Lawrence McGovern - Heritage Commerce CFO and Executive VP

HTBK Stock  USD 10.91  0.20  1.87%   

CFO

Mr. Lawrence D. McGovern is Chief Financial Officer, Executive Vice President of the Company. since 1998.
Age 69
Tenure 26 years
Address 224 Airport Parkway, San Jose, CA, United States, 95110
Phone408 947 6900
Webhttps://www.heritagecommercecorp.com/corporate-pro

Lawrence McGovern Latest Insider Activity

Tracking and analyzing the buying and selling activities of Lawrence McGovern against Heritage Commerce stock is an integral part of due diligence when investing in Heritage Commerce. Lawrence McGovern insider activity provides valuable insight into whether Heritage Commerce is net buyers or sellers over its current business cycle. Note, Heritage Commerce insiders must abide by specific rules, including filing SEC forms every time they buy or sell Heritage Commerce'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Heritage Commerce Management Efficiency

At this time, Heritage Commerce's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.01 this year, although the value of Return On Capital Employed will most likely fall to 0.02. At this time, Heritage Commerce's Liabilities And Stockholders Equity is quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 4.7 B this year, although the value of Total Current Liabilities will most likely fall to about 4.5 M. Heritage Commerce's management efficiency ratios could be used to measure how well Heritage Commerce manages its routine affairs as well as how well it operates its assets and liabilities.
Heritage Commerce Corp currently holds 39.5 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about Heritage Commerce's use of debt, we should always consider it together with its cash and equity.

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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 businessprofessional community in California. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California. Heritage Commerce operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 332 people. Heritage Commerce Corp (HTBK) is traded on NASDAQ Exchange in USA. It is located in 224 Airport Parkway, San Jose, CA, United States, 95110 and employs 353 people. Heritage Commerce is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Heritage Commerce Corp Leadership Team

Elected by the shareholders, the Heritage Commerce's board of directors comprises two types of representatives: Heritage Commerce inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Heritage. The board's role is to monitor Heritage Commerce's management team and ensure that shareholders' interests are well served. Heritage Commerce's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Heritage Commerce's outside directors are responsible for providing unbiased perspectives on the board's policies.
Diana Olveira, VP Director
Thomas CPA, Executive COO
Sachin Vaidya, Executive Officer
Janice Mizota, Vice President
Glen Shu, Executive Group
Deborah Reuter, Chief VP
Jeffrey Javits, EVP Officer
Janice SPHR, Executive Commerce
Teresa Powell, Ex Services
Walter Kaczmarek, CEO and President Director, Member of Fin. and Investment Committee, Member of Strategic Issues Committee, CEO of Heritage Bank of Commerce and President of Heritage Bank of Commerce and Director of Heritage Bank of Commerce
Michael Hansen, Senior Division
May Wong, Executive Controller
Jeffrey Perkins, Senior Manager
Robertson Jones, CEO President
Susan Just, Executive Commerce
Lawrence McGovern, CFO and Executive VP
Suzanne Crocker, Senior Communications

Heritage Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Heritage Commerce a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Commerce Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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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)
Dividend Share
0.52
Earnings Share
0.71
Revenue Per Share
2.763
Quarterly Revenue Growth
(0.11)
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.
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.