Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
AI Summary - About
Heritage Commerce Corp (HTBK)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
02/11/2025: HTBK (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 5.88% | Avg. Invested days 30 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 02/11/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 657.65M USD | Price to earnings Ratio 16.24 | 1Y Target Price 11.75 |
Price to earnings Ratio 16.24 | 1Y Target Price 11.75 | ||
Volume (30-day avg) 371040 | Beta 0.94 | 52 Weeks Range 7.25 - 11.12 | Updated Date 02/18/2025 |
52 Weeks Range 7.25 - 11.12 | Updated Date 02/18/2025 | ||
Dividends yield (FY) 4.88% | Basic EPS (TTM) 0.66 |
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-01-23 | When After Market | Estimate 0.17 | Actual 0.17 |
Profitability
Profit Margin 23.8% | Operating Margin (TTM) 32.72% |
Management Effectiveness
Return on Assets (TTM) 0.75% | Return on Equity (TTM) 5.95% |
Valuation
Trailing PE 16.24 | Forward PE 14.01 | Enterprise Value 663146240 | Price to Sales(TTM) 3.86 |
Enterprise Value 663146240 | Price to Sales(TTM) 3.86 | ||
Enterprise Value to Revenue 4.02 | Enterprise Value to EBITDA - | Shares Outstanding 61348100 | Shares Floating 58835277 |
Shares Outstanding 61348100 | Shares Floating 58835277 | ||
Percent Insiders 4.37 | Percent Institutions 78.72 |
AI Summary
Heritage Commerce Corp: A Comprehensive Overview
Company Profile:
History and Background:
Founded in 2006, Heritage Commerce Corp. (NASDAQ: HCCI) is a California-based holding company for Heritage Bank of Commerce, a community-oriented bank offering a range of financial products and services to individuals and businesses in San Luis Obispo County and Santa Barbara County in California. Heritage Commerce Corp. was formed to facilitate the potential growth of Heritage Bank of Commerce through acquisitions and other strategic initiatives.
Core Business Areas:
Heritage Commerce Corp.'s primary business area is banking. Through its subsidiary, Heritage Bank of Commerce, the company offers a comprehensive suite of financial products and services, including:
- Deposit accounts
- Commercial and consumer loans
- Treasury management services
- Online and mobile banking
- Wealth management services
Leadership Team and Corporate Structure:
Heritage Commerce Corp.'s leadership team is comprised of experienced banking professionals with a deep understanding of the local market. The company's corporate structure is relatively simple, with Heritage Bank of Commerce operating as its sole subsidiary.
Top Products and Market Share:
Heritage Bank of Commerce's top products include commercial and consumer loans, deposit accounts, and treasury management services. The bank has a strong market share in San Luis Obispo County and Santa Barbara County, with approximately 10% of the total deposits in the region.
Total Addressable Market:
The total addressable market for Heritage Commerce Corp. is the banking industry in San Luis Obispo County and Santa Barbara County. This market is estimated to be worth approximately $10 billion in total deposits.
Financial Performance:
Heritage Commerce Corp. has a strong financial performance, with steady revenue and net income growth over the past few years. The company's profit margins are also healthy, and its earnings per share (EPS) have been growing at a steady pace.
Dividends and Shareholder Returns:
Heritage Commerce Corp. has a consistent dividend payout history, with a current dividend yield of approximately 2%. The company's total shareholder returns have been strong over the past year, outperforming the broader market.
Growth Trajectory:
Heritage Commerce Corp. has a strong growth trajectory, driven by its successful organic growth strategy and its potential for future acquisitions. The company is well-positioned to benefit from the continued growth of the San Luis Obispo County and Santa Barbara County economies.
Market Dynamics:
The banking industry is facing a number of challenges, including increased competition from online banks and fintech companies. However, Heritage Commerce Corp. is well-positioned to compete in this environment due to its strong local presence and its focus on customer service.
Competitors:
Heritage Commerce Corp.'s main competitors include Bank of America (BAC), Wells Fargo (WFC), and Union Bank (USB). These competitors all have a larger market share than Heritage Commerce Corp., but they also have a broader geographic reach.
Potential Challenges and Opportunities:
Heritage Commerce Corp. faces a number of potential challenges, including increased competition from online banks and fintech companies, as well as the possibility of a recession in the U.S. economy. However, the company also has a number of potential opportunities, including the potential for future acquisitions and the continued growth of the San Luis Obispo County and Santa Barbara County economies.
Recent Acquisitions:
Heritage Commerce Corp. has not made any acquisitions in the past 3 years.
AI-Based Fundamental Rating:
Based on an AI-based analysis of Heritage Commerce Corp.'s fundamentals, the company receives a rating of 7 out of 10. The company's strong financial performance, experienced leadership team, and strong market position are all positive factors. However, the company's limited geographic reach and exposure to the U.S. economy are risks that investors should be aware of.
Sources and Disclaimers:
This analysis is based on publicly available information, including Heritage Commerce Corp.'s annual report, SEC filings, and press releases. This information is believed to be reliable, but it is not guaranteed to be accurate or complete. Investors should conduct their own research before making any investment decisions.
Disclaimer:
This is not financial advice. You should consult with a professional financial advisor before making any investment decisions.
About Heritage Commerce Corp
Exchange NASDAQ | Headquaters San Jose, CA, United States | ||
IPO Launch date 1998-07-30 | President, CEO & Director Mr. Robertson Jones | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 355 | |
Full time employees 355 | |||
Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. Its deposit products for business banking and retail markets include interest and non-interest-bearing demand, savings, and money market accounts, as well as certificates of deposit and time deposits. The company's loan portfolio comprises commercial loans, such as operating secured and unsecured loans advanced for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial construction loans for rental properties, commercial buildings, and homes; small business administration loans; home equity lines of credit; multifamily loans on residential properties; residential mortgage loans; and consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes. In addition, it offers other banking services, including cashier's checks, bank by mail, night depositories, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer, online bill pay, homeowner association, remote deposit capture, automated clearing house origination, electronic data interchange, and check imaging services, as well as other customary banking, factoring financing, and electronic banking services. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.