Heritage Commerce Corp Financial Ratios — HTBK Stock

Profitability (USD)

	2011 Y	2012 Y	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	6.09	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
Return on Assets (%)	0.89	0.66	0.72	0.86	0.83	1.11	0.88	1.19	1.12	0.81	0.94	1.25	1.25	0.75	0.84
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	2.39	2.19	2.12	1.9	2.03	2.27	1.93	2.05	2.52	3.1	2.61	1.98	1.83	2.05	1.58
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	19.5	27.19	31.29	32.33	31.18	42.75	45.26	36.97	39.64	32.32	42.28	49.67	47.04	32.87	34.33
Profit Margin (%)	21.04	17.5	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
Net Income to Common Margin (%)	16.73	15.37	19.75	19.15	17.24	25.15	21.44	26.85	28.48	23.25	30.61	35.03	33.53	23.51	24.22
Effective Tax Rate (%)	- -	35.65	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
Dvd Payout Ratio (%)	25.88	-9.57	14.1	38.25	60.84	46.83	63.95	52.26	56.16	88.04	65.56	47.32	49.25	78.61	66.73
Sustainable Growth Rate (%)	- -	6.67	6.3	4.73	2.89	5.5	3.13	5.11	3.67	0.72	2.74	5.57	4.9	1.25	2.26

Credit (USD)

API ChatGPT

	2011 Y	2012 Y	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	24	9	- -	- -	3	- -	39	39	40	40	40	39	40	40	40
ST Debt	- -	- -	- -	- -	3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	24	9	- -	- -	- -	- -	39	39	40	40	40	39	40	40	40
Total Debt/EBITDA	18.39	7.48	- -	- -	1.74	- -	18.25	14.6	11.12	8.45	9.81	10.48	11.22	11.24	12.77
Net Debt/EBITDA	-38.15	-293.54	-93.68	-99.11	-197.39	-114.16	-129.04	-46.44	-116.45	-232.1	-311.28	-71.15	-104.69	-263.1	-194.75
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	10.59	8.71	10.59	10.31	9.83	10.42	9.86	12.27	14.27	12.7	11.07	12.59	13.2	12.36	12.37
Long-Term Debt/Equity (%)	11.98	5.47	- -	- -	- -	- -	14.45	10.71	6.86	6.88	6.68	6.22	5.87	5.75	5.62
Long-Term Debt/Capital (%)	10.75	5.26	- -	- -	- -	- -	12.26	9.39	6.31	6.32	6.15	5.71	5.45	5.38	5.29
Long-Term Debt/Total Assets (%)	1.81	0.55	- -	- -	- -	- -	1.38	1.27	0.96	0.86	0.73	0.76	0.76	0.7	0.69
Total Debt/Equity (%)	11.98	5.47	- -	- -	1.22	- -	14.45	10.71	6.92	6.88	6.68	6.22	5.87	5.75	5.62
Total Debt/Capital (%)	10.75	5.26	- -	- -	1.18	- -	12.26	9.39	6.37	6.32	6.15	5.71	5.45	5.38	5.29
Total Debt/Total Assets (%)	1.81	0.55	- -	- -	0.13	- -	1.38	1.27	0.97	0.86	0.73	0.76	0.76	0.7	0.69
Net Debt to Equity	-24.85	-214.61	-64.94	-66.39	-138.97	-102.41	-102.14	-34.07	-72.39	-188.85	-211.74	-42.26	-54.78	-134.61	-85.7
Net Debt/Capital (%)	-33.29	184.7	-173.72	-191.84	381.38	-16,020.65	-8,025.46	-49.17	-247.04	217.08	192.66	-69.95	-116.28	402.57	-572.51
EBITDA	1	1	1	1	2	2	2	3	4	5	4	4	4	4	3
EBITDA-CapEx	1	1	1	- -	1	2	1	3	3	2	4	3	2	2	3
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API ChatGPT

	2011 Y	2012 Y	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	10.59	8.71	10.59	10.31	9.83	10.42	9.86	12.27	14.27	12.7	11.07	12.59	13.2	12.36	12.37
Long-Term Debt/Equity (%)	11.98	5.47	- -	- -	- -	- -	14.45	10.71	6.86	6.88	6.68	6.22	5.87	5.75	5.62
Long-Term Debt/Capital (%)	10.75	5.26	- -	- -	- -	- -	12.26	9.39	6.31	6.32	6.15	5.71	5.45	5.38	5.29
Long-Term Debt/Total Assets (%)	1.81	0.55	- -	- -	- -	- -	1.38	1.27	0.96	0.86	0.73	0.76	0.76	0.7	0.69
Total Debt/Equity (%)	11.98	5.47	- -	- -	1.22	- -	14.45	10.71	6.92	6.88	6.68	6.22	5.87	5.75	5.62
Total Debt/Capital (%)	10.75	5.26	- -	- -	1.18	- -	12.26	9.39	6.37	6.32	6.15	5.71	5.45	5.38	5.29
Total Debt/Total Assets (%)	1.81	0.55	- -	- -	0.13	- -	1.38	1.27	0.97	0.86	0.73	0.76	0.76	0.7	0.69
CFO/Total Liabilities	1.93	1.05	1.23	1.35	1.35	1.12	1.61	1.78	1.43	1.41	1.16	1.54	1.61	0.79	1.22
CFO/CapEx	61.44	67.12	32.53	23.73	28.3	53.96	63.73	259.74	248	18.13	225.59	89.21	43.69	24	163.59
Altman's Z-Score	0.12	0.14	0.18	0.17	0.16	0.2	0.21	0.18	0.17	0.14	0.15	0.18	0.17	0.15	0.09

Working Capital (USD)

API ChatGPT

	2011 Y	2012 Y	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	1.24	1.49	1.62	1.83	2.21	2.24	2.65	3.38	2.54	1.96	1.81	2.13	4.11	- -	- -
Days Sales Outstanding	293.62	245.36	225.27	199.35	165.33	162.98	137.59	107.97	143.52	185.93	202.2	171.53	88.74	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2011 Y	2012 Y	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	125	225	264	233	342	490	584	470	599	528	718	788	606	575	- -
- Cash & Cash Equivalents	73	374	113	122	344	266	316	165	457	1,131	1,306	307	408	968	647
+ Preferred Equity and Hybrid Capital	59	20	20	20	20	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	24	9	- -	- -	3	- -	39	39	40	40	40	39	40	40	40
Enterprise Value	-246	-488	-109	-76	-365	-83	-85	-114	-223	-800	-651	31	-206	-384	-623
Total Capital	221	176	177	186	255	268	320	419	626	628	649	689	725	737	753
Total Debt/Capital (%)	10.75	5.26	- -	- -	1.18	- -	12.26	9.39	6.37	6.32	6.15	5.71	5.45	5.38	5.29
Total Debt / EV	-0.1	-0.02	- -	- -	-0.01	- -	-0.46	-0.35	-0.18	-0.05	-0.06	1.27	-0.19	-0.1	-0.06
EV/Sales	- -	- -	- -	- -	- -	0.06	0.3	- -	0.31	1.34	3.44	0.16	0.66	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	2.48	15.27	- -	12.16	43.38	131.74	8.25	36.13	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	0.22	0.79	- -	0.87	3.56	9.43	0.44	1.74	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	0.22	0.78	- -	0.86	3.37	9.39	0.44	1.7	- -	- -
Diluted Market Cap	125	225	264	234	344	494	592	478	615	534	725	794	608	577	- -
Diluted Enterprise Value	134	-120	171	131	23	228	314	353	197	-558	-542	527	240	-351	-607
EV per Share	- -	- -	- -	- -	- -	0.17	0.86	- -	0.93	3.43	8.91	0.51	2.08	- -	- -
TTM Sales	54	57	57	65	85	103	111	132	142	152	156	190	192	172	197
TTM EBITDA	1	1	1	1	2	2	2	3	4	5	4	4	4	4	3
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	21	16	16	19	28	26	41	49	50	57	57	70	73	39	62
TTM Free Cash Flow to Firm	22	16	17	20	30	26	42	49	51	60	57	71	75	41	62

Multiples (USD)

API ChatGPT

	2011 Y	2012 Y	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	5.72	13.82	15.76	11.59	11.67	18.72	14.08	9.81	12.16	8.83	12.69	11.24	8.14	14.22	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	-246	-488	-109	-76	-365	-83	-85	-114	-223	-800	-651	31	-206	-384	-623
Low Price	3.59	4.5	6.32	7.65	8.13	8.84	12.76	10.84	10.95	6.04	8.55	10.42	6.69	7.66	8.09
EV/Sales	- -	- -	- -	- -	- -	0.06	0.3	- -	0.31	1.34	3.44	0.16	0.66	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	2.48	15.27	- -	12.16	43.38	131.74	8.25	36.13	- -	- -
Price/Earnings	13.79	25.85	23.58	18.76	23.23	18.93	24.49	13.31	14.8	14.95	15.05	11.84	9.4	14.18	- -
Price/Earnings Average	13.75	23.25	20.46	17.5	19.25	14.27	22.7	18.45	14.25	14.05	14.12	10.96	8.78	13.88	- -
Price/Earnings High	16	26.59	24.29	19.13	24.05	19.09	26.59	21.24	16.86	21.67	15.95	13.54	12.61	17.04	- -
Price/Earnings Low	10.44	16.67	18.08	16.26	15.79	11.6	20.4	12.72	12.63	10.18	10.78	9.49	6.34	11.58	- -
Price/Book Value	0.9	1.52	1.67	1.4	1.47	1.83	2.08	1.24	1.02	0.9	1.18	1.21	0.88	0.82	- -
Price/Book Value Average	0.9	1.37	1.45	1.3	1.22	1.38	1.93	1.72	0.98	0.84	1.11	1.12	0.82	0.81	- -
Price/Book Value High	1.05	1.57	1.72	1.42	1.52	1.84	2.26	1.98	1.16	1.3	1.25	1.39	1.18	0.99	- -
Price/Book Value Low	0.68	0.98	1.28	1.21	1	1.12	1.73	1.18	0.87	0.61	0.84	0.97	0.6	0.67	- -
Price/Tangible Book Value	0.91	1.52	1.73	1.57	1.99	2.36	2.65	1.73	1.54	1.34	1.72	1.74	1.22	1.11	- -
Price/Tangible Book Value Average	0.91	1.37	1.5	1.46	1.65	1.78	2.46	2.4	1.48	1.26	1.62	1.61	1.14	1.09	- -
Price/Tangible Book Value High	1.06	1.56	1.79	1.6	2.06	2.38	2.88	2.76	1.75	1.94	1.83	1.99	1.64	1.34	- -
Price/Tangible Book Value Low	0.69	0.98	1.33	1.36	1.35	1.45	2.21	1.65	1.31	0.91	1.23	1.39	0.82	0.91	- -
Price/Sales	2.31	3.97	4.66	3.59	4.01	4.76	5.25	3.57	4.22	3.48	4.61	4.15	3.15	3.33	- -
Price/Sales Average	2.3	3.57	4.04	3.35	3.32	3.59	4.87	4.95	4.06	3.27	4.32	3.84	2.94	3.26	- -
Price/Sales High	2.68	4.09	4.8	3.66	4.15	4.8	5.7	5.7	4.8	5.04	4.88	4.74	4.23	4.01	- -
Price/Sales Low	1.75	2.56	3.57	3.11	2.72	2.92	4.37	3.42	3.6	2.37	3.3	3.32	2.12	2.72	- -
Price/Cash Flow	5.81	14.03	16.24	12.02	11.99	18.91	14.11	9.68	11.9	9.21	12.63	11.28	8.29	14.75	- -
Price/Cash Flow Average	5.79	12.61	14.09	11.21	9.93	14.25	13.08	13.42	11.45	8.66	11.85	10.44	7.75	14.44	- -
Price/Cash Flow High	6.75	14.43	16.73	12.25	12.41	19.06	15.32	15.45	13.55	13.35	13.38	12.9	11.13	17.72	- -
Price/Cash Flow Low	4.4	9.04	12.46	10.42	8.15	11.58	11.75	9.25	10.15	6.27	9.04	9.04	5.59	12.04	- -
Price/Free Cash Flow Average	5.7	12.43	13.67	10.81	9.67	14.11	13.05	13.6	11.7	8.3	11.9	10.41	7.61	13.92	- -
Price/Free Cash Flow High	6.64	14.22	16.24	11.82	12.08	18.87	15.29	15.66	13.85	12.8	13.44	12.86	10.93	17.08	- -
Price/Free Cash Flow Low	4.33	8.91	12.09	10.05	7.93	11.47	11.73	9.38	10.38	6.01	9.09	9.01	5.49	11.61	- -
EV/Sales Average	2.47	2.47	2.4	1.77	2.18	1	2.37	4	1.12	2.63	3.78	2.43	1.02	- -	- -
EV/Sales High	2.85	4.3	3.16	2.08	0.38	2.21	3.21	4.75	1.86	5.1	5.04	3.34	2.31	- -	- -
EV/Sales Low	1.92	2.78	1.93	1.53	2.7	0.33	1.88	2.46	0.66	2.43	3.46	1.92	0.21	- -	- -
EV/EBITDA Average	103.64	-114.76	113.25	92.69	-22.29	44.18	122.93	195.31	44.33	-126.61	-145.71	122.97	55.95	-103.67	-194.75
EV/EBITDA High	119.46	-91.32	148.97	109.01	18.57	97.66	166.04	231.97	73.8	-69.43	-124.29	168.77	126.04	-67.43	-194.75
EV/EBITDA Low	80.5	-160.93	91.1	80.17	-51.69	14.53	97.37	120.3	26.14	-155.7	-184.89	96.97	11.28	-130.1	-194.75
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	4.74	6.98	8.24	8.83	11.96	14.43	15.32	11.34	12.83	8.87	11.94	13	9.92	9.38	12.01
High Price	5.5	7.18	8.49	9	12.38	14.55	16.63	18.1	14.61	12.86	12.65	14.87	13.31	11.27	12.89
Enterprise Value Average	134	-142	136	114	-39	103	264	527	159	-595	-593	462	197	-366	-607
Enterprise Value High	154	-113	179	135	32	228	356	625	265	-326	-506	634	444	-238	-607
Enterprise Value Low	104	-200	110	99	-89	34	209	324	94	-732	-752	364	40	-459	-607

Shares Outstanding	26	26	26	27	32	38	38	43	59	60	60	61	61	61	61
Diluted Weighted Avg Shares	26	32	32	27	29	34	39	42	48	60	61	61	61	62	- -
Basic Weighted Avg Shares	26	32	32	26	29	34	38	41	47	59	60	61	61	61	- -
Revenue per Share	2.05	1.76	1.77	2.46	2.99	3.03	2.92	3.17	3.04	2.55	2.59	3.14	3.15	2.81	- -
EBITDA per Share	0.05	0.04	0.04	0.05	0.06	0.07	0.06	0.07	0.08	0.08	0.07	0.06	0.06	0.06	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.34	0.27	0.35	0.47	0.51	0.76	0.63	0.85	0.87	0.59	0.79	1.1	1.06	0.66	- -
Basic EPS from Cont Ops	0.43	0.31	0.36	0.51	0.58	0.81	0.63	0.85	0.87	0.59	0.79	1.1	1.06	0.66	- -
Diluted EPS, GAAP	0.34	0.27	0.35	0.47	0.51	0.76	0.62	0.84	0.84	0.59	0.79	1.09	1.05	0.66	- -
Diluted EPS from Cont Ops	0.43	0.31	0.36	0.51	0.57	0.8	0.62	0.84	0.84	0.59	0.79	1.09	1.05	0.66	- -
Dividend per Share	0.18	0.01	0.06	0.22	0.38	0.4	0.4	0.45	0.49	0.52	0.52	0.52	0.52	0.52	- -
Cash Flow per Share	0.82	0.5	0.51	0.73	1	0.76	1.09	1.17	1.08	0.96	0.95	1.15	1.2	0.64	- -
Free Cash Flow per Basic Share	0.8	0.49	0.49	0.7	0.96	0.75	1.07	1.17	1.07	0.91	0.94	1.14	1.17	0.61	- -
Cash & Equivalents per Share	17.24	23	12.25	12.46	25.52	16.88	18.59	15.04	18.47	22.98	23.42	13.14	13.94	16.29	- -
Book Value per Share	5.26	4.58	4.93	6.32	8.13	7.89	7.36	9.16	12.56	9.9	10.13	10.71	11.23	11.39	- -
Tangible Book Value per Share	5.2	4.6	4.75	5.63	6.01	6.11	5.77	6.55	8.33	6.62	6.93	7.49	8.14	8.42	- -

Heritage Commerce Corp

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)