12.36 USD
+0.04 (+0.32%)
12.36 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to HTBK. HTBK was compared to 383 industry peers in the Banks industry. HTBK may be in some trouble as it scores bad on both profitability and health. HTBK is not valued too expensively and it also shows a decent growth rate. Finally HTBK also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- HTBK had positive earnings in the past year.
- In the past year HTBK had a positive cash flow from operations.
- In the past 5 years HTBK has always been profitable.
- HTBK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of HTBK (0.77%) is worse than 61.62% of its industry peers.
- Looking at the Return On Equity, with a value of 6.19%, HTBK is doing worse than 71.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 6.19% | ||
| ROIC | N/A |
ROA(3y)1.08%
ROA(5y)0.98%
ROE(3y)8.66%
ROE(5y)8.01%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- HTBK has a Profit Margin (22.78%) which is comparable to the rest of the industry.
- HTBK's Profit Margin has declined in the last couple of years.
- HTBK does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 22.78% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-8.43%
PM growth 5Y-3.79%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- HTBK does not have a ROIC to compare to the WACC, probably because it is not profitable.
- HTBK has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, HTBK has more shares outstanding
- The debt/assets ratio for HTBK has been reduced compared to a year ago.
2.2 Solvency
- HTBK has a debt to FCF ratio of 0.70. This is a very positive value and a sign of high solvency as it would only need 0.70 years to pay back of all of its debts.
- HTBK's Debt to FCF ratio of 0.70 is fine compared to the rest of the industry. HTBK outperforms 75.46% of its industry peers.
- HTBK has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
- With a decent Debt to Equity ratio value of 0.06, HTBK is doing good in the industry, outperforming 79.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.7 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.31%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 14.08% over the past year.
- Measured over the past years, HTBK shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.01% on average per year.
- The Revenue has grown by 11.71% in the past year. This is quite good.
- Measured over the past years, HTBK shows a small growth in Revenue. The Revenue has been growing by 3.96% on average per year.
EPS 1Y (TTM)14.08%
EPS 3Y-6.21%
EPS 5Y-6.01%
EPS Q2Q%41.18%
Revenue 1Y (TTM)11.71%
Revenue growth 3Y3.43%
Revenue growth 5Y3.96%
Sales Q2Q%17.22%
3.2 Future
- Based on estimates for the next years, HTBK will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.13% on average per year.
- HTBK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.19% yearly.
EPS Next Y34.79%
EPS Next 2Y21.43%
EPS Next 3Y17.13%
EPS Next 5YN/A
Revenue Next Year17.27%
Revenue Next 2Y12.34%
Revenue Next 3Y10.19%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 15.26, the valuation of HTBK can be described as correct.
- 67.62% of the companies in the same industry are cheaper than HTBK, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of HTBK to the average of the S&P500 Index (27.30), we can say HTBK is valued slightly cheaper.
- The Price/Forward Earnings ratio is 12.70, which indicates a correct valuation of HTBK.
- HTBK's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. HTBK is more expensive than 65.80% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.04, HTBK is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.26 | ||
| Fwd PE | 12.7 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of HTBK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.25 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- HTBK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as HTBK's earnings are expected to grow with 17.13% in the coming years.
PEG (NY)0.44
PEG (5Y)N/A
EPS Next 2Y21.43%
EPS Next 3Y17.13%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.11%, HTBK is a good candidate for dividend investing.
- HTBK's Dividend Yield is rather good when compared to the industry average which is at 2.90. HTBK pays more dividend than 80.16% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.92, HTBK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
5.2 History
- The dividend of HTBK has a limited annual growth rate of 3.29%.
- HTBK has been paying a dividend for at least 10 years, so it has a reliable track record.
- HTBK has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.29%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
- 73.66% of the earnings are spent on dividend by HTBK. This is not a sustainable payout ratio.
- The dividend of HTBK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP73.66%
EPS Next 2Y21.43%
EPS Next 3Y17.13%
12.36
+0.04 (+0.32%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)10-23 2025-10-23/amc
Earnings (Next)01-22 2026-01-22/amc
Inst Owners80.3%
Inst Owner Change0.89%
Ins Owners2.14%
Ins Owner Change3.05%
Market Cap757.42M
Revenue(TTM)190.21M
Net Income(TTM)43.33M
Analysts80
Price Target12.41 (0.4%)
Short Float %2.81%
Short Ratio2.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
Yearly Dividend0.52
Dividend Growth(5Y)3.29%
DP73.66%
Div Incr Years0
Div Non Decr Years11
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.2%
Min EPS beat(2)8.36%
Max EPS beat(2)12.04%
EPS beat(4)3
Avg EPS beat(4)5.48%
Min EPS beat(4)-1.96%
Max EPS beat(4)12.04%
EPS beat(8)3
Avg EPS beat(8)-2.04%
EPS beat(12)3
Avg EPS beat(12)-2.34%
EPS beat(16)7
Avg EPS beat(16)-1.15%
Revenue beat(2)0
Avg Revenue beat(2)-3.47%
Min Revenue beat(2)-3.94%
Max Revenue beat(2)-2.99%
Revenue beat(4)1
Avg Revenue beat(4)-1.64%
Min Revenue beat(4)-4%
Max Revenue beat(4)4.36%
Revenue beat(8)1
Avg Revenue beat(8)-3.96%
Revenue beat(12)2
Avg Revenue beat(12)-3.42%
Revenue beat(16)6
Avg Revenue beat(16)-1.29%
PT rev (1m)2.82%
PT rev (3m)10.61%
EPS NQ rev (1m)0%
EPS NQ rev (3m)11.17%
EPS NY rev (1m)0%
EPS NY rev (3m)7.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.51%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.26 | ||
| Fwd PE | 12.7 | ||
| P/S | 3.98 | ||
| P/FCF | 13.25 | ||
| P/OCF | 13.17 | ||
| P/B | 1.08 | ||
| P/tB | 1.44 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.81
EY6.55%
EPS(NY)0.97
Fwd EY7.87%
FCF(TTM)0.93
FCFY7.55%
OCF(TTM)0.94
OCFY7.59%
SpS3.1
BVpS11.42
TBVpS8.6
PEG (NY)0.44
PEG (5Y)N/A
Graham Number14.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 6.19% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 22.78% | ||
| GM | N/A | ||
| FCFM | 30.05% |
ROA(3y)1.08%
ROA(5y)0.98%
ROE(3y)8.66%
ROE(5y)8.01%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-8.43%
PM growth 5Y-3.79%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.7 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 11.3% | ||
| Cap/Sales | 0.19% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 131.9% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC15.31%
ROIC/WACCN/A
Cap/Depr(3y)38.07%
Cap/Depr(5y)37.52%
Cap/Sales(3y)0.74%
Cap/Sales(5y)0.89%
Profit Quality(3y)102.19%
Profit Quality(5y)115.72%
High Growth Momentum
Growth
EPS 1Y (TTM)14.08%
EPS 3Y-6.21%
EPS 5Y-6.01%
EPS Q2Q%41.18%
EPS Next Y34.79%
EPS Next 2Y21.43%
EPS Next 3Y17.13%
EPS Next 5YN/A
Revenue 1Y (TTM)11.71%
Revenue growth 3Y3.43%
Revenue growth 5Y3.96%
Sales Q2Q%17.22%
Revenue Next Year17.27%
Revenue Next 2Y12.34%
Revenue Next 3Y10.19%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-44.7%
FCF growth 3Y-12.94%
FCF growth 5Y-5.72%
OCF growth 1Y-45.08%
OCF growth 3Y-11.83%
OCF growth 5Y-4.99%
HERITAGE COMMERCE CORP / HTBK FAQ
Can you provide the ChartMill fundamental rating for HERITAGE COMMERCE CORP?
ChartMill assigns a fundamental rating of 4 / 10 to HTBK.
What is the valuation status for HTBK stock?
ChartMill assigns a valuation rating of 4 / 10 to HERITAGE COMMERCE CORP (HTBK). This can be considered as Fairly Valued.
Can you provide the profitability details for HERITAGE COMMERCE CORP?
HERITAGE COMMERCE CORP (HTBK) has a profitability rating of 2 / 10.
How financially healthy is HERITAGE COMMERCE CORP?
The financial health rating of HERITAGE COMMERCE CORP (HTBK) is 3 / 10.
How sustainable is the dividend of HERITAGE COMMERCE CORP (HTBK) stock?
The dividend rating of HERITAGE COMMERCE CORP (HTBK) is 8 / 10 and the dividend payout ratio is 73.66%.