Heritage Commerce (Heritage Commerce) Mortgage Backed Securities (USD Mil)

: 597.23 (As of Dec. 2023)

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Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

Heritage Commerce's Mortgage Backed Securities (USD Mil) for the quarter that ended in Dec. 2023 was 597.23 , which is lower than 692.44 for the pervious quarter ended in Sep. 2023.

Heritage Commerce's Mortgage Backed Securities (USD Mil) for the annual that ended in Dec. 2023 was 597.23 , which is lower than 748.50 for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Heritage Commerce's Mortgage Backed Securities (USD Mil) or its related term are showing as below:

Heritage Commerce Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Heritage Commerce's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Heritage Commerce Annual Data

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Competitive Comparison

For the Banks - Regional subindustry, Heritage Commerce's Mortgage Backed Securities (USD Mil), along with its competitors' market caps and Mortgage Backed Securities (USD Mil) 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 (NAS:HTBK) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.

Heritage Commerce Mortgage Backed Securities (USD Mil) Related Terms

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Heritage Commerce (Heritage Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heritage Commerce Corp (NAS:HTBK) » Definitions » Mortgage Backed Securities (USD Mil)

Comparable Companies

Traded in Other Exchanges

XHC:Germany

Address

224 Airport Parkway, San Jose, CA, USA, 95110

Website

https://www.heritagecommercecorp.com

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

Susan Svensson Just	officer: EVP/Chief Credit Officer	224 AIRPORT PARKWAY, SAN JOSE CA 95110
Jack W Conner	director	HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
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