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HTBK

Heritage Commerce Corp

HTBK

NASDAQ·Financial Services·Banks - Regional·Mkt cap $828.4M

$13.45

+3.07%

P/E

17.24

Mkt Cap

$828.4M

52-Wk Range

$8.56–$13.83

52-Week Range

$8.56 - $13.83

P/E

17.24

Fwd P/E

13.32

Beta

0.68

Div Yield

3.87%

Avg Vol

747.4K

Shares Out

61.6M

Mkt Cap

$828.4M

Price action

Price chart

Up 43.2% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Strong regional presence with 17 branches in high-value San Francisco Bay Area market
  • Diversified loan portfolio reducing concentration risk across commercial, real estate, and consumer segments
  • Established 30-year track record since 1994 providing relationship-based banking to local businesses and professionals
  • Comprehensive service offerings including specialized SBA lending and factoring services

Bear Case

2 risks

  • Low volatility (beta 0.7).
  • Growth premium of 1.1x vs Commercial Banking peers. Reasonable for this growth rate.

Growth

Mild headwinds expected

Bay Area economic growth and business expansion driving commercial lending demand

Value

Growth premium of 1.1x vs Commercial Banking peers. Reasonable for this growth rate.

Momentum

Stable

+0.1% over 3m

Quality

Excellent

High-growth business (44% revenue growth, 73% gross margin). Profitable with strong growth momentum.

Dividend

Solid

3.87% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

LATEST RECAP

Most recent quarter reported revenue of $70.2M (+10% YoY). Reported EPS of $0.25. Gross margin 76.3%.

Reported EPS · last 4Q

Q4 25

$0.25

Q3 25

$0.24

Q2 25

$0.10

Q1 25

$0.19

Revenue trend · last 8Q

+9%

+15%

+18%

+10%

Q1 24

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

$41.4M

$40.8M

$41.3M

$48.9M

$45.2M

$65.0M

$67.2M

$70.2M

Margins · last 8Q

Gross

76.3%

Operating

31.1%

Profit

21.5%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

vs Industry

How HTBK stacks vs Banks - Regional

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.