HTBK logo

Heritage Commerce (HTBK) Company Overview

Profile

Full Name:

Heritage Commerce Corp

Country:

United States

IPO:

July 20, 1998

Indexes:

Not included

Description:

Heritage Commerce (HTBK) is a financial services company that provides banking solutions to individuals and businesses. They offer services like loans, savings accounts, and investment options, focusing on community support and customer satisfaction. Their goal is to help clients achieve financial success and stability.

Key Details

Price

$10.12

Annual Revenue

$172.40 M(-10.31% YoY)

Annual EPS

$0.66(-37.14% YoY)

Beta

0.81

Events Calendar

Earnings

Next earnings date:

Apr 25, 2025

Recent quarterly earnings:

Jan 23, 2025

Recent annual earnings:

Jan 23, 2025
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Feb 6, 2025
Splits

Next split:

N/A

Recent split:

Feb 3, 2000

Analyst ratings

Recent major analysts updates

Jan 27, 25 Stephens & Co.
Equal-Weight
Jan 24, 25 Keefe, Bruyette & Woods
Outperform
Jul 26, 24 Piper Sandler
Overweight
Jul 26, 24 Keefe, Bruyette & Woods
Outperform
Apr 26, 24 Piper Sandler
Overweight
Jan 26, 24 Piper Sandler
Overweight
Jan 26, 24 Keefe, Bruyette & Woods
Outperform
Jan 5, 24 Raymond James
Outperform
Oct 30, 23 Raymond James
Outperform
Aug 11, 23 Stephens & Co.
Equal-Weight

Market Data

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Price

Market cap

Technical

Dividend

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Events

Dividend per share

Dividend yield

Other

Profitability

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Revenue

Profit

EPS

ROA & ROE

EBIT & EBITDA

Valuation

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

PE Ratio

PB Ratio

PS Ratio

Enterprise value

EV/EBITDA

Financial Health

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Liquidity

Leverage

Risk & Stability

Balance Sheet

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Assets

Equity

Liabilities

Debt

Expenses

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cash Flow

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cashflow Activities

Free CashFlow

CAPEX

Institutional Ownership

Heritage Commerce (HTBK) Misses Q4 Earnings Estimates
Heritage Commerce (HTBK) Misses Q4 Earnings Estimates
Heritage Commerce (HTBK) Misses Q4 Earnings Estimates
HTBK
zacks.comJanuary 23, 2025

Heritage Commerce (HTBK) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.22 per share a year ago.

Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share
Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share
Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share
HTBK
globenewswire.comJanuary 23, 2025

SAN JOSE, Calif., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors had declared its regular quarterly cash dividend of $0.13 per share to holders of its common stock. The dividend will be payable on February 20, 2025, to shareholders of record at the close of the business day on February 6, 2025. Heritage Commerce Corp has paid a cash dividend each quarter since 2013.

Heritage Commerce Corp Reports Robust Loan and Deposit Growth in 2024
Heritage Commerce Corp Reports Robust Loan and Deposit Growth in 2024
Heritage Commerce Corp Reports Robust Loan and Deposit Growth in 2024
HTBK
globenewswire.comJanuary 23, 2025

SAN JOSE, Calif., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), (the “Company”), the holding company for Heritage Bank of Commerce (the “Bank”), today announced that its fourth quarter 2024 net income was $10.6 million, or $0.17 per average diluted common share, compared to $10.5 million, or $0.17 per average diluted common share, for the third quarter of 2024, and $13.3 million, or $0.22 per average diluted common share, for the fourth quarter of 2023. For the year ended December 31, 2024, net income was $40.5 million, or $0.66 per average diluted common share, compared to $64.4 million, or $1.05 per average diluted common share, for the year ended December 31, 2023. All data are unaudited.

Heritage Commerce Corp Announces Chief Financial Officer Succession
Heritage Commerce Corp Announces Chief Financial Officer Succession
Heritage Commerce Corp Announces Chief Financial Officer Succession
HTBK
globenewswire.comNovember 13, 2024

Lawrence D. McGovern to Depart Company in February 2025; Thomas A. Sa to Serve as Interim Chief Financial Officer Lawrence D. McGovern to Depart Company in February 2025; Thomas A. Sa to Serve as Interim Chief Financial Officer

Heritage Commerce (HTBK) Q3 Earnings Match Estimates
Heritage Commerce (HTBK) Q3 Earnings Match Estimates
Heritage Commerce (HTBK) Q3 Earnings Match Estimates
HTBK
zacks.comOctober 24, 2024

Heritage Commerce (HTBK) came out with quarterly earnings of $0.17 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.26 per share a year ago.

Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share
Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share
Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share
HTBK
globenewswire.comOctober 24, 2024

SAN JOSE, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce (the “Bank”), today announced that its Board of Directors had declared its regular quarterly cash dividend of $0.13 per share to holders of its common stock. The dividend will be payable on November 21, 2024, to shareholders of record at the close of the business day on November 7, 2024. Heritage Commerce Corp has paid a cash dividend each quarter since 2013.

Heritage Commerce Corp Reports Client Deposit Growth of 6% in the Third Quarter of 2024
Heritage Commerce Corp Reports Client Deposit Growth of 6% in the Third Quarter of 2024
Heritage Commerce Corp Reports Client Deposit Growth of 6% in the Third Quarter of 2024
HTBK
globenewswire.comOctober 24, 2024

SAN JOSE, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), (the “Company”), the holding company for Heritage Bank of Commerce (the “Bank”), today announced that its third quarter 2024 net income was $10.5 million, or $0.17 per average diluted common share, compared to $9.2 million, or $0.15 per average diluted common share, for the second quarter of 2024, and $15.8 million, or $0.26 per average diluted common share, for the third quarter of 2023. For the nine months ended September 30, 2024, net income was $29.9 million, or $0.49 per average diluted common share, compared to $51.1 million, or $0.83 per average diluted common share, for the nine months ended September 30, 2023. All data are unaudited.

Heritage Commerce Corp and Heritage Bank of Commerce Announce Appointment of New Chief Operating Officer Thomas A. Sa
Heritage Commerce Corp and Heritage Bank of Commerce Announce Appointment of New Chief Operating Officer Thomas A. Sa
Heritage Commerce Corp and Heritage Bank of Commerce Announce Appointment of New Chief Operating Officer Thomas A. Sa
HTBK
globenewswire.comOctober 2, 2024

SAN JOSE, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (“Company”), parent company of Heritage Bank of Commerce (“Bank”), today announced the appointment of Thomas A. Sa as the Chief Operating Officer (“COO”) of the Company and the Bank. As COO, Mr. Sa will report directly to Chief Executive Officer (“CEO”) Robertson “Clay” Jones and will have primary responsibility for banking operations, risk management, and information technology systems. Mr. Sa had previously served as President, Chief Operating Officer and Chief Financial Officer of California BanCorp and its subsidiary, California Bank of Commerce, which merged with Southern California Bancorp in July 2024. Mr. Sa has more than thirty years' experience in a variety of increasingly responsible positions in California-based community and regional banks.

Ranson W. Webster to Retire from Heritage Commerce Corp Board of Directors and Julianne M. Biagini-Komas to be named Vice Chair of Board
Ranson W. Webster to Retire from Heritage Commerce Corp Board of Directors and Julianne M. Biagini-Komas to be named Vice Chair of Board
Ranson W. Webster to Retire from Heritage Commerce Corp Board of Directors and Julianne M. Biagini-Komas to be named Vice Chair of Board
HTBK
globenewswire.comAugust 15, 2024

SAN JOSE, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (the "Company"), the parent company of Heritage Bank of Commerce (the "Bank"), today announced the retirement of Ranson W. Webster from the Board of Directors, effective October 1, 2024. As one of the original founders, Webster joined the Board in 2004 and has served as Vice Chair of the Boards of Directors of the Company and the Bank. Director Julianne M. Biagini-Komas will assume the role of Vice Chair of both boards effective on the same date.

Heritage Commerce Corp Announces $15 Million Share Repurchase
Heritage Commerce Corp Announces $15 Million Share Repurchase
Heritage Commerce Corp Announces $15 Million Share Repurchase
HTBK
globenewswire.comJuly 25, 2024

SAN JOSE, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (the "Company") the holding company of Heritage Bank of Commerce (the "Bank") today announced that its Board of Directors (the “Board”) adopted a share repurchase program (the “Repurchase Program”) under which the Company is authorized to repurchase up to $15 million of the Company's shares of its issued and outstanding common stock.

  • 1(current)
  • 2
  • 3
  • 1(current)
  • 2
  • 3

FAQ

  • What is the ticker symbol for Heritage Commerce?
  • Does Heritage Commerce pay dividends?
  • What sector is Heritage Commerce in?
  • What industry is Heritage Commerce in?
  • What country is Heritage Commerce based in?
  • When did Heritage Commerce go public?
  • Is Heritage Commerce in the S&P 500?
  • Is Heritage Commerce in the NASDAQ 100?
  • Is Heritage Commerce in the Dow Jones?
  • When was Heritage Commerce's last earnings report?
  • When does Heritage Commerce report earnings?
  • Should I buy Heritage Commerce stock now?

What is the ticker symbol for Heritage Commerce?

The ticker symbol for Heritage Commerce is NASDAQ:HTBK

Does Heritage Commerce pay dividends?

Yes, Heritage Commerce pays dividends. The last payment was $0.13, with an ex-dividend date on February 6, 2025

What sector is Heritage Commerce in?

Heritage Commerce is in the Financial Services sector

What industry is Heritage Commerce in?

Heritage Commerce is in the Banks - Regional industry

What country is Heritage Commerce based in?

Heritage Commerce is headquartered in United States

When did Heritage Commerce go public?

Heritage Commerce's initial public offering (IPO) was on July 20, 1998

Is Heritage Commerce in the S&P 500?

No, Heritage Commerce is not included in the S&P 500 index

Is Heritage Commerce in the NASDAQ 100?

No, Heritage Commerce is not included in the NASDAQ 100 index

Is Heritage Commerce in the Dow Jones?

No, Heritage Commerce is not included in the Dow Jones index

When was Heritage Commerce's last earnings report?

Heritage Commerce's most recent earnings report was on Jan 23, 2025

When does Heritage Commerce report earnings?

The next expected earnings date for Heritage Commerce is Apr 25, 2025

Should I buy Heritage Commerce stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions