NAS:HTBK (USA)

Heritage Commerce Corp

$ 12.17 -0.09 (-0.73%)
Volume: 73,311 Avg Vol (1m): 160,691
Market Cap $: 528.79 Mil Enterprise Value $: -119,290,000.00
P/E (TTM): 13.87 P/B: 1.40
Earnings Power Value 14.82
Net Current Asset Value 0
Tangible Book 6.49
Projected FCF 13.98
Median P/S Value 10.57
Graham Number 11.33
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
1Y (-%)

Financial Strength : 5/10

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.
Current vs industry vs history
Cash-to-Debt 5.96
Cash-To-Debt ranked lower than
60.92% of 1617 companies
in the Banks - Regional - US industry.
Industry Max: 2539500, Med: 1.43, Min: 0.01
HTBK: 5.96
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0.3, Med: 8.15, Max: 10000
Current: 5.96
0.3
10000
Equity-to-Asset 0.12
Equity-to-Asset ranked higher than
66.38% of 1627 companies
in the Banks - Regional - US industry.
Industry Max: 1, Med: 0.11, Min: -11.05
HTBK: 0.12
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.07, Med: 0.1, Max: 0.16
Current: 0.12
0.07
0.16
Debt-to-Equity 0.10
Debt-to-Equity ranked higher than
90.38% of 1393 companies
in the Banks - Regional - US industry.
Industry Max: 543.58, Med: 0.68, Min: 0.01
HTBK: 0.1
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0, Med: 0.15, Max: 0.86
Current: 0.1
0
0.86
Debt-to-EBITDA 0.29
Debt-to-EBITDA ranked higher than
89.27% of 1416 companies
in the Banks - Regional - US industry.
Industry Max: 2306.11, Med: 1.79, Min: 0.01
HTBK: 0.29
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 0, Med: 0, Max: 0.29
Current: 0.29
0
0.29
Beneish M-Score -2.18
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 0%
WACC 9.59%

Profitability & Growth : 4/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Net Margin % 28.31
Net Margin ranked higher than
55.70% of 1639 companies
in the Banks - Regional - US industry.
Industry Max: 10754.72, Med: 25.15, Min: -234138
HTBK: 28.31
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: -104.78, Med: 20.41, Max: 28.31
Current: 28.31
-104.78
28.31
ROE % 11.26
ROE ranked higher than
60.93% of 1638 companies
in the Banks - Regional - US industry.
Industry Max: 231.61, Med: 9.79, Min: -53900
HTBK: 11.26
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: -32.87, Med: 5.87, Max: 11.26
Current: 11.26
-32.87
11.26
ROA % 1.26
ROA ranked higher than
59.94% of 1645 companies
in the Banks - Regional - US industry.
Industry Max: 54.28, Med: 1.01, Min: -205.98
HTBK: 1.26
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: -4.28, Med: 0.85, Max: 1.26
Current: 1.26
-4.28
1.26
3-Year Total Revenue Growth Rate 15.50
3-Year Revenue Growth Rate ranked higher than
56.71% of 1513 companies
in the Banks - Regional - US industry.
Industry Max: 672.4, Med: 4.3, Min: -100
HTBK: 1.7
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -24.6, Med: 1.7, Max: 139.5
Current: 1.7
-24.6
139.5
3-Year EPS w/o NRI Growth Rate 20.50
3-Year EPS w/o NRI Growth Rate ranked higher than
70.86% of 1359 companies
in the Banks - Regional - US industry.
Industry Max: 804.5, Med: 5.3, Min: -214.9
HTBK: 20.5
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
3-Year EPS w/o NRI Growth Rate range over the past 10 years
Min: 0, Med: 16.4, Max: 41.9
Current: 20.5
0
41.9

» HTBK's 30-Y Financials

Financials (Next Earnings Date: 2019-07-26)

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Business Description

Industry Banks » Banks - Regional - US    NAICS : 522110    SIC : 6022
Compare NAS:FCBC NAS:MBWM NAS:QCRH NAS:TBBK NAS:PGC NAS:FBMS NAS:FLIC NAS:CARE NAS:PUB NAS:SBT NAS:CNBKA NAS:AMAL NAS:NCBS NAS:ANCX NAS:IBCP NAS:FMBH NAS:LBC NAS:BDGE NAS:AROW NAS:BMRC
Traded in other countries
Address 150 Almaden Boulevard, San Jose, CA, USA, 95113
Heritage Commerce Corporation operates as a bank holding company. The company through its subsidiary offers commercial banking services to small and medium-sized businesses and their owners, managers and employees. It operates through two segments namely Banking Segment and Factoring Segment. The bank generates majority of its revenue from the Banking Segment.

Ratios

Current vs industry vs history
PE Ratio (TTM) 13.87
PE Ratio ranked lower than
76.75% of 1557 companies
in the Banks - Regional - US industry.
Industry Max: 625000, Med: 12.36, Min: 0.02
HTBK: 13.87
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 13.15, Med: 21, Max: 92.85
Current: 13.87
13.15
92.85
Forward PE Ratio 10.21
Forward P/E ranked lower than
57.08% of 487 companies
in the Banks - Regional - US industry.
Industry Max: 232.56, Med: 11.17, Min: 3.33
HTBK: 10.21
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 13.87
PE without NRI ranked lower than
76.44% of 1532 companies
in the Banks - Regional - US industry.
Industry Max: 625000, Med: 12.43, Min: 0.02
HTBK: 13.87
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 13.15, Med: 21, Max: 92.85
Current: 13.87
13.15
92.85
Price-to-Owner-Earnings 12.08
Price-to-Owner-Earnings ranked lower than
69.97% of 989 companies
in the Banks - Regional - US industry.
Industry Max: 2862049.23, Med: 12.46, Min: 0.01
HTBK: 12.08
Ranked among companies with meaningful Price-to-Owner-Earnings only.
Price-to-Owner-Earnings range over the past 10 years
Min: 5.72, Med: 12.73, Max: 32.79
Current: 12.08
5.72
32.79
PB Ratio 1.40
PB Ratio ranked lower than
81.04% of 1651 companies
in the Banks - Regional - US industry.
Industry Max: 339397.23, Med: 1.11, Min: 0
HTBK: 1.4
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 0.23, Med: 1.32, Max: 2.41
Current: 1.4
0.23
2.41
PS Ratio 3.89
PS Ratio ranked lower than
78.59% of 1649 companies
in the Banks - Regional - US industry.
Industry Max: 207056.49, Med: 3.01, Min: 0.01
HTBK: 3.89
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 0.58, Med: 3.36, Max: 5.97
Current: 3.89
0.58
5.97
Price-to-Free-Cash-Flow 10.87
Price-to-Free-Cash-Flow ranked lower than
62.02% of 882 companies
in the Banks - Regional - US industry.
Industry Max: 2338.98, Med: 10.27, Min: 0
HTBK: 10.87
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 3.04, Med: 11.25, Max: 19.51
Current: 10.87
3.04
19.51
Price-to-Operating-Cash-Flow 10.82
Price-to-Operating-Cash-Flow ranked lower than
69.09% of 948 companies
in the Banks - Regional - US industry.
Industry Max: 1945525.29, Med: 9.19, Min: 0.01
HTBK: 10.82
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 2.86, Med: 10.92, Max: 19.04
Current: 10.82
2.86
19.04
EV-to-Revenue -0.86
EV-to-Revenue ranked higher than
71.92% of 1325 companies
in the Banks - Regional - US industry.
Industry Max: 2007.65, Med: 3.55, Min: 0.02
HTBK: -0.86
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: -3, Med: 2.2, Max: 4.8
Current: -0.86
-3
4.8

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 3.77
Trailing Dividend Yield ranked higher than
55.97% of 2587 companies
in the Banks - Regional - US industry.
Industry Max: 266.3, Med: 2.92, Min: 0.01
HTBK: 3.77
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 0.36, Med: 2.63, Max: 6.63
Current: 3.77
0.36
6.63
Dividend Payout Ratio 0.51
Dividend Payout Ratio ranked lower than
77.11% of 1420 companies
in the Banks - Regional - US industry.
Industry Max: 186.51, Med: 0.33, Min: 0.01
HTBK: 0.51
Ranked among companies with meaningful Dividend Payout Ratio only.
Dividend Payout Ratio range over the past 10 years
Min: 0.17, Med: 0.51, Max: 0.67
Current: 0.51
0.17
0.67
3-Year Dividend Growth Rate (Per Share) 11.20
3-Year Dividend Growth Rate ranked higher than
87.16% of 880 companies
in the Banks - Regional - US industry.
Industry Max: 228.7, Med: 6, Min: -100
HTBK: 11.2
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
3-Year Dividend Growth Rate range over the past 10 years
Min: 0, Med: 0, Max: 81.7
Current: 11.2
0
81.7
Forward Dividend Yield % 3.92
Forward Dividend Yield ranked higher than
54.85% of 2534 companies
in the Banks - Regional - US industry.
Industry Max: 98, Med: 3.16, Min: 0.01
HTBK: 3.92
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 22.15
Yield-on-Cost (5y) ranked lower than
56.19% of 2561 companies
in the Banks - Regional - US industry.
Industry Max: 266.3, Med: 3.65, Min: 0.01
HTBK: 22.15
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 2.14, Med: 15.62, Max: 39.37
Current: 22.15
2.14
39.37
3-Year Share Buyback Rate -10.50
3-Year Share Buyback Rate ranked lower than
79.51% of 1137 companies
in the Banks - Regional - US industry.
Industry Max: 82.2, Med: -2.1, Min: -499.5
HTBK: -10.5
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -30.6, Med: -6.9, Max: 0
Current: -10.5
-30.6
0

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 1.88
Price-to-Tangible-Book ranked lower than
86.58% of 1669 companies
in the Banks - Regional - US industry.
Industry Max: 359582.88, Med: 1.2, Min: 0.01
HTBK: 1.88
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 0.5, Med: 1.6, Max: 3.65
Current: 1.88
0.5
3.65
Price-to-Projected-FCF 0.87
Price-to-Intrinsic-Value-Projected-FCF ranked lower than
76.62% of 958 companies
in the Banks - Regional - US industry.
Industry Max: 460, Med: 0.76, Min: 0.01
HTBK: 0.87
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 0.14, Med: 0.84, Max: 1.9
Current: 0.87
0.14
1.9
Price-to-Median-PS-Value 1.15
Price-to-Median-PS-Value ranked lower than
79.20% of 1524 companies
in the Banks - Regional - US industry.
Industry Max: 186, Med: 1.02, Min: 0.03
HTBK: 1.15
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.24, Med: 0.97, Max: 1.69
Current: 1.15
0.24
1.69
Price-to-Graham-Number 1.08
Price-to-Graham-Number ranked lower than
91.06% of 1476 companies
in the Banks - Regional - US industry.
Industry Max: 99940.04, Med: 0.86, Min: 0
HTBK: 1.08
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 0.71, Med: 1.23, Max: 2.45
Current: 1.08
0.71
2.45

More Statistics

Revenue (TTM) (Mil) $ 136.56
EPS (TTM) $ 0.88
Beta 1.22
Volatility % 34.22
52-Week Range $ 10.84 - 17.75
Shares Outstanding (Mil) 43.34

Analyst Estimate

Piotroski F-Score Details