Profile data is unavailable for this security.
About the company
Heritage Commerce Corp is a bank holding company for its wholly owned subsidiary, Heritage Bank of Commerce (the Bank). The Bank offers a full range of commercial banking services to small and medium-sized businesses and their owners, managers and employees. Its lending activities are diversified and include commercial, real estate, construction and land development, consumer and small business administration (SBA) guaranteed loans. The Bank offers a wide range of deposit products for business banking and retail markets. It offers a multitude of other products and services to complement its lending and deposit services. In addition, through its subsidiary, CSNK Working Capital Finance Corp, it provides factoring financing throughout the United States. The Company’s operations are located in the general San Francisco Bay Area of California in the counties of Alameda, Contra Costa, Marin, San Benito, San Francisco, San Mateo, and Santa Clara.
- Revenue in USD (TTM)235.58m
- Net income in USD55.69m
- Incorporated1997
- Employees351.00
- LocationHeritage Commerce Corp224 Airport ParkwaySAN JOSE 95110United StatesUSA
- Phone+1 (408) 947-6900
- Websitehttps://www.heritagecommercecorp.com/
More ▼
Peer analysis
Key Information
- Key Information
- Stock Performance
- Per Share Data
- Efficiency
- Management Effectiveness
- Profitability
- Financial Strength
- Growth Rates
| Company | Revenue (TTM) | Net income (TTM) | Market cap | Employees | Price/earnings (TTM) | Price/book value (MRQ) | Price/cash flow (TTM) | Price/sales (TTM) | EPS (excl. extraordinary items, TTM) | EPS (incl. extraordinary items, TTM) | Revenue per share (TTM) | Book value per share (MRQ) | Asset turnover (TTM) | Inventory turnover (TTM) | Receivables turnover (TTM) | Revenues per employee (TTM) | Return on avg assets (TTM) | Return on avg assets (5 yr avg) | Return on investment (TTM) | Return on investment (5 yr avg) | Gross margin (TTM) | Gross margin (5 yr avg) | Net profit margin (TTM) | Net Profit margin (5 yr avg) | Quick ratio (MRQ) | Interest coverage (TTM) | Total debt to capital (MRQ) | Payout ratio (5 yr avg) | Revenue (YOY change %) | Revenue (5 yr growth rate) | Net income (YOY change %) | Net income (5 yr growth rate) | Capital expenditure (5 yr growth rate) | Dividend (5 yr growth rate) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Northfield Bancorp Inc | 217.52m | 32.18m | 552.97m | 397.00 | 16.70 | 0.7939 | 15.37 | 4.27 | 0.7469 | 0.7469 | 3.01 | 15.71 | -- | -- | -- | -- | 0.5589 | 0.9271 | -- | -- | -- | -- | 24.83 | 33.30 | -- | -- | -- | 45.77 | 16.20 | 7.23 | -38.37 | -1.23 | 4.60 | 5.39 |
| South Plains Financial Inc | 231.70m | 45.83m | 554.31m | 547.00 | 12.57 | 1.33 | 14.04 | 2.95 | 2.68 | 2.68 | 11.00 | 25.45 | -- | -- | -- | -- | 1.09 | 1.40 | -- | -- | -- | -- | 24.42 | 24.49 | -- | -- | -- | 10.13 | 31.56 | 12.42 | 7.74 | 16.46 | 8.35 | -- |
| Washington Trust Bancorp Inc | 335.92m | 45.80m | 560.87m | 665.00 | 12.25 | 1.19 | 14.49 | 2.92 | 2.68 | 2.68 | 11.25 | 27.61 | -- | -- | -- | -- | 0.6461 | 1.13 | -- | -- | -- | -- | 23.88 | 31.43 | -- | -- | -- | 54.91 | 58.72 | 11.84 | -32.72 | -6.77 | 4.90 | 5.92 |
| OTC Markets Group Inc | 109.53m | 27.33m | 595.60m | 82.00 | 21.60 | 17.24 | 20.04 | 5.44 | 2.30 | 2.30 | 9.23 | 2.89 | 1.30 | -- | 13.02 | -- | 32.53 | 33.64 | 59.28 | 65.71 | 92.21 | 91.36 | 24.95 | 27.03 | -- | -- | -- | 28.40 | 4.51 | 13.14 | -10.23 | 11.24 | -- | -1.42 |
| Metropolitan Bank Holding Corp | 431.26m | 69.44m | 614.16m | 275.00 | 8.81 | 0.887 | 16.13 | 2.38 | 6.23 | 6.23 | 23.13 | 61.86 | -- | -- | -- | -- | 1.01 | 1.04 | -- | -- | -- | -- | 26.99 | 28.47 | -- | -- | -- | 0.00 | 43.98 | 34.93 | 29.72 | 24.82 | 23.96 | -- |
| Greene County Bancorp Inc | 103.66m | 24.77m | 617.56m | 195.00 | 24.93 | 3.00 | 32.99 | 9.52 | 1.45 | 1.45 | 3.81 | 12.10 | -- | -- | -- | -- | 0.8968 | 1.13 | -- | -- | -- | -- | 38.17 | 38.87 | -- | -- | -- | 17.81 | 22.50 | 17.49 | -19.54 | 7.21 | -- | 9.86 |
| Orrstown Financial Services Inc | 158.27m | 35.04m | 619.95m | 410.00 | 9.59 | 1.27 | 15.74 | 4.71 | 3.36 | 3.36 | 12.62 | 25.38 | -- | -- | -- | -- | 1.13 | 1.00 | -- | -- | -- | -- | 26.61 | 22.98 | -- | -- | -- | 28.95 | 37.96 | 17.95 | 61.83 | 22.73 | -13.70 | 9.42 |
| Business First Bancshares Inc | 369.85m | 64.19m | 635.35m | 751.00 | 9.84 | 1.10 | 9.23 | 2.53 | 2.53 | 2.53 | 9.92 | 25.47 | -- | -- | -- | -- | 1.07 | 1.08 | -- | -- | -- | -- | 27.66 | 25.39 | -- | -- | -- | 20.27 | 49.64 | 35.91 | 24.08 | 36.03 | 66.18 | 10.20 |
| Heritage Commerce Corp. | 235.58m | 55.69m | 641.35m | 351.00 | 11.54 | 0.9483 | 10.84 | 3.52 | 0.9073 | 0.9073 | 2.97 | 11.04 | -- | -- | -- | -- | 1.03 | 1.08 | -- | -- | -- | -- | 30.54 | 30.59 | -- | -- | -- | 58.28 | 24.08 | 12.53 | -3.17 | 12.77 | 54.96 | 3.40 |
| Central Pacific Financial Corp. | 290.25m | 55.43m | 687.96m | 696.00 | 12.43 | 1.36 | 10.89 | 2.72 | 2.05 | 2.05 | 9.34 | 18.76 | -- | -- | -- | -- | 0.7424 | 0.9013 | -- | -- | -- | -- | 21.92 | 24.79 | -- | -- | -- | 43.89 | 21.49 | 7.35 | -20.64 | 0.249 | 31.44 | 4.87 |
| Eagle Bancorp Inc | 660.68m | 75.96m | 698.89m | 452.00 | 9.19 | 0.5549 | 8.81 | 2.24 | 2.52 | 2.52 | 10.35 | 41.72 | -- | -- | -- | -- | 0.6692 | 1.30 | -- | -- | -- | -- | 24.37 | 39.61 | -- | -- | -- | 29.63 | 47.27 | 9.72 | -28.66 | -7.97 | -45.69 | -- |
| Open Lending Corp | 109.84m | 14.62m | 711.42m | 210.00 | 49.61 | 3.36 | 44.73 | 6.48 | 0.1204 | 0.1204 | 0.9123 | 1.78 | 0.2916 | -- | 2.91 | 523,066.70 | 3.88 | 15.71 | 4.09 | 16.62 | 79.42 | 89.02 | 13.31 | 27.96 | -- | -- | 0.4037 | 422.19 | -34.60 | 17.61 | -66.87 | -- | 3.02 | -- |
| Farmers & Merchants Bancorp | 260.76m | 87.49m | 719.95m | 378.00 | 8.34 | 1.27 | 7.99 | 3.16 | 116.36 | 116.36 | 303.05 | 760.96 | -- | -- | -- | -- | 1.61 | 1.49 | -- | -- | -- | -- | 38.39 | 36.86 | -- | -- | -- | 17.52 | 27.89 | 13.71 | 17.61 | 14.17 | 1.67 | 4.23 |
| Copper Property CTL Pass Through Trust | 101.64m | 69.77m | 723.75m | -- | 10.37 | 0.6669 | 8.14 | 7.12 | 0.9303 | 0.9303 | 1.36 | 14.47 | 0.0814 | -- | 2.54 | -- | 5.59 | -- | 5.77 | -- | 93.59 | -- | 68.65 | -- | -- | -- | 0.00 | -- | -6.29 | -- | -20.97 | -- | -- | -- |
| Old Second Bancorp Inc | 295.14m | 89.43m | 761.48m | 834.00 | 8.63 | 1.28 | 7.88 | 2.67 | 1.97 | 1.97 | 6.27 | 13.29 | -- | -- | -- | -- | 1.55 | 1.12 | -- | -- | -- | -- | 31.38 | 26.41 | -- | -- | -- | 10.06 | 34.88 | 22.09 | 36.09 | 21.95 | 45.54 | -- |
Data as of Jul 23 2024. Currency figures normalised to Heritage Commerce Corp's reporting currency: US Dollar USD
41.25%Per cent of shares held by top holders
| Holder | Shares | % Held |
|---|---|---|
| BlackRock Fund Advisorsas of 31 Mar 2024 | 5.84m | 9.54% |
| FJ Capital Management LLCas of 31 Mar 2024 | 4.23m | 6.91% |
| The Vanguard Group, Inc.as of 31 Mar 2024 | 3.22m | 5.25% |
| Dimensional Fund Advisors LPas of 31 Mar 2024 | 3.02m | 4.94% |
| SSgA Funds Management, Inc.as of 31 Mar 2024 | 1.89m | 3.09% |
| Boston Partners Global Investors, Inc.as of 31 Mar 2024 | 1.84m | 3.01% |
| Manulife Investment Management (US) LLCas of 31 Mar 2024 | 1.41m | 2.30% |
| JPMorgan Investment Management, Inc.as of 31 Mar 2024 | 1.41m | 2.29% |
| Geode Capital Management LLCas of 31 Mar 2024 | 1.38m | 2.25% |
| Assenagon Asset Management SA (Germany)as of 30 Jun 2024 | 1.02m | 1.67% |
More ▼
Data from 31 Mar 2024 - 30 Jun 2024Source: FactSet Research Systems Inc.
