Heritage Commerce Corp Stock Today

HTBK Stock  USD 9.53  0.04  0.42%   

Performance

Weak

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Heritage Commerce is selling for 9.53 as of the 22nd of March 2025. This is a 0.42% down since the beginning of the trading day. The stock's last reported lowest price was 9.41. Heritage Commerce has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 22nd of December 2024 and ending today, the 22nd of March 2025. Click here to learn more.
Business Domain
Banks
IPO Date
30th of July 1998
Category
Financial Services
Classification
Financials
Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the businessprofessional community in California. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California. The company has 61.44 M outstanding shares of which 551.73 K shares are currently shorted by private and institutional investors with about 2.14 trading days to cover. More on Heritage Commerce Corp

Moving against Heritage Stock

  0.39KB KB Financial GroupPairCorr
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Heritage Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOWalter Kaczmarek
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite Total, NASDAQ Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00480.0072
Way Down
Very volatile
Asset Turnover0.04510.0302
Way Up
Slightly volatile
Gross Profit Margin1.091.14
Sufficiently Down
Slightly volatile
Total Current Liabilities99.1 M95.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total5.1 B4.9 B
Sufficiently Up
Slightly volatile
Total Assets5.9 B5.6 B
Sufficiently Up
Slightly volatile
Total Current Assets28.4 M29.9 M
Notably Down
Pretty Stable
Total Cash From Operating Activities29.8 M39 M
Way Down
Slightly volatile
Debt Levels
Heritage Commerce can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Heritage Commerce's financial leverage. It provides some insight into what part of Heritage Commerce's total assets is financed by creditors.
Liquidity
Heritage Commerce Corp currently holds 39.65 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about Heritage Commerce's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

(1.48 Million)
Heritage Commerce Corp (HTBK) is traded on NASDAQ Exchange in USA. It is located in 224 Airport Parkway, San Jose, CA, United States, 95110 and employs 345 people. Heritage Commerce is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 588.01 M. Heritage Commerce Corp conducts business under Banks sector and is part of Financials industry. The entity has 61.44 M outstanding shares of which 551.73 K shares are currently shorted by private and institutional investors with about 2.14 trading days to cover. Heritage Commerce Corp currently holds about 876.59 M in cash with 38.97 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.45, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Heritage Commerce Probability Of Bankruptcy
Ownership Allocation
Heritage Commerce Corp has a total of 61.44 Million outstanding shares. The majority of Heritage Commerce Corp outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Heritage Commerce to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Heritage Commerce Corp. Please pay attention to any change in the institutional holdings of Heritage Commerce Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Heritage Ownership Details

Heritage Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-12-31
1.1 M
Hotchkis & Wiley Capital Management Llc2024-12-31
752.6 K
Morgan Stanley - Brokerage Accounts2024-12-31
721.7 K
Alti Global Inc2024-12-31
654.2 K
Endeavour Capital Advisors Inc2024-12-31
595.5 K
Northern Trust Corp2024-12-31
589.8 K
Kennedy Capital Management Inc2024-12-31
582.6 K
Nuveen Asset Management, Llc2024-12-31
513.3 K
Charles Schwab Investment Management Inc2024-12-31
500.6 K
Blackrock Inc2024-12-31
8.2 M
Dimensional Fund Advisors, Inc.2024-12-31
3.4 M
View Heritage Commerce Diagnostics

Heritage Commerce Historical Income Statement

At this time, Heritage Commerce's Total Operating Expenses is quite stable compared to the past year. Income Before Tax is expected to rise to about 59.5 M this year, although the value of EBIT will most likely fall to about 98.8 K. View More Fundamentals

Heritage Stock Against Markets

Heritage Commerce Corporate Management

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:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Commerce Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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.
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.