commerce's regular fundamental drivers against the all of the trends between 2010 and 2025. Market Cap is expected to rise to about 603.5 M this year. Enterprise Value is expected to rise to about 610.3 M this year

Heritage Commerce Total Revenue

178.77 Million

Check Heritage Commerce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heritage Commerce's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Interest Expense of 75.1 K or Selling And Marketing Expenses of 77.9 M, as well as many indicators such as Price To Sales Ratio of 4.94, Dividend Yield of 0.0582 or PTB Ratio of 1.64. Heritage financial statements analysis is a perfect complement when working with Heritage Commerce Valuation or Volatility modules.
  
Check out the analysis of Heritage Commerce Correlation against competitors.

Heritage Commerce Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets5.9 B5.6 B3.3 B
Slightly volatile
Total Stockholder Equity724.2 M689.7 M397.7 M
Slightly volatile
Property Plant And Equipment Net8.8 M10.1 M10 M
Slightly volatile
Cash28.4 M29.9 M339.5 M
Pretty Stable
Non Current Assets Total5.9 B5.6 B1.6 B
Slightly volatile
Other Assets16.5 M17.3 M1.8 B
Pretty Stable
Cash And Short Term Investments28.4 M29.9 M597.2 M
Pretty Stable
Common Stock Total Equity607.3 M578.4 M322.1 M
Slightly volatile
Common Stock Shares Outstanding64.6 M61.5 M42.4 M
Slightly volatile
Liabilities And Stockholders Equity5.9 B5.6 B3.3 B
Slightly volatile
Total Liabilities5.2 B5 B2.9 B
Slightly volatile
Property Plant And Equipment Gross30.9 M29.4 M13.7 M
Slightly volatile
Total Current Assets28.4 M29.9 M1.1 B
Pretty Stable
Common Stock535.6 M510.1 M313.5 M
Slightly volatile
Total Current Liabilities99.1 M95.6 M55.4 M
Slightly volatile
Accounts Payable112.1 M106.7 M65 M
Slightly volatile
Net Receivables148.1 M141 M81.7 M
Slightly volatile
Short and Long Term Debt Total29.5 M39.7 M25.4 M
Slightly volatile
Other Liabilities40.3 M71.9 M49.4 M
Slightly volatile
Non Current Liabilities Total5.1 B4.9 B1 B
Slightly volatile
Property Plant Equipment7.8 M10.7 M8.2 M
Slightly volatile
Short Term Debt11.4 M6 M6.4 M
Pretty Stable
Good Will202.4 M192.8 M94.8 M
Slightly volatile
Other Current Assets750.2 M380.9 M863.3 M
Pretty Stable
Intangible Assets8.3 M6.4 M8.3 M
Slightly volatile
Net Tangible Assets285 M521.9 M281.7 M
Slightly volatile
Retained Earnings Total Equity176.8 M168.3 M78.9 M
Slightly volatile
Long Term Debt Total37.1 M45.3 M35.8 M
Slightly volatile
Long Term Investments804 M846.3 M1.5 B
Pretty Stable
Non Current Liabilities Other66.6 M110.6 M64.7 M
Slightly volatile
Earning Assets1.1 B1.4 B1 B
Slightly volatile
Net Invested Capital646.7 M729.4 M470.2 M
Slightly volatile
Current Deferred Revenue93.8 M117.3 M74.4 M
Slightly volatile
Capital Stock518.8 M510.1 M389.2 M
Slightly volatile

Heritage Commerce Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.1 M4 M2.5 M
Slightly volatile
Interest Expense75.1 K79.1 K4.6 M
Very volatile
Selling And Marketing Expenses77.9 M74.2 M55.2 M
Slightly volatile
Total Revenue178.8 M170.3 M103.5 M
Slightly volatile
Gross Profit178.8 M170.3 M103.3 M
Slightly volatile
Other Operating Expenses83.6 M79.6 M34.3 M
Slightly volatile
Operating Income95.2 M90.7 M45.8 M
Slightly volatile
EBIT98.8 K104 K33.6 M
Pretty Stable
EBITDA98.8 K104 K35.5 M
Pretty Stable
Income Before Tax59.5 M56.7 M38.5 M
Slightly volatile
Net Income42.6 M40.5 M26.5 M
Slightly volatile
Selling General Administrative5.1 M5.4 M29.5 M
Very volatile
Net Income Applicable To Common Shares80.4 M76.5 M35 M
Slightly volatile
Preferred Stock And Other Adjustments1.1 M1.4 M1.5 M
Pretty Stable
Net Income From Continuing Ops50 M40.5 M43.6 M
Slightly volatile
Tax Provision20.3 M16.1 M15.9 M
Slightly volatile
Net Interest Income147.1 M163.6 M116.7 M
Slightly volatile
Interest Income167.4 M242.7 M130.2 M
Slightly volatile
Reconciled Depreciation3.9 M3.5 M2.9 M
Slightly volatile

Heritage Commerce Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow28.9 M37.3 M36.4 M
Slightly volatile
Begin Period Cash Flow251.8 M408.1 M357.4 M
Slightly volatile
Depreciation2.2 M3.5 M2.5 M
Slightly volatile
Capital Expenditures928.7 K1.6 M854.9 K
Slightly volatile
Total Cash From Operating Activities29.8 M39 M37.3 M
Slightly volatile
Net Income42.6 M40.5 M30.5 M
Slightly volatile
End Period Cash Flow1 B968.1 M463.1 M
Slightly volatile
Dividends Paid33.5 M31.9 M17.9 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.943.37564.0064
Very volatile
Dividend Yield0.05820.05540.0344
Slightly volatile
PTB Ratio1.640.83331.3432
Slightly volatile
Days Sales Outstanding163248222
Very volatile
Book Value Per Share6.3511.2578.6943
Slightly volatile
Free Cash Flow Yield0.06250.0650.0833
Very volatile
Operating Cash Flow Per Share0.830.6360.8941
Slightly volatile
Stock Based Compensation To Revenue0.0110.01130.0133
Slightly volatile
Capex To Depreciation0.50.550.3372
Pretty Stable
PB Ratio1.640.83331.3432
Slightly volatile
Free Cash Flow Per Share0.790.60950.873
Slightly volatile
ROIC0.02270.01170.0199
Pretty Stable
Net Income Per Share0.420.66150.7032
Pretty Stable
Payables Turnover0.02160.02330.0206
Pretty Stable
Sales General And Administrative To Revenue0.03020.03180.2979
Slightly volatile
Capex To Revenue0.00950.010.0074
Very volatile
Cash Per Share0.460.487415.0039
Pretty Stable
POCF Ratio14.8114.747413.2704
Slightly volatile
Interest Coverage1.511.596.7769
Pretty Stable
Payout Ratio0.40.78610.4835
Slightly volatile
Capex To Operating Cash Flow0.0250.02630.0226
Pretty Stable
PFCF Ratio14.6215.388613.5752
Slightly volatile
Days Payables Outstanding15 K16.2 K17.7 K
Pretty Stable
Income Quality1.860.96161.368
Very volatile
ROE0.04910.05880.0788
Pretty Stable
PE Ratio22.1214.180816.7356
Slightly volatile
Return On Tangible Assets0.00490.00740.0092
Very volatile
Earnings Yield0.0740.07050.0659
Slightly volatile
Intangibles To Total Assets0.0190.03080.0237
Slightly volatile
Current Ratio0.30.3124264
Very volatile
Tangible Book Value Per Share5.258.4166.9535
Very volatile
Receivables Turnover2.31.521.793
Very volatile
Graham Number8.9412.943611.7113
Slightly volatile
Shareholders Equity Per Share6.9511.2578.7318
Slightly volatile
Debt To Equity0.05460.05750.0697
Pretty Stable
Capex Per Share0.05690.03150.0225
Slightly volatile
Revenue Per Share3.62.77882.8925
Pretty Stable
Interest Debt Per Share0.610.64720.8732
Pretty Stable
Debt To Assets0.00670.0070.0081
Pretty Stable
Short Term Coverage Ratios14513891.1559
Slightly volatile
Price Earnings Ratio22.1214.180816.7356
Slightly volatile
Price Book Value Ratio1.640.83331.3432
Slightly volatile
Days Of Payables Outstanding15 K16.2 K17.7 K
Pretty Stable
Dividend Payout Ratio0.40.78610.4835
Slightly volatile
Price To Operating Cash Flows Ratio14.8114.747413.2704
Slightly volatile
Price To Free Cash Flows Ratio14.6215.388613.5752
Slightly volatile
Pretax Profit Margin0.220.33290.3537
Slightly volatile
Ebt Per Ebit0.680.720.8161
Very volatile
Operating Profit Margin0.570.53250.4349
Slightly volatile
Company Equity Multiplier10.438.18448.8329
Pretty Stable
Long Term Debt To Capitalization0.05160.05440.092
Slightly volatile
Total Debt To Capitalization0.05160.05440.0629
Pretty Stable
Return On Capital Employed0.01550.01630.0164
Pretty Stable
Debt Equity Ratio0.05460.05750.0697
Pretty Stable
Ebit Per Revenue0.570.53250.4349
Slightly volatile
Quick Ratio0.30.3124268
Very volatile
Dividend Paid And Capex Coverage Ratio1.161.22335.6041
Slightly volatile
Net Income Per E B T0.910.71510.7144
Very volatile
Cash Ratio0.330.346843.6726
Very volatile
Operating Cash Flow Sales Ratio0.360.22890.3243
Slightly volatile
Days Of Sales Outstanding163248222
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.740.95830.9617
Slightly volatile
Cash Flow Coverage Ratios0.930.98286.0224
Pretty Stable
Price To Book Ratio1.640.83331.3432
Slightly volatile
Fixed Asset Turnover9.116.790613.1725
Pretty Stable
Capital Expenditure Coverage Ratio45.8639.3283.0116
Pretty Stable
Price Cash Flow Ratio14.8114.747413.2704
Slightly volatile
Debt Ratio0.00670.0070.0081
Pretty Stable
Cash Flow To Debt Ratio0.930.98286.0224
Pretty Stable
Price Sales Ratio4.943.37564.0064
Very volatile
Return On Assets0.00480.00720.009
Very volatile
Asset Turnover0.04510.03020.0379
Slightly volatile
Net Profit Margin0.140.2380.2421
Slightly volatile
Gross Profit Margin1.091.141.0039
Slightly volatile
Price Fair Value1.640.83331.3432
Slightly volatile
Return On Equity0.04910.05880.0788
Pretty Stable

Heritage Commerce Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap603.5 M574.7 M443.2 M
Slightly volatile

Heritage Fundamental Market Drivers

Forward Price Earnings12.6904
Cash And Short Term Investments29.9 M

Heritage Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Heritage Commerce Financial Statements

Heritage Commerce investors utilize fundamental indicators, such as revenue or net income, to predict how Heritage Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue117.3 M93.8 M
Total Revenue170.3 M178.8 M
Cost Of Revenue279.6 M293.6 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.03  0.03 
Capex To Revenue 0.01  0.01 
Revenue Per Share 2.78  3.60 
Ebit Per Revenue 0.53  0.57 

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When determining whether Heritage Commerce Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Heritage Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Heritage Commerce Corp Stock. Highlighted below are key reports to facilitate an investment decision about Heritage Commerce Corp Stock:
How To Invest In Heritage
Details
Is Heritage Stock a good investment?
Details
What is Heritage Commerce's Net Worth?
Details
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Check out the analysis of Heritage Commerce Correlation against competitors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Commerce. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Commerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Dividend Share
0.52
Earnings Share
0.66
Revenue Per Share
2.779
Quarterly Revenue Growth
0.025
The market value of Heritage Commerce Corp is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Commerce's value that differs from its market value or its book value, called intrinsic value, which is Heritage Commerce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Commerce's market value can be influenced by many factors that don't directly affect Heritage Commerce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
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Piotroski
F Score
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Beneish
M Score
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Financial
Analysis
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Buy or Sell
Advice
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Earnings
Projections
Details
Please note, there is a significant difference between Heritage Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Commerce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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