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 : 6/10

vs
industry
vs
history
Cash to Debt No Debt
HTBK's Cash to Debt is ranked higher than
95% of the 1365 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.30 vs. HTBK: No Debt )
HTBK' s 10-Year Cash to Debt Range
Min: 0.3   Max: No Debt
Current: No Debt

Equity to Asset 0.12
HTBK's Equity to Asset is ranked higher than
86% of the 1753 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.09 vs. HTBK: 0.12 )
HTBK' s 10-Year Equity to Asset Range
Min: 0.07   Max: 0.16
Current: 0.12

0.07
0.16
Interest Coverage 6.34
HTBK's Interest Coverage is ranked higher than
94% of the 1622 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.27 vs. HTBK: 6.34 )
HTBK' s 10-Year Interest Coverage Range
Min: 0.02   Max: 6.34
Current: 6.34

0.02
6.34
F-Score: 6
Z-Score: 0.22
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 : 5/10

vs
industry
vs
history
Operating margin (%) 31.57
HTBK's Operating margin (%) is ranked higher than
79% of the 1776 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 28.81 vs. HTBK: 31.57 )
HTBK' s 10-Year Operating margin (%) Range
Min: -519.88   Max: 43.98
Current: 31.57

-519.88
43.98
Net-margin (%) 21.40
HTBK's Net-margin (%) is ranked higher than
75% of the 1783 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 21.59 vs. HTBK: 21.40 )
HTBK' s 10-Year Net-margin (%) Range
Min: -104.78   Max: 94.85
Current: 21.4

-104.78
94.85
ROE (%) 7.45
HTBK's ROE (%) is ranked higher than
73% of the 1790 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.54 vs. HTBK: 7.45 )
HTBK' s 10-Year ROE (%) Range
Min: -31.52   Max: 14.73
Current: 7.45

-31.52
14.73
ROA (%) 0.90
HTBK's ROA (%) is ranked higher than
78% of the 1790 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.79 vs. HTBK: 0.90 )
HTBK' s 10-Year ROA (%) Range
Min: -4.28   Max: 1.59
Current: 0.9

-4.28
1.59
ROC (Joel Greenblatt) (%) 261.42
HTBK's ROC (Joel Greenblatt) (%) is ranked higher than
93% of the 1757 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 72.81 vs. HTBK: 261.42 )
HTBK' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -708.19   Max: 1043.58
Current: 261.42

-708.19
1043.58
Revenue Growth (%) -13.20
HTBK's Revenue Growth (%) is ranked higher than
55% of the 1555 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.20 vs. HTBK: -13.20 )
HTBK' s 10-Year Revenue Growth (%) Range
Min: -24.5   Max: 139
Current: -13.2

-24.5
139
» HTBK's 10-Y Financials

Financials


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

» Details

Guru Trades

Q3 2013

HTBK Guru Trades in Q3 2013

Michael Price 770,000 sh (-12.5%)
Jim Simons 33,400 sh (-17.53%)
» More
Q4 2013

HTBK Guru Trades in Q4 2013

Jim Simons 33,500 sh (+0.3%)
Michael Price 647,794 sh (-15.87%)
» More
Q1 2014

HTBK Guru Trades in Q1 2014

Jim Simons 53,216 sh (+58.85%)
Michael Price 647,794 sh (unchged)
» More
Q2 2014

HTBK Guru Trades in Q2 2014

Jim Simons 65,671 sh (+23.4%)
Michael Price 531,390 sh (-17.97%)
» 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%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Michael Price 2014-06-30 Reduce -17.97%0.12%$7.77 - $8.31 $ 8.424%531390
Michael Price 2013-12-31 Reduce -15.87%0.12%$7.2 - $8.33 $ 8.428%647794
Michael Price 2013-03-31 Reduce -29.55%0.35%$6.42 - $7.03 $ 8.4224%886900
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 20.30
HTBK's P/E(ttm) is ranked higher than
65% of the 1927 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.50 vs. HTBK: 20.30 )
HTBK' s 10-Year P/E(ttm) Range
Min: 13.39   Max: 95.04
Current: 20.3

13.39
95.04
P/B 1.37
HTBK's P/B is ranked higher than
65% of the 1927 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.13 vs. HTBK: 1.37 )
HTBK' s 10-Year P/B Range
Min: 0.23   Max: 2.65
Current: 1.37

0.23
2.65
P/S 3.68
HTBK's P/S is ranked higher than
66% of the 1927 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.97 vs. HTBK: 3.68 )
HTBK' s 10-Year P/S Range
Min: 0.58   Max: 5.4
Current: 3.68

0.58
5.4
PFCF 10.27
HTBK's PFCF is ranked higher than
82% of the 1927 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 98.89 vs. HTBK: 10.27 )
HTBK' s 10-Year PFCF Range
Min: 3.04   Max: 74.85
Current: 10.27

3.04
74.85
EV-to-EBIT 10.04
HTBK's EV-to-EBIT is ranked higher than
87% of the 1927 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 17.23 vs. HTBK: 10.04 )
HTBK' s 10-Year EV-to-EBIT Range
Min: 6.6   Max: 662.4
Current: 10.04

6.6
662.4

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.90
HTBK's Dividend Yield is ranked lower than
61% of the 1505 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.44 vs. HTBK: 1.90 )
HTBK' s 10-Year Dividend Yield Range
Min: 0.2   Max: 6.63
Current: 1.9

0.2
6.63
Dividend Payout 0.30
HTBK's Dividend Payout is ranked higher than
75% of the 1927 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.47 vs. HTBK: 0.30 )
HTBK' s 10-Year Dividend Payout Range
Min: 0.14   Max: 2.16
Current: 0.3

0.14
2.16
Yield on cost (5-Year) 1.90
HTBK's Yield on cost (5-Year) is ranked lower than
64% of the 1518 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.80 vs. HTBK: 1.90 )
HTBK' s 10-Year Yield on cost (5-Year) Range
Min: 0.2   Max: 6.63
Current: 1.9

0.2
6.63
Share Buyback Rate -18.10
HTBK's Share Buyback Rate is ranked higher than
55% of the 1327 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -1.90 vs. HTBK: -18.10 )
HTBK' s 10-Year Share Buyback Rate Range
Min: 0.5   Max: -30.6
Current: -18.1

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.38
HTBK's Price/Tangible Book is ranked higher than
69% of the 1927 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.32 vs. HTBK: 1.38 )
HTBK' s 10-Year Price/Tangible Book Range
Min: 0.5   Max: 7.71
Current: 1.38

0.5
7.71
Price/DCF (Projected) 0.80
HTBK's Price/DCF (Projected) is ranked higher than
76% of the 1927 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.03 vs. HTBK: 0.80 )
HTBK' s 10-Year Price/DCF (Projected) Range
Min: 0.14   Max: 1.84
Current: 0.8

0.14
1.84
Price/Median PS Value 1.12
HTBK's Price/Median PS Value is ranked higher than
71% of the 1927 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.08 vs. HTBK: 1.12 )
HTBK' s 10-Year Price/Median PS Value Range
Min: 0.24   Max: 1.72
Current: 1.12

0.24
1.72
Price/Graham Number 0.97
HTBK's Price/Graham Number is ranked higher than
75% of the 1927 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.04 vs. HTBK: 0.97 )
HTBK' s 10-Year Price/Graham Number Range
Min: 0.48   Max: 4.82
Current: 0.97

0.48
4.82
Earnings Yield (Greenblatt) 10.00
HTBK's Earnings Yield (Greenblatt) is ranked higher than
85% of the 1692 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.00 vs. HTBK: 10.00 )
HTBK' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 15
Current: 10

0.2
15
Forward Rate of Return (Yacktman) 5.09
HTBK's Forward Rate of Return (Yacktman) is ranked higher than
60% of the 1423 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.24 vs. HTBK: 5.09 )
HTBK' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.9   Max: 37.8
Current: 5.09

0.9
37.8

Business Description

Industry: Banks » Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR » details
Heritage Commerce Corp is was organized in 1997 and incorporated in the state of a California. The Company is a bank holding company registered under the Bank Holding Company Act of 1956, as amended. It provides a range of banking services through Heritage Bank of Commerce, its wholly-owned subsidiary and its principal asset. Heritage Bank of Commerce is a multi-community independent bank that offers a full range of commercial banking services to small and medium-sized businesses and their owners, managers and employees. It operate through 10 full service branch offices located entirely in the southern and eastern regions of the general San Francisco Bay Area of California in the counties of Santa Clara, Alameda, and Contra Costa. Its market includes the headquarters of 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, mortgage companies, credit unions, finance 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 (the "Federal Reserve"). 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 Financial Institutions ("DFI"), and by the Federal Reserve, as its primary federal regulator.
» More Articles for HTBK

Headlines

Articles On GuruFocus.com
Heritage Bank of Commerce Accepted to Sandler O'Neill Sm-All Stars Class of 2014 Oct 15 2014 
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 

More From Other Websites
HERITAGE COMMERCE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial... Oct 09 2014
Heritage Bank of Commerce Enters Into Agreement to Acquire Bay View Funding Oct 09 2014
Heritage Bank of Commerce Accepted to Sandler O'Neill Sm-All Stars Class of 2014 Oct 08 2014
Telkonet, Inc. Announces New $2 Million Revolving Line of Credit Oct 02 2014
HERITAGE COMMERCE CORP Financials Aug 19 2014
HERITAGE COMMERCE CORP Files SEC form 10-Q, Quarterly Report Aug 06 2014
HERITAGE COMMERCE CORP Files SEC form 8-K, Results of Operations and Financial Condition, Other... Jul 30 2014
HERITAGE COMMERCE CORP Files SEC form 8-K, Change in Directors or Principal Officers Jul 28 2014
HERITAGE COMMERCE CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and... Jul 25 2014
Heritage Commerce Corp to Present at Keefe, Bruyette & Woods 2014 Community Bank Investor Conference Jul 25 2014
Heritage Commerce raises quarterly dividend 25% to 5c from 4c per share Jul 24 2014
Heritage Commerce Corp Raises Quarterly Cash Dividend 25% to $0.05 Per Share Jul 24 2014
Heritage Commerce Corp Earnings Increased 19% for the Second Quarter of 2014 from the Second Quarter... Jul 24 2014
HERITAGE COMMERCE CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and... Jun 12 2014
HERITAGE COMMERCE CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders May 23 2014
HERITAGE COMMERCE CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and... May 13 2014
HERITAGE COMMERCE CORP Files SEC form 10-Q, Quarterly Report May 08 2014
HERITAGE COMMERCE CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and... May 06 2014
HERITAGE COMMERCE CORP Files SEC form 8-K, Results of Operations and Financial Condition, Other... Apr 29 2014
UPDATE: Michael Hansen Joins Heritage Bank of Commerce to Lead Corporate Finance Division Apr 24 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

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)
Free 7-day Trial
FEEDBACK