Switch to:

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 : 7/10

vs
industry
vs
history
Cash to Debt No Debt
HTBK's Cash to Debt is ranked higher than
99% of the 1134 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.18 vs. HTBK: No Debt )
Ranked among companies with meaningful Cash to Debt only.
HTBK' s Cash to Debt Range Over the Past 10 Years
Min: 0.3  Med: 6.19 Max: No Debt
Current: No Debt
Equity to Asset 0.11
HTBK's Equity to Asset is ranked higher than
59% of the 1602 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.10 vs. HTBK: 0.11 )
Ranked among companies with meaningful Equity to Asset only.
HTBK' s Equity to Asset Range Over the Past 10 Years
Min: 0.07  Med: 0.10 Max: 0.16
Current: 0.11
0.07
0.16
Interest Coverage 11.18
HTBK's Interest Coverage is ranked higher than
92% of the 1585 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.62 vs. HTBK: 11.18 )
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: 11.18
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 (%) 32.66
HTBK's Operating margin (%) is ranked higher than
54% of the 1621 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 31.11 vs. HTBK: 32.66 )
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: 32.66
-115.6
43.98
Net-margin (%) 20.19
HTBK's Net-margin (%) is ranked lower than
58% of the 1620 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 22.40 vs. HTBK: 20.19 )
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: 20.19
-104.78
28.65
ROE (%) 7.36
HTBK's ROE (%) is ranked lower than
57% of the 1615 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.20 vs. HTBK: 7.36 )
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: 7.36
-32.87
14.73
ROA (%) 0.90
HTBK's ROA (%) is ranked higher than
52% of the 1625 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.87 vs. HTBK: 0.90 )
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: 0.9
-4.28
1.59
Revenue Growth (3Y)(%) 10.90
HTBK's Revenue Growth (3Y)(%) is ranked higher than
79% of the 1336 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.80 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: 2.15 Max: 142.8
Current: 10.9
-24.6
142.8
EBITDA Growth (3Y)(%) 18.80
HTBK's EBITDA Growth (3Y)(%) is ranked higher than
79% of the 1226 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.80 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: 18.80 Max: 36.2
Current: 18.8
-55
36.2
EPS Growth (3Y)(%) 15.60
HTBK's EPS Growth (3Y)(%) is ranked higher than
72% of the 1211 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. 2016-10-26)


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

» Details

Guru Trades

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
Q1 2016

HTBK Guru Trades in Q1 2016

Michael Price Sold Out
Jim Simons 297,300 sh (-3.66%)
» 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%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Banks » Banks - Regional - US
Compare:NAS:MOFG, NAS:GNBC, NYSE:FSB, NAS:HTBI, NAS:QCRH, NAS:ACBI, NAS:FFWM, NAS:OKSB, OTCPK:SBFC, NAS:HMPR, NAS:PGC, NAS:GBNK, NAS:FBNC, NAS:ABTX, NAS:COB, NYSE:BNK, NAS:PUB, NAS:IBCP, NAS:HBNC, NAS:BMRC » details
Heritage Commerce Corporation operates as a bank holding company. The Company through its subsidiary offers commercial banking services to small & medium-sized businesses and their owners, managers & employees.

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. The Company's operating segments include Banking and Factoring. It operates through 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.

Ratios

vs
industry
vs
history
P/E(ttm) 19.43
HTBK's P/E(ttm) is ranked lower than
79% of the 1682 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.67 vs. HTBK: 19.43 )
Ranked among companies with meaningful P/E(ttm) only.
HTBK' s P/E(ttm) Range Over the Past 10 Years
Min: 13.39  Med: 19.24 Max: 95.04
Current: 19.43
13.39
95.04
Forward P/E 14.49
HTBK's Forward P/E is ranked lower than
68% of the 443 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.61 vs. HTBK: 14.49 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 19.80
HTBK's PE(NRI) is ranked lower than
79% of the 1537 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.86 vs. HTBK: 19.80 )
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: 19.8
12.83
92.85
Price/Owner Earnings (ttm) 16.80
HTBK's Price/Owner Earnings (ttm) is ranked lower than
69% of the 851 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.62 vs. HTBK: 16.80 )
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: 12.88 Max: 422.73
Current: 16.8
4.29
422.73
P/B 1.48
HTBK's P/B is ranked lower than
77% of the 1759 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.04 vs. HTBK: 1.48 )
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: 1.48
0.23
2.62
P/S 3.44
HTBK's P/S is ranked lower than
61% of the 1761 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.94 vs. HTBK: 3.44 )
Ranked among companies with meaningful P/S only.
HTBK' s P/S Range Over the Past 10 Years
Min: 0.58  Med: 3.28 Max: 5.39
Current: 3.44
0.58
5.39
PFCF 9.16
HTBK's PFCF is ranked higher than
55% of the 918 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.16 vs. HTBK: 9.16 )
Ranked among companies with meaningful PFCF only.
HTBK' s PFCF Range Over the Past 10 Years
Min: 3.05  Med: 8.61 Max: 154.66
Current: 9.16
3.05
154.66
POCF 8.89
HTBK's POCF is ranked lower than
51% of the 1025 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.89 vs. HTBK: 8.89 )
Ranked among companies with meaningful POCF only.
HTBK' s POCF Range Over the Past 10 Years
Min: 2.86  Med: 8.40 Max: 60.56
Current: 8.89
2.86
60.56
EV-to-EBIT 7.37
HTBK's EV-to-EBIT is ranked higher than
78% of the 1650 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.90 vs. HTBK: 7.37 )
Ranked among companies with meaningful EV-to-EBIT only.
HTBK' s EV-to-EBIT Range Over the Past 10 Years
Min: -15.2  Med: 8.80 Max: 664.7
Current: 7.37
-15.2
664.7
EV-to-EBITDA 6.93
HTBK's EV-to-EBITDA is ranked higher than
76% of the 1649 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.75 vs. HTBK: 6.93 )
Ranked among companies with meaningful EV-to-EBITDA only.
HTBK' s EV-to-EBITDA Range Over the Past 10 Years
Min: -17.7  Med: 8.40 Max: 116.3
Current: 6.93
-17.7
116.3

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.18
HTBK's Dividend Yield is ranked higher than
53% of the 2235 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.98 vs. HTBK: 3.18 )
Ranked among companies with meaningful Dividend Yield only.
HTBK' s Dividend Yield Range Over the Past 10 Years
Min: 0.2  Med: 1.79 Max: 6.63
Current: 3.18
0.2
6.63
Dividend Payout 0.60
HTBK's Dividend Payout is ranked lower than
84% of the 1294 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.33 vs. HTBK: 0.60 )
Ranked among companies with meaningful Dividend Payout only.
HTBK' s Dividend Payout Range Over the Past 10 Years
Min: 0.14  Med: 0.37 Max: 2
Current: 0.6
0.14
2
Forward Dividend Yield 3.36
HTBK's Forward Dividend Yield is ranked higher than
53% of the 2109 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.21 vs. HTBK: 3.36 )
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
56% of the 2505 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.58 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: 1.79 Max: 6.63
Current: 3.18
0.2
6.63
3-Year Average Share Buyback Ratio -6.90
HTBK's 3-Year Average Share Buyback Ratio is ranked lower than
69% of the 1042 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -2.00 vs. HTBK: -6.90 )
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: -2.40 Max: 0
Current: -6.9
-30.6
0

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.93
HTBK's Price/Tangible Book is ranked lower than
82% of the 1747 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.12 vs. HTBK: 1.93 )
Ranked among companies with meaningful Price/Tangible Book only.
HTBK' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.5  Med: 1.53 Max: 3.65
Current: 1.93
0.5
3.65
Price/Projected FCF 0.87
HTBK's Price/Projected FCF is ranked lower than
71% of the 973 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.67 vs. HTBK: 0.87 )
Ranked among companies with meaningful Price/Projected FCF only.
HTBK' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.15  Med: 0.78 Max: 1.89
Current: 0.87
0.15
1.89
Price/Median PS Value 1.04
HTBK's Price/Median PS Value is ranked lower than
57% of the 1684 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.01 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: 0.24  Med: 0.93 Max: 1.72
Current: 1.04
0.24
1.72
Price/Graham Number 1.30
HTBK's Price/Graham Number is ranked lower than
82% of the 1552 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.84 vs. HTBK: 1.30 )
Ranked among companies with meaningful Price/Graham Number only.
HTBK' s Price/Graham Number Range Over the Past 10 Years
Min: 0.65  Med: 1.18 Max: 2.88
Current: 1.3
0.65
2.88
Earnings Yield (Greenblatt) (%) 13.56
HTBK's Earnings Yield (Greenblatt) (%) is ranked higher than
79% of the 1803 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.20 vs. HTBK: 13.56 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
HTBK' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 0.2  Med: 9.40 Max: 665.6
Current: 13.56
0.2
665.6
Forward Rate of Return (Yacktman) (%) 5.65
HTBK's Forward Rate of Return (Yacktman) (%) is ranked lower than
69% of the 844 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.22 vs. HTBK: 5.65 )
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: 17.80 Max: 50.1
Current: 5.65
4.2
50.1

More Statistics

Revenue (TTM) (Mil) $91.44
EPS (TTM) $ 0.55
Beta0.55
Short Percentage of Float2.14%
52-Week Range $8.84 - 12.38
Shares Outstanding (Mil)32.17

Analyst Estimate

Dec16 Dec17
Revenue (Mil $) 105 114
EPS ($) 0.74 0.84
EPS w/o NRI ($) 0.74 0.84
EPS Growth Rate
(3Y to 5Y Estimate)
10.00%
Dividends Per Share ($) 0.32 0.32
» More Articles for 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
Heritage Commerce Corp. breached its 50 day moving average in a Bullish Manner : HTBK-US : July 13,... Jul 13 2016
Heritage Commerce Corp. breached its 50 day moving average in a Bearish Manner : HTBK-US : June 20,... Jun 20 2016
HERITAGE COMMERCE CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders,... May 27 2016
Heritage Commerce Corp. breached its 50 day moving average in a Bearish Manner : HTBK-US : May 18,... May 18 2016
HERITAGE COMMERCE CORP Financials May 13 2016
Heritage Commerce Corp to Participate in the D.A. Davidson 18th Annual Financial Institutions... May 09 2016
HERITAGE COMMERCE CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and... May 09 2016
Heritage Commerce Corp to Participate in the D.A. Davidson 18th Annual Financial Institutions... May 09 2016
HERITAGE COMMERCE CORP Files SEC form 10-Q, Quarterly Report May 06 2016
Heritage Commerce Corp. :HTBK-US: Earnings Analysis: Q1, 2016 By the Numbers May 04 2016
HERITAGE COMMERCE CORP Files SEC form 8-K, Results of Operations and Financial Condition, Other... May 03 2016
Heritage Commerce Corp Declares Quarterly Cash Dividend of $0.09 Per Share Apr 28 2016
Heritage Commerce Corp’s First Quarter 2016 Earnings Increased 48% From the Prior Year First... Apr 28 2016
Heritage Commerce Corp Declares Quarterly Cash Dividend of $0.09 Per Share Apr 28 2016
Heritage Commerce Corp’s First Quarter 2016 Earnings Increased 48% From the Prior Year First... Apr 28 2016
Heritage Commerce Corp Named One of the Top Performing Banks of 2015 by S&P Global Market... Apr 26 2016
Heritage Commerce Corp Named One of the Top Performing Banks of 2015 by S&P Global Market... Apr 26 2016
HERITAGE COMMERCE CORP Files SEC form 8-K, Material Modification to Rights of Security Holders Apr 06 2016
HERITAGE COMMERCE CORP Files SEC form 8-K, Change in Directors or Principal Officers, Material... Mar 30 2016
Jeffrey Javier Joins Heritage Bank of Commerce's Corporate Finance Division Mar 30 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)