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HTBK (Heritage Commerce) 3-Year Book Growth Rate : 4.50% (As of Sep. 2024)


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What is Heritage Commerce 3-Year Book Growth Rate?

Heritage Commerce's Book Value per Share for the quarter that ended in Sep. 2024 was $11.18.

During the past 12 months, Heritage Commerce's average Book Value per Share Growth Rate was 3.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 4.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 4.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was 6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Heritage Commerce was 15.60% per year. The lowest was -28.40% per year. And the median was 6.85% per year.


Competitive Comparison of Heritage Commerce's 3-Year Book Growth Rate

For the Banks - Regional subindustry, Heritage Commerce's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heritage Commerce's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heritage Commerce's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Heritage Commerce's 3-Year Book Growth Rate falls into.



Heritage Commerce 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


Heritage Commerce  (NAS:HTBK) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Heritage Commerce 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Heritage Commerce's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Heritage Commerce Business Description

Traded in Other Exchanges
Address
224 Airport Parkway, San Jose, CA, USA, 95110
Heritage Commerce Corp 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 and Factoring. The bank generates its revenue from the Banking segment.
Executives
Jack W Conner director HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Susan Svensson Just officer: EVP/Chief Credit Officer 224 AIRPORT PARKWAY, SAN JOSE CA 95110
Jason Philip Dinapoli director 1875 CENTURY PARK EAST, SUITE 1400, LOS ANGELES CA 90067
Robert Moles director HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Kamran F Husain director 3005 TASMAN DRIVE, SANTA CLARA CA 95054
Stephen G. Heitel director 150 ALMADEN BOULEVARD, SAN JOSE CA 95113
Lawrence D Mcgovern officer: Chief Financial Officer C/O HERITAGE COMMERCE CORP, 150 ALMADEN BLVD, SAN JOSE CA 95113
Walter Theodore Kaczmarek director, officer: CEO and President HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Peng Coonley Janice Yuli officer: EVP/Chief People and Diversity 224 AIRPORT BLVD, SAN JOSE CA 92692
Deborah Reuter officer: EVP/CRO/Corporate Secretary 224 AIRPORT PARKWAY, SAN JOSE CA 95110
Michael Eugene Benito officer: EVP/Business Banking Division 150 ALMADNE BLVD., SAN JOSE CA 95113
Keith Wilton officer: EVP/COO 150 ALMADEN BLVD., SAN JOSE CA 95113
Steven L. Hallgrimson director 150 ALMADEN BLVD., SAN JOSE CA 95113
Jones Robertson Clay Jr officer: EVP 150 ALMADEN BOULEVARD, SAN JOSE CA 95113
Bruce H Cabral director 150 ALMADEN BOULEVARD, SAN JOSE CA 95113