Full history for every metric is available with a Kvantra account
Heritage Commerce Corp (HTBK)
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total net revenue | $m | 152 | 156 | 190 | 192 | 172 | 195 | 195 |
| Operating profit | $m | 68 | 68 | |||||
| Net profit | $m | 35 | 48 | 67 | 64 | 41 | 48 | 48 |
| EPS reported | $ | 0.78 | 0.78 | |||||
| Operating cashflow per share | $ | 1.00 | 1.01 | |||||
| Capex per share | $ | 0.01 | 0.01 | |||||
| FCF per share | $ | 0.99 | 1.00 | |||||
| Free cash flow | $m | 61 | 61 | |||||
| Net debt | $m | -575 | -575 | |||||
| Book value equity | $m | 709 | 709 | |||||
| Book value per share | $ | 11.48 | 11.48 | |||||
| Number of shares | m | 61.7 | 61.7 | |||||
| DPS (TTM paid) | $ | 0.52 | 0.39 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 15.40 | 17.24 | |||||
| P/B LTM | x | 1.04 | 1.17 | |||||
| P/S LTM | x | 3.79 | 4.26 | |||||
| P/FCF LTM | x | 12.12 | 13.56 | |||||
| EV/EBITDA LTM | x | 10.60 | 3.56 | |||||
| EV/Sales LTM | x | 2.83 | 1.30 | |||||
| Earnings Yield LTM | % | 6.49% | 5.80% | |||||
| FCF Yield | % | 8.25% | 7.38% | |||||
| Quality | ||||||||
| ROE | % | 6.75% | 6.83% | |||||
| ROIC | % | -3.25% | -3.25% | |||||
| Operating margin | % | 25.44% | 25.44% | |||||
| Gross margin | % | 72.63% | 72.63% | |||||
| FCF/Sales | % | 22.83% | 22.96% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +18.18% | +18.18% | |||||
| Sales Growth YoY | % | +12.83% | +12.83% | |||||
| Net Income Growth YoY | % | +18.02% | +18.02% | |||||
| FCF Growth | % | +62.71% | +62.71% | |||||
| Operating Profit Growth | % | +19.45% | +19.45% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 4.33% | 2.90% | |||||
| Dividend Growth | % | 0.00% | - | |||||
| Payout Ratio | % | 66.32% | 66.35% | |||||
| FCF/Debt | x | 1.53 | 1.54 | |||||
| Net Debt/EBITDA | x | 0.25 | 0.25 | |||||
| EBIT/Net interest | x | 0.95 | 0.95 | |||||
| Net debt/market cap | % | -78.07% | -69.39% | |||||
| Net debt/Equity | x | -0.81 | -0.81 | |||||
| Gross debt/equity | x | 0.06 | 0.06 | |||||
Company overview
Heritage Commerce Corp, operating as the parent company for Heritage Bank of Commerce, offers a broad spectrum of commercial and personal banking solutions. The company caters to individuals, businesses, and professionals across California. Its array of deposit products for retail and business clients includes both interest-bearing and non-interest-bearing checking accounts, savings and money market accounts, certificates of deposit, and various time deposits. The loan portfolio is extensive, featuring commercial loans for operational capital, equipment acquisition, and general business needs (both secured and unsecured). It also provides financing for commercial real estate, construction loans for rental properties, commercial structures, and residential development, alongside Small Business Administration (SBA) loans. Residential offerings encompass home equity lines of credit, multifamily property loans, and traditional residential mortgages, while consumer loans cover vehicles, goods, and other personal financing requirements. Furthermore, Heritage Commerce Corp delivers a wide variety of supplementary services, such as cashier's checks, bank-by-mail, night deposit facilities, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer (EFT), online bill payment, services for homeowner associations, remote deposit capture, Automated Clearing House (ACH) origination, electronic data interchange (EDI), check imaging, factoring financing, and a full suite of other digital and conventional banking services. The company maintains 17 full-service branch locations, primarily positioned within the greater San Francisco Bay Area of California. Heritage Commerce Corp was established in 1994 and is headquartered in San Jose, California.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Heritage Commerce Corp (HTBK)
Heritage Commerce Corp, operating as the parent company for Heritage Bank of Commerce, offers a broad spectrum of commercial and personal banking solutions. The company caters to individuals, businesses, and professionals across California. Its array of deposit products for retail and business clients includes both interest-bearing and non-interest-bearing checking accounts, savings and money market accounts, certificates of deposit, and various time deposits. The loan portfolio is extensive, featuring commercial loans for operational capital, equipment acquisition, and general business needs (both secured and unsecured). It also provides financing for commercial real estate, construction loans for rental properties, commercial structures, and residential development, alongside Small Business Administration (SBA) loans. Residential offerings encompass home equity lines of credit, multifamily property loans, and traditional residential mortgages, while consumer loans cover vehicles, goods, and other personal financing requirements. Furthermore, Heritage Commerce Corp delivers a wide variety of supplementary services, such as cashier's checks, bank-by-mail, night deposit facilities, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer (EFT), online bill payment, services for homeowner associations, remote deposit capture, Automated Clearing House (ACH) origination, electronic data interchange (EDI), check imaging, factoring financing, and a full suite of other digital and conventional banking services. The company maintains 17 full-service branch locations, primarily positioned within the greater San Francisco Bay Area of California. Heritage Commerce Corp was established in 1994 and is headquartered in San Jose, California.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free