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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 114.70
HTBK's Cash to Debt is ranked higher than
59% of the 1161 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.56 vs. HTBK: 114.70 )
Ranked among companies with meaningful Cash to Debt only.
HTBK' s Cash to Debt Range Over the Past 10 Years
Min: 0.32  Med: 2.76 Max: No Debt
Current: 114.7
Equity to Asset 0.10
HTBK's Equity to Asset is ranked lower than
52% of the 1653 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.10 vs. HTBK: 0.10 )
Ranked among companies with meaningful Equity to Asset only.
HTBK' s Equity to Asset Range Over the Past 10 Years
Min: 0.08  Med: 0.10 Max: 0.15
Current: 0.1
0.08
0.15
Interest Coverage 10.98
HTBK's Interest Coverage is ranked higher than
91% of the 1537 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.64 vs. HTBK: 10.98 )
Ranked among companies with meaningful Interest Coverage only.
HTBK' s Interest Coverage Range Over the Past 10 Years
Min: 0.02  Med: 2.59 Max: 10.98
Current: 10.98
0.02
10.98
F-Score: 6
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 31.18
HTBK's Operating margin (%) is ranked higher than
50% of the 1671 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 31.24 vs. HTBK: 31.18 )
Ranked among companies with meaningful Operating margin (%) only.
HTBK' s Operating margin (%) Range Over the Past 10 Years
Min: -115.6  Med: 26.78 Max: 43.98
Current: 31.18
-115.6
43.98
Net-margin (%) 19.34
HTBK's Net-margin (%) is ranked lower than
63% of the 1674 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 22.66 vs. HTBK: 19.34 )
Ranked among companies with meaningful Net-margin (%) only.
HTBK' s Net-margin (%) Range Over the Past 10 Years
Min: -104.78  Med: 19.72 Max: 28.65
Current: 19.34
-104.78
28.65
ROE (%) 7.12
HTBK's ROE (%) is ranked lower than
61% of the 1669 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.48 vs. HTBK: 7.12 )
Ranked among companies with meaningful ROE (%) only.
HTBK' s ROE (%) Range Over the Past 10 Years
Min: -32.87  Med: 5.65 Max: 14.73
Current: 7.12
-32.87
14.73
ROA (%) 0.86
HTBK's ROA (%) is ranked lower than
53% of the 1679 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.90 vs. HTBK: 0.86 )
Ranked among companies with meaningful ROA (%) only.
HTBK' s ROA (%) Range Over the Past 10 Years
Min: -4.28  Med: 0.78 Max: 1.59
Current: 0.86
-4.28
1.59
Revenue Growth (3Y)(%) 10.90
HTBK's Revenue Growth (3Y)(%) is ranked higher than
77% of the 1364 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.90 vs. HTBK: 10.90 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
HTBK' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -24.6  Med: 2.35 Max: 139.5
Current: 10.9
-24.6
139.5
EBITDA Growth (3Y)(%) 18.80
HTBK's EBITDA Growth (3Y)(%) is ranked higher than
78% of the 1261 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.40 vs. HTBK: 18.80 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
HTBK' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -55  Med: 20.50 Max: 36.2
Current: 18.8
-55
36.2
EPS Growth (3Y)(%) 15.60
HTBK's EPS Growth (3Y)(%) is ranked higher than
69% of the 1246 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.40 vs. HTBK: 15.60 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
HTBK' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -52.8  Med: 16.00 Max: 40.1
Current: 15.6
-52.8
40.1
» HTBK's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-07-23)


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2015

HTBK Guru Trades in Q1 2015

Jim Simons 133,300 sh (+5.21%)
Michael Price 430,500 sh (-4.33%)
» More
Q2 2015

HTBK Guru Trades in Q2 2015

Jim Simons 184,629 sh (+38.51%)
Michael Price 360,786 sh (-16.19%)
» More
Q3 2015

HTBK Guru Trades in Q3 2015

Jim Simons 316,400 sh (+71.37%)
Michael Price 225,000 sh (-37.64%)
» More
Q4 2015

HTBK Guru Trades in Q4 2015

Michael Price 225,000 sh (unchged)
Jim Simons 308,600 sh (-2.47%)
» More
» Details

Insider Trades

Latest Guru Trades with HTBK

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Ratios

vs
industry
vs
history
P/E(ttm) 20.11
HTBK's P/E(ttm) is ranked lower than
79% of the 1567 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.61 vs. HTBK: 20.11 )
Ranked among companies with meaningful P/E(ttm) only.
HTBK' s P/E(ttm) Range Over the Past 10 Years
Min: 13.39  Med: 19.41 Max: 95.04
Current: 20.11
13.39
95.04
Forward P/E 12.74
HTBK's Forward P/E is ranked lower than
63% of the 365 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.66 vs. HTBK: 12.74 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 20.11
HTBK's PE(NRI) is ranked lower than
79% of the 1567 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.57 vs. HTBK: 20.11 )
Ranked among companies with meaningful PE(NRI) only.
HTBK' s PE(NRI) Range Over the Past 10 Years
Min: 12.83  Med: 18.31 Max: 92.85
Current: 20.11
12.83
92.85
Price/Owner Earnings (ttm) 16.52
HTBK's Price/Owner Earnings (ttm) is ranked lower than
74% of the 878 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.23 vs. HTBK: 16.52 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
HTBK' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 4.29  Med: 12.64 Max: 250.51
Current: 16.52
4.29
250.51
P/B 1.52
HTBK's P/B is ranked lower than
77% of the 1635 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.04 vs. HTBK: 1.52 )
Ranked among companies with meaningful P/B only.
HTBK' s P/B Range Over the Past 10 Years
Min: 0.23  Med: 1.30 Max: 2.62
Current: 1.52
0.23
2.62
P/S 3.43
HTBK's P/S is ranked lower than
60% of the 1630 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.93 vs. HTBK: 3.43 )
Ranked among companies with meaningful P/S only.
HTBK' s P/S Range Over the Past 10 Years
Min: 0.58  Med: 3.30 Max: 5.39
Current: 3.43
0.58
5.39
PFCF 10.78
HTBK's PFCF is ranked lower than
52% of the 853 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.51 vs. HTBK: 10.78 )
Ranked among companies with meaningful PFCF only.
HTBK' s PFCF Range Over the Past 10 Years
Min: 3.05  Med: 8.73 Max: 154.66
Current: 10.78
3.05
154.66
POCF 10.40
HTBK's POCF is ranked lower than
58% of the 970 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9.10 vs. HTBK: 10.40 )
Ranked among companies with meaningful POCF only.
HTBK' s POCF Range Over the Past 10 Years
Min: 2.87  Med: 8.51 Max: 60.56
Current: 10.4
2.87
60.56
EV-to-EBIT 0.51
HTBK's EV-to-EBIT is ranked higher than
99% of the 1501 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.32 vs. HTBK: 0.51 )
Ranked among companies with meaningful EV-to-EBIT only.
HTBK' s EV-to-EBIT Range Over the Past 10 Years
Min: -15.2  Med: 9.10 Max: 665.4
Current: 0.51
-15.2
665.4
EV-to-EBITDA 0.51
HTBK's EV-to-EBITDA is ranked higher than
99% of the 1503 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.32 vs. HTBK: 0.51 )
Ranked among companies with meaningful EV-to-EBITDA only.
HTBK' s EV-to-EBITDA Range Over the Past 10 Years
Min: -17.7  Med: 8.60 Max: 116.5
Current: 0.51
-17.7
116.5

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.16
HTBK's Dividend Yield is ranked higher than
54% of the 2089 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.99 vs. HTBK: 3.16 )
Ranked among companies with meaningful Dividend Yield only.
HTBK' s Dividend Yield Range Over the Past 10 Years
Min: 0.2  Med: 1.73 Max: 6.63
Current: 3.16
0.2
6.63
Dividend Payout 0.63
HTBK's Dividend Payout is ranked lower than
85% of the 1265 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.34 vs. HTBK: 0.63 )
Ranked among companies with meaningful Dividend Payout only.
HTBK' s Dividend Payout Range Over the Past 10 Years
Min: 0.14  Med: 0.31 Max: 2.56
Current: 0.63
0.14
2.56
Forward Dividend Yield 3.45
HTBK's Forward Dividend Yield is ranked higher than
56% of the 1957 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.03 vs. HTBK: 3.45 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 3.18
HTBK's Yield on cost (5-Year) is ranked lower than
54% of the 2483 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.46 vs. HTBK: 3.18 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
HTBK' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0.2  Med: 1.73 Max: 6.63
Current: 3.18
0.2
6.63
3-Year Average Share Buyback Ratio -3.00
HTBK's 3-Year Average Share Buyback Ratio is ranked lower than
55% of the 1111 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -2.00 vs. HTBK: -3.00 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
HTBK' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -30.6  Med: -1.95 Max: 0.5
Current: -3
-30.6
0.5

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.95
HTBK's Price/Tangible Book is ranked lower than
83% of the 1627 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.11 vs. HTBK: 1.95 )
Ranked among companies with meaningful Price/Tangible Book only.
HTBK' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.54  Med: 1.55 Max: 2.53
Current: 1.95
0.54
2.53
Price/Projected FCF 0.80
HTBK's Price/Projected FCF is ranked lower than
64% of the 881 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.65 vs. HTBK: 0.80 )
Ranked among companies with meaningful Price/Projected FCF only.
HTBK' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.17  Med: 0.79 Max: 1.89
Current: 0.8
0.17
1.89
Price/Median PS Value 1.04
HTBK's Price/Median PS Value is ranked lower than
54% of the 1530 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.02 vs. HTBK: 1.04 )
Ranked among companies with meaningful Price/Median PS Value only.
HTBK' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.27  Med: 1.00 Max: 1.61
Current: 1.04
0.27
1.61
Price/Graham Number 1.32
HTBK's Price/Graham Number is ranked lower than
85% of the 1455 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.82 vs. HTBK: 1.32 )
Ranked among companies with meaningful Price/Graham Number only.
HTBK' s Price/Graham Number Range Over the Past 10 Years
Min: 0.75  Med: 1.19 Max: 2.34
Current: 1.32
0.75
2.34
Earnings Yield (Greenblatt) (%) 193.33
HTBK's Earnings Yield (Greenblatt) (%) is ranked higher than
99% of the 1641 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.90 vs. HTBK: 193.33 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
HTBK' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 0.2  Med: 9.10 Max: 665.6
Current: 193.33
0.2
665.6
Forward Rate of Return (Yacktman) (%) 6.22
HTBK's Forward Rate of Return (Yacktman) (%) is ranked lower than
68% of the 839 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.21 vs. HTBK: 6.22 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
HTBK' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: 4.2  Med: 16.75 Max: 50.1
Current: 6.22
4.2
50.1

More Statistics

Revenue(Mil) $85
EPS $ 0.52
Beta0.44
Short Percentage of Float2.18%
52-Week Range $8.71 - 12.38
Shares Outstanding(Mil)32.12

Analyst Estimate

Dec16 Dec17
Revenue(Mil) 104 113
EPS($) 0.73 0.82
EPS without NRI($) 0.73 0.82

Business Description

Industry: Banks » Banks - Regional - US
Compare:NAS:METR, NYSE:BNK, NAS:MBWM, NAS:PEBO, NYSE:OFG, NAS:PSTB » details
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 asset. 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 SBA 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.
» More Articles for NAS:HTBK

Headlines

Articles On GuruFocus.com
Heritage Commerce Corp Reports Operating Results (10-K) Mar 07 2011 
Heritage Commerce Corp Reports Operating Results (10-Q) Nov 10 2010 
Heritage Commerce Corp Reports Operating Results (10-Q) Aug 06 2010 
Heritage Commerce Corp Reports Operating Results (10-Q) May 11 2010 
Heritage Commerce Corp (HTBK) CFO Lawrence D Mcgovern buys 2,500 Shares Nov 16 2009 
Heritage Commerce Corp (HTBK) CEO Walter Theodore Kaczmarek buys 5,000 Shares Nov 16 2009 
Heritage Commerce Corp (HTBK) CEO Walter Theodore Kaczmarek buys 5,000 Shares Nov 13 2009 
Heritage Commerce Corp Reports Operating Results (10-Q) Oct 28 2009 
Heritage Commerce Corp Reports Operating Results (10-Q) Aug 10 2009 
Heritage Commerce Corp Reports Operating Results (10-Q) May 11 2009 

More From Other Websites
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Jeffrey Javier Joins Heritage Bank of Commerce's Corporate Finance Division Mar 30 2016
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Heritage Commerce Corp. breached its 50 day moving average in a Bullish Manner : HTBK-US : March 10,... Mar 10 2016
HERITAGE COMMERCE CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and... Mar 07 2016
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Heritage Commerce Corp. breached its 50 day moving average in a Bearish Manner : January 15, 2016 Jan 15 2016

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