HERITAGE COMMERCE CORP (HTBK) Fundamental Analysis & Valuation

NASDAQ:HTBK • US4269271098

Current stock price

12.24 USD
-0.04 (-0.33%)
At close:
12.24 USD
0 (0%)
After Hours:

This HTBK fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. HTBK Profitability Analysis

1.1 Basic Checks

  • In the past year HTBK was profitable.
  • HTBK had a positive operating cash flow in the past year.
  • In the past 5 years HTBK has always been profitable.
  • Each year in the past 5 years HTBK had a positive operating cash flow.
HTBK Yearly Net Income VS EBIT VS OCF VS FCFHTBK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M

1.2 Ratios

  • With a Return On Assets value of 0.83%, HTBK is not doing good in the industry: 60.37% of the companies in the same industry are doing better.
  • HTBK has a Return On Equity of 6.75%. This is in the lower half of the industry: HTBK underperforms 70.87% of its industry peers.
Industry RankSector Rank
ROA 0.83%
ROE 6.75%
ROIC N/A
ROA(3y)0.93%
ROA(5y)0.99%
ROE(3y)7.4%
ROE(5y)8.14%
ROIC(3y)N/A
ROIC(5y)N/A
HTBK Yearly ROA, ROE, ROICHTBK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • HTBK has a Profit Margin (24.22%) which is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of HTBK has remained more or less at the same level.
  • HTBK does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 24.22%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-11.59%
PM growth 5Y0.82%
GM growth 3YN/A
GM growth 5YN/A
HTBK Yearly Profit, Operating, Gross MarginsHTBK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. HTBK Health Analysis

2.1 Basic Checks

  • HTBK does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • HTBK has about the same amout of shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, HTBK has more shares outstanding
  • Compared to 1 year ago, HTBK has an improved debt to assets ratio.
HTBK Yearly Shares OutstandingHTBK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
HTBK Yearly Total Debt VS Total AssetsHTBK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.2 Solvency

  • HTBK has a debt to FCF ratio of 0.65. This is a very positive value and a sign of high solvency as it would only need 0.65 years to pay back of all of its debts.
  • HTBK's Debt to FCF ratio of 0.65 is fine compared to the rest of the industry. HTBK outperforms 77.17% of its industry peers.
  • A Debt/Equity ratio of 0.06 indicates that HTBK is not too dependend on debt financing.
  • The Debt to Equity ratio of HTBK (0.06) is better than 79.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 0.65
Altman-Z N/A
ROIC/WACCN/A
WACC14.88%
HTBK Yearly LT Debt VS Equity VS FCFHTBK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
HTBK Yearly Current Assets VS Current LiabilitesHTBK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. HTBK Growth Analysis

3.1 Past

  • HTBK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 34.85%, which is quite impressive.
  • The Earnings Per Share has been growing slightly by 3.76% on average over the past years.
  • The Revenue has grown by 14.54% in the past year. This is quite good.
  • HTBK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.40% yearly.
EPS 1Y (TTM)34.85%
EPS 3Y-6.53%
EPS 5Y3.76%
EPS Q2Q%47.06%
Revenue 1Y (TTM)14.54%
Revenue growth 3Y1.29%
Revenue growth 5Y5.4%
Sales Q2Q%14.12%

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 10.23% on average per year.
  • Based on estimates for the next years, HTBK will show a small growth in Revenue. The Revenue will grow by 7.09% on average per year.
EPS Next Y13.08%
EPS Next 2Y10.23%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.69%
Revenue Next 2Y7.09%
Revenue Next 3YN/A
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.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
HTBK Yearly Revenue VS EstimatesHTBK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M
HTBK Yearly EPS VS EstimatesHTBK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.2 0.4 0.6 0.8 1

More info and screens

Find the best growth stocksShow best growing peers

3

4. HTBK Valuation Analysis

4.1 Price/Earnings Ratio

  • HTBK is valuated correctly with a Price/Earnings ratio of 13.75.
  • HTBK's Price/Earnings ratio is a bit more expensive when compared to the industry. HTBK is more expensive than 67.98% of the companies in the same industry.
  • HTBK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.96.
  • The Price/Forward Earnings ratio is 12.16, 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 68.24% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.04. HTBK is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 13.75
Fwd PE 12.16
HTBK Price Earnings VS Forward Price EarningsHTBK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • The rest of the industry has a similar Price/Free Cash Flow ratio as HTBK.
Industry RankSector Rank
P/FCF 12.3
EV/EBITDA N/A
HTBK Per share dataHTBK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.05
PEG (5Y)3.66
EPS Next 2Y10.23%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. HTBK Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.29%, HTBK is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 2.90, HTBK pays a better dividend. On top of this HTBK pays more dividend than 82.15% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.91, HTBK pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.29%

5.2 History

  • The dividend of HTBK decreases each year by -0.03%.
  • 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)-0.03%
Div Incr Years0
Div Non Decr Years11
HTBK Yearly Dividends per shareHTBK Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • HTBK pays out 66.73% of its income as dividend. This is not a sustainable payout ratio.
DP66.73%
EPS Next 2Y10.23%
EPS Next 3YN/A
HTBK Yearly Income VS Free CF VS DividendHTBK Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
HTBK Dividend Payout.HTBK Dividend Payout, showing the Payout Ratio.HTBK Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

HTBK Fundamentals: All Metrics, Ratios and Statistics

HERITAGE COMMERCE CORP

NASDAQ:HTBK (3/17/2026, 4:30:02 PM)

After market: 12.24 0 (0%)

12.24

-0.04 (-0.33%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)03-09
Earnings (Next)04-22
Inst Owners81.66%
Inst Owner Change2.41%
Ins Owners1.52%
Ins Owner Change3.55%
Market Cap753.86M
Revenue(TTM)197.46M
Net Income(TTM)47.83M
Analysts76.67
Price Target13.67 (11.68%)
Short Float %2.78%
Short Ratio2.44
Dividend
Industry RankSector Rank
Dividend Yield 4.29%
Yearly Dividend0.52
Dividend Growth(5Y)-0.03%
DP66.73%
Div Incr Years0
Div Non Decr Years11
Ex-Date02-05
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.28%
Min EPS beat(2)-1.49%
Max EPS beat(2)12.04%
EPS beat(4)3
Avg EPS beat(4)5.6%
Min EPS beat(4)-1.49%
Max EPS beat(4)12.04%
EPS beat(8)3
Avg EPS beat(8)-1.2%
EPS beat(12)3
Avg EPS beat(12)-2.34%
EPS beat(16)6
Avg EPS beat(16)-1.5%
Revenue beat(2)0
Avg Revenue beat(2)-3.37%
Min Revenue beat(2)-3.94%
Max Revenue beat(2)-2.8%
Revenue beat(4)0
Avg Revenue beat(4)-3.43%
Min Revenue beat(4)-4%
Max Revenue beat(4)-2.8%
Revenue beat(8)1
Avg Revenue beat(8)-3.45%
Revenue beat(12)1
Avg Revenue beat(12)-3.96%
Revenue beat(16)5
Avg Revenue beat(16)-1.7%
PT rev (1m)0%
PT rev (3m)13.24%
EPS NQ rev (1m)5.27%
EPS NQ rev (3m)5.27%
EPS NY rev (1m)1.72%
EPS NY rev (3m)3.41%
Revenue NQ rev (1m)1.97%
Revenue NQ rev (3m)1.97%
Revenue NY rev (1m)0.99%
Revenue NY rev (3m)1.72%
Valuation
Industry RankSector Rank
PE 13.75
Fwd PE 12.16
P/S 3.82
P/FCF 12.3
P/OCF 12.22
P/B 1.06
P/tB 1.41
EV/EBITDA N/A
EPS(TTM)0.89
EY7.27%
EPS(NY)1.01
Fwd EY8.22%
FCF(TTM)1
FCFY8.13%
OCF(TTM)1
OCFY8.18%
SpS3.21
BVpS11.5
TBVpS8.71
PEG (NY)1.05
PEG (5Y)3.66
Graham Number15.18
Profitability
Industry RankSector Rank
ROA 0.83%
ROE 6.75%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 24.22%
GM N/A
FCFM 31.04%
ROA(3y)0.93%
ROA(5y)0.99%
ROE(3y)7.4%
ROE(5y)8.14%
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-11.59%
PM growth 5Y0.82%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 0.65
Debt/EBITDA N/A
Cap/Depr 12.09%
Cap/Sales 0.19%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 128.16%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score9
WACC14.88%
ROIC/WACCN/A
Cap/Depr(3y)35.19%
Cap/Depr(5y)26.49%
Cap/Sales(3y)0.67%
Cap/Sales(5y)0.51%
Profit Quality(3y)110.34%
Profit Quality(5y)110.68%
High Growth Momentum
Growth
EPS 1Y (TTM)34.85%
EPS 3Y-6.53%
EPS 5Y3.76%
EPS Q2Q%47.06%
EPS Next Y13.08%
EPS Next 2Y10.23%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)14.54%
Revenue growth 3Y1.29%
Revenue growth 5Y5.4%
Sales Q2Q%14.12%
Revenue Next Year8.69%
Revenue Next 2Y7.09%
Revenue Next 3YN/A
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 1Y64.13%
FCF growth 3Y-3.9%
FCF growth 5Y2.51%
OCF growth 1Y58.26%
OCF growth 3Y-4.06%
OCF growth 5Y1.48%

HERITAGE COMMERCE CORP / HTBK Fundamental Analysis 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 3 / 10 to HERITAGE COMMERCE CORP (HTBK). This can be considered as Overvalued.


Can you provide the profitability details for HERITAGE COMMERCE CORP?

HERITAGE COMMERCE CORP (HTBK) has a profitability rating of 3 / 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 7 / 10 and the dividend payout ratio is 66.73%.