Heritage Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Heritage Commerce Corp
HTBK Stock  USD 9.62  0.01  0.10%   
Heritage Commerce financial statements provide useful quarterly and yearly information to potential Heritage Commerce Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Heritage Commerce financial statements helps investors assess Heritage Commerce's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Heritage Commerce's valuation are summarized below:
Gross Profit
169.2 M
Profit Margin
0.2556
Market Capitalization
601.2 M
Enterprise Value Revenue
3.6533
Revenue
169.2 M
There are currently one hundred twenty fundamental trends for Heritage Commerce Corp that can be evaluated and compared over time across competitors. We recommend to confirm Heritage Commerce's regular fundamental drivers against the all of the trends between 2010 and 2025. Market Cap is expected to rise to about 603.5 M this year. Enterprise Value is expected to rise to about 286 M this year

Heritage Commerce Total Revenue

8,310.6

Check Heritage Commerce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heritage Commerce's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Interest Expense of 75.1 K or Selling And Marketing Expenses of 80.1 M, as well as many indicators such as Price To Sales Ratio of 69 K, Ptb Ratio of 1.67 or Capex To Depreciation of 0.5. Heritage financial statements analysis is a perfect complement when working with Heritage Commerce Valuation or Volatility modules.
  
Check out the analysis of Heritage Commerce Correlation against competitors.

Heritage Commerce Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets6.3 B6 B3.4 B
Slightly volatile
Total Stockholder Equity812.5 M773.8 M408.5 M
Slightly volatile
Property Plant And Equipment Net50.1 M47.8 M14.9 M
Slightly volatile
Cash239.6 M469.3 M380.1 M
Slightly volatile
Non Current Assets Total5.8 B5.5 B1.5 B
Slightly volatile
Other Assets16.5 M17.3 M1.8 B
Pretty Stable
Cash And Short Term Investments389.6 M469.3 M619.6 M
Slightly volatile
Common Stock Total Equity607.3 M578.4 M322.1 M
Slightly volatile
Common Stock Shares Outstanding64.6 M61.5 M42.4 M
Slightly volatile
Liabilities And Stockholders Equity6.3 B6 B3.4 B
Slightly volatile
Total Liabilities5.5 B5.2 B3 B
Slightly volatile
Property Plant And Equipment Gross33.4 M31.8 M14 M
Slightly volatile
Total Current Assets445.9 M469.3 M1.2 B
Pretty Stable
Common Stock611.6 M582.5 M322.8 M
Slightly volatile
Total Current Liabilities4 M4.2 M43.7 M
Pretty Stable
Accounts Payable112.1 M106.7 M65 M
Slightly volatile
Net Receivables148.1 M141 M81.7 M
Slightly volatile
Short and Long Term Debt Total29.4 M35.6 M25.2 M
Slightly volatile
Other Liabilities40.3 M71.9 M49.4 M
Slightly volatile
Short Term Investments248.6 M421.5 M316.6 M
Pretty Stable
Non Current Liabilities Total5.5 B5.2 B1.1 B
Slightly volatile
Property Plant Equipment7.8 M10.7 M8.2 M
Slightly volatile
Short Term Debt11.4 M6 M6.4 M
Pretty Stable
Good Will202.4 M192.8 M94.8 M
Slightly volatile
Other Current Assets750.2 M380.9 M863.3 M
Pretty Stable
Intangible Assets8.3 M9.9 M8.5 M
Slightly volatile
Net Tangible Assets285 M521.9 M281.7 M
Slightly volatile
Retained Earnings Total Equity176.8 M168.3 M78.9 M
Slightly volatile
Long Term Debt Total37.1 M45.3 M35.8 M
Slightly volatile
Long Term Investments1.8 B1.3 B1.5 B
Slightly volatile
Non Current Liabilities Other66.6 M110.6 M64.7 M
Slightly volatile
Earning Assets1.1 B1.4 B1 B
Slightly volatile
Net Invested Capital624.4 M819.3 M474.4 M
Slightly volatile
Current Deferred Revenue93.8 M117.3 M74.4 M
Slightly volatile
Capital Stock511.8 M582.5 M393.3 M
Slightly volatile

Heritage Commerce Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.1 M4 M2.5 M
Slightly volatile
Interest Expense75.1 K79.1 K4.6 M
Very volatile
Selling And Marketing Expenses80.1 M76.3 M55.5 M
Slightly volatile
Total Revenue8.3 K8.7 K81.6 M
Pretty Stable
Gross Profit8.3 K8.7 K81.5 M
Pretty Stable
Other Operating Expenses5.1 K5.4 K24.1 M
Pretty Stable
Operating Income3.2 K3.3 K34.2 M
Pretty Stable
EBIT98.8 K104 K33.6 M
Pretty Stable
EBITDA98.8 K104 K35.5 M
Pretty Stable
Income Before Tax53.8 K56.7 K31.3 M
Pretty Stable
Net Income38.5 K40.5 K21.3 M
Pretty Stable
Selling General Administrative5.1 K5.4 K28.9 M
Very volatile
Net Income Applicable To Common Shares80.4 M76.5 M35 M
Slightly volatile
Preferred Stock And Other Adjustments1.1 M1.4 M1.5 M
Pretty Stable
Net Income From Continuing Ops50.4 M74.1 M45.7 M
Slightly volatile
Tax Provision20.5 M29.9 M16.8 M
Slightly volatile
Net Interest Income143.5 M210.7 M119.4 M
Slightly volatile
Interest Income156.4 M269.4 M131.2 M
Slightly volatile
Reconciled Depreciation3.8 M4 M3 M
Slightly volatile

Heritage Commerce Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow86.1 M82 M42.8 M
Slightly volatile
Begin Period Cash Flow244.5 M352.6 M353.5 M
Slightly volatile
Depreciation2.1 M4 M2.5 M
Slightly volatile
Capital Expenditures1.6 M1.5 M888.1 K
Slightly volatile
Total Cash From Operating Activities88.2 M84 M43.7 M
Slightly volatile
Net Income77.8 M74.1 M34.8 M
Slightly volatile
End Period Cash Flow265.1 M469.3 M385 M
Slightly volatile
Dividends Paid38.3 M36.5 M18.5 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio69 K65.7 K8.4 K
Slightly volatile
PTB Ratio1.671.031.3573
Pretty Stable
Capex To Depreciation0.50.550.3372
Pretty Stable
PB Ratio1.671.031.3573
Pretty Stable
ROIC0.0230.01430.0201
Pretty Stable
Net Income Per Share6.0E-47.0E-40.6357
Pretty Stable
Payables Turnover0.02160.02330.0206
Pretty Stable
Sales General And Administrative To Revenue0.410.61910.3583
Pretty Stable
POCF Ratio14.759.5412.9412
Slightly volatile
Interest Coverage0.040.04226.5883
Pretty Stable
Capex To Operating Cash Flow0.0250.02630.0226
Pretty Stable
PFCF Ratio9.279.7612.8891
Slightly volatile
Days Payables Outstanding15 K16.2 K17.7 K
Pretty Stable
Income Quality1.891.31.391
Very volatile
ROE0.04920.08620.0806
Very volatile
PE Ratio14.9 K14.2 K1.8 K
Slightly volatile
Return On Tangible Assets0.01210.01160.0099
Slightly volatile
Earnings Yield1.0E-41.0E-40.0569
Pretty Stable
Intangibles To Total Assets0.01870.03050.0237
Slightly volatile
Current Ratio13378.35277
Very volatile
Receivables Turnover2.31.521.793
Very volatile
Debt To Equity0.06410.06750.0709
Pretty Stable
Revenue Per Share1.0E-41.0E-42.4938
Slightly volatile
Debt To Assets0.00830.00870.0083
Pretty Stable
Dividend Yield0.02370.04720.0317
Slightly volatile
Days Sales Outstanding163248222
Very volatile
Book Value Per Share6.269.928.6051
Slightly volatile
Free Cash Flow Yield0.06290.110.0861
Pretty Stable
Operating Cash Flow Per Share0.841.080.9225
Slightly volatile
Stock Based Compensation To Revenue0.0110.01130.0133
Slightly volatile
Free Cash Flow Per Share0.81.050.9012
Slightly volatile
Capex To Revenue0.00950.010.0074
Very volatile
Cash Per Share9.86.0215.4802
Pretty Stable
Payout Ratio0.390.440.4613
Slightly volatile
Tangible Book Value Per Share5.197.326.8813
Very volatile
Graham Number9.3114.5611.8355
Slightly volatile
Shareholders Equity Per Share6.889.928.6438
Slightly volatile
Capex Per Share0.05690.03150.0225
Slightly volatile
Interest Debt Per Share2.851.711.0796
Pretty Stable
Short Term Coverage Ratios14513891.1559
Slightly volatile
Price Earnings Ratio14.9 K14.2 K1.8 K
Slightly volatile
Price Book Value Ratio1.671.031.3573
Pretty Stable
Days Of Payables Outstanding15 K16.2 K17.7 K
Pretty Stable
Price To Operating Cash Flows Ratio14.759.5412.9412
Slightly volatile
Price To Free Cash Flows Ratio9.279.7612.8891
Slightly volatile
Pretax Profit Margin6.86.47851.149
Slightly volatile
Ebt Per Ebit18.5819.564.1364
Slightly volatile
Operating Profit Margin0.570.38090.4254
Pretty Stable
Company Equity Multiplier10.488.888.8795
Very volatile
Long Term Debt To Capitalization0.06060.06380.0932
Slightly volatile
Total Debt To Capitalization0.06060.06380.0641
Pretty Stable
Return On Capital Employed0.0190.020.0168
Very volatile
Debt Equity Ratio0.06410.06750.0709
Pretty Stable
Ebit Per Revenue0.570.38090.4254
Pretty Stable
Quick Ratio13578.35281
Very volatile
Dividend Paid And Capex Coverage Ratio2.392.515.7614
Slightly volatile
Net Income Per E B T0.910.71510.7144
Very volatile
Cash Ratio82.2778.3553.669
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.740.880.9568
Slightly volatile
Cash Flow Coverage Ratios2.931.666.1898
Pretty Stable
Price To Book Ratio1.671.031.3573
Pretty Stable
Fixed Asset Turnover3.944.1512.0599
Pretty Stable
Capital Expenditure Coverage Ratio45.8639.3283.0116
Pretty Stable
Price Cash Flow Ratio14.759.5412.9412
Slightly volatile
Debt Ratio0.00830.00870.0083
Pretty Stable
Cash Flow To Debt Ratio2.931.666.1898
Pretty Stable
Price Sales Ratio69 K65.7 K8.4 K
Slightly volatile
Return On Assets0.01170.01120.0097
Slightly volatile
Asset Turnover0.04550.04240.0387
Pretty Stable
Net Profit Margin4.864.63280.8118
Slightly volatile
Gross Profit Margin1.091.141.0039
Slightly volatile
Price Fair Value1.671.031.3573
Pretty Stable
Return On Equity0.04920.08620.0806
Very volatile
Dividend Payout Ratio0.390.440.4613
Slightly volatile
Operating Cash Flow Sales Ratio0.270.340.3256
Slightly volatile
Days Of Sales Outstanding163248222
Very volatile

Heritage Commerce Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap603.5 M574.7 M443.2 M
Slightly volatile

Heritage Fundamental Market Drivers

Forward Price Earnings12.6582
Forward Annual Dividend Rate0.52

Heritage Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Heritage Commerce Financial Statements

Heritage Commerce investors utilize fundamental indicators, such as revenue or net income, to predict how Heritage Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue117.3 M93.8 M
Total Revenue8.7 K8.3 K
Cost Of Revenue279.6 M293.6 M
Sales General And Administrative To Revenue 0.62  0.41 
Stock Based Compensation To Revenue 0.01  0.01 
Capex To Revenue 0.01  0.01 
Ebit Per Revenue 0.38  0.57 

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When determining whether Heritage Commerce Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Heritage Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Heritage Commerce Corp Stock. Highlighted below are key reports to facilitate an investment decision about Heritage Commerce Corp Stock:
How To Invest In Heritage
Details
Is Heritage Stock a good investment?
Details
What is Heritage Commerce's Net Worth?
Details
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Check out the analysis of Heritage Commerce Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Commerce. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Commerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Earnings Share
0.66
Revenue Per Share
2.763
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0079
The market value of Heritage Commerce Corp is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Commerce's value that differs from its market value or its book value, called intrinsic value, which is Heritage Commerce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Commerce's market value can be influenced by many factors that don't directly affect Heritage Commerce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
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Piotroski
F Score
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Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
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Earnings
Projections
Details
Please note, there is a significant difference between Heritage Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Commerce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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