Heritage Commerce Corp

Heritage Commerce Corp

HTBK
Heritage Commerce CorpUS flagNASDAQ Global Select
13.45
USD
+13.45
- -
828.43MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.77
2.46
2.99
3.03
2.92
3.17
3.04
2.55
2.59
3.14
3.15
2.81
- -
3.22
Basic EPS, GAAP
0.35
0.47
0.51
0.76
0.63
0.85
0.87
0.59
0.79
1.1
1.06
0.66
- -
0.78
Free Cash Flow per Basic Share
0.49
0.7
0.96
0.75
1.07
1.17
1.07
0.91
0.94
1.14
1.17
0.61
- -
1
Dividend per Share
0.06
0.22
0.38
0.4
0.4
0.45
0.49
0.52
0.52
0.52
0.52
0.52
- -
0.52
Book Value per Share
4.93
6.32
8.13
7.89
7.36
9.16
12.56
9.9
10.13
10.71
11.23
11.39
- -
11.62
Tangible Book Value per Share
4.75
5.63
6.01
6.11
5.77
6.55
8.33
6.62
6.93
7.49
8.14
8.42
- -
8.73
Basic Weighted Avg Shares
32
26
29
34
38
41
47
59
60
61
61
61
- -
61
Sales/Revenue/Turnover
57
65
85
103
111
132
142
152
156
190
192
172
197
197
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
1
2
2
2
3
4
5
4
4
4
4
3
3
Net Income, GAAP
12
13
16
27
24
35
40
35
48
67
64
41
48
48
Effective Tax Rate (%)
34.97
35.96
37.98
37.73
52.63
27.38
28.15
28.06
27.58
29.47
28.73
28.49
29.44
29.44
Profit Margin (%)
20.35
20.71
19.34
26.62
21.44
26.85
28.48
23.25
30.61
35.03
33.53
23.51
24.22
24.22
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
- -
39
39
40
40
40
39
40
40
40
40
Total Equity
173
184
245
260
271
367
577
578
598
632
673
690
709
709
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
7.34
7.65
7.37
10.35
8.69
10.7
8.37
6.01
7.97
10.58
9.65
5.86
6.78
6.78

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
40
40
40
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
61
61
61
Market Capitalization
610
610
738

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
747
1,101
663
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.37%
4.17%
2.73%
Free Cash Flow
12.94%
9.27%
64.13%
Net Income, GAAP
15.54%
10.48%
18.02%
Sales/Revenue/Turnover
9.18%
6%
14.54%
Total Cash Common Dividend
14.49%
0.53%
0.19%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
52
48
47
46
192
2024
41
41
41
49
172
2025
45
47
49
57
197

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.31
0.27
0.26
0.22
1.06
2024
0.17
0.15
0.17
0.17
0.66
2025
0.19
0.1
0.24
0.25
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.13
0.13
0.13
0.13
0.52
2024
0.13
0.13
0.13
0.13
0.52
2025
0.13
0.13
0.13
0.13
- -

Company Description

APIChat
CEO
Robertson Jones Jr.
Full Time Employees
350
Sector
Financial Services
Industry
Banks - Regional
Address
224 Airport Parkway San Jose CA United States of America 95110
IPO Date
Jul 20, 1998
Business
Heritage Commerce Corp (Nasdaq: HTBK) operates as the holding company for Heritage Bank of Commerce, a California state-chartered community business bank founded in 1994 and headquartered in San Jose, California. The bank provides a full range of commercial and personal banking products and services to small- and medium-sized businesses, their owners, managers, and employees, as well as individual clients throughout the San Francisco Bay Area, with branch offices in San Jose, Danville, Fremont, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Oakland, Palo Alto, Pleasanton, Redwood City, San Francisco, San Mateo, San Rafael, and Walnut Creek. Core offerings include diversified lending products such as commercial and industrial loans for working capital and equipment purchases; commercial real estate loans; construction and land development loans; small business administration (SBA) guaranteed loans; multifamily residential loans; home equity lines of credit; residential mortgages; and consumer loans for automobiles, goods, and personal purposes; deposit products encompassing noninterest- and interest-bearing demand accounts, savings accounts, money market accounts, certificates of deposit, and time deposits; treasury management services including cashier's checks, remote deposit capture, automated clearing house origination, electronic funds transfer, online bill pay, and electronic data interchange; and factoring financing services provided nationwide through its subsidiary CSNK Working Capital Finance Corp. (formerly Bay View Funding). In recent developments, the company expanded its share repurchase program in October 2025 by doubling the authorization from $15 million to $30 million and extending the term through October 31, 2026, after repurchasing $4.0 million of common stock (439,187 shares at an average price of $9.22) during the second and third quarters of 2025; appointed Christopher J. Abate to its board of directors in July 2025, expanding the board to nine members with Abate joining the audit and personnel/compensation committees; named Seth Fonti as executive vice president and chief financial officer in July 2025; and reported strong third-quarter 2025 financial results on October 23, 2025, with double-digit EPS growth driven by core operating leverage, improved asset quality, and elevated capital ratios including a total capital ratio of 15.4%.

Company News

APIChat
  • A Look at Heritage Commerce Corp (HTBK) After 3.1% Gain -- GF Value $10.41 vs Price $13.45

  • Heritage Commerce Corp (HTBK) Stock Up 3.1% but GF Value Says Overvalued -- GF Score: 68/100

  • CVB Financial Corp. Announces Completion of Merger with Heritage Commerce Corp

  • Heritage Commerce (NASDAQ:HTBK) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

  • Proposed Merger Approved by Shareholders of CVB Financial Corp. and Shareholders of Heritage Commerce Corp.

  • New Strong Buy Stocks for March 12th

  • Best Income Stocks to Buy for March 12th

  • Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share

  • Here's Why Heritage Commerce (HTBK) Is a Great 'Buy the Bottom' Stock Now

  • Heritage Commerce (NASDAQ:HTBK) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

  • Analysts Set Heritage Commerce Corp (NASDAQ:HTBK) Price Target at $12.25

  • Are PKST, EWCZ, HTBK, GDOT Obtaining Fair Deals for their Shareholders?

  • Heritage Commerce Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Heritage Commerce Corp - HTBK

  • Heritage Bank of Commerce Named One of Forbes' 2026 Best Banks in America

  • Heritage Commerce (NASDAQ:HTBK) & First Hawaiian (NASDAQ:FHB) Head-To-Head Contrast

  • Heritage Commerce Corp (NASDAQ:HTBK) Receives $12.25 Consensus Price Target from Analysts

  • Heritage Commerce Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Heritage Commerce Corp - HTBK

  • Heritage Commerce (HTBK) Beats Q4 Earnings and Revenue Estimates

  • Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share

  • Heritage Commerce Corp Reports Fourth Quarter and Full Year 2025 Financial Results