Heritage Commerce Corp logo HTBK - Heritage Commerce Corp

Inactive Ticker HTBK is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 5
HOLD 7
SELL 0
STRONG
SELL 0
| PRICE TARGET: $14.50 DETAILS
HIGH: $14.50
LOW: $14.50
MEDIAN: $14.50
CONSENSUS: $14.50
UPSIDE: 7.81%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Revenue
Revenue 266.1 251.4 243.3 198.9 162.9 160.4 152.9 139.4 116.5 106.1 87.7 67.0 59.3 60.8 59.9 63.8 70.3 82.7 86.8 82.8 73.2 61.2 58.5 61.8 71.3 70.8 51.5 41.4 5.9
Cost of Revenue 72.8 81.2 51.8 9.7 4.0 21.8 11.7 15.2 5.5 4.4 2.5 1.8 1.8 7.0 10.3 37.3 50.3 40.0 27.0 22.0 16.2 10.3 12.9 17.9 26.3 28.3 17.6 13.9 5.3
Gross Profit 193.3 170.3 191.5 189.2 158.9 138.6 141.2 124.2 111.0 101.6 85.3 65.2 57.5 53.8 49.6 26.5 20.1 42.8 59.8 60.8 57.0 50.9 45.6 43.9 45.0 42.5 33.9 27.5 0.6
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 73.9 70.7 63.1 60.3 55.1 53.2 52.6 45.6 37.2 34.7 37.4 28.3 25.4 25.7 24.8 28.5 29.1 26.4 22.3 20.5 20.8 21.3 18.7 18.9 19.2 18.5 15.6 11.9 0.5
Other Expenses 51.7 42.9 37.9 34.6 37.9 36.3 32.3 29.9 23.5 23.0 21.3 16.0 14.4 12.8 14.3 59.7 15.7 16.0 15.3 13.8 14.4 18.0 15.6 14.4 14.1 15.6 11.0 9.8 (2.3)
Operating Expenses 125.6 113.6 101.1 94.9 93.1 89.5 84.9 75.5 60.7 57.6 58.7 44.2 39.8 38.5 39.0 88.1 44.8 42.4 37.5 34.3 35.2 39.2 34.4 33.2 33.3 34.1 26.6 21.7 (1.8)
Operating Income
Operating Income 67.7 56.7 90.4 94.4 65.9 49.1 56.3 48.7 50.3 44.0 26.6 21.0 17.7 15.4 10.5 (61.6) (24.7) 0.4 22.2 26.5 21.7 11.7 11.3 10.7 11.7 8.5 7.3 5.8 2.4
Interest Expense 71.6 79.1 51.1 8.9 7.1 8.6 10.8 7.8 5.4 3.2 2.4 2.2 2.6 4.2 5.9 10.5 16.3 24.4 27.0 22.5 15.9 9.6 10.0 15.2 24.4 25.1 15.4 12.1 4.2
Interest Income 257.0 242.7 234.3 188.8 153.3 150.5 142.7 129.8 106.9 94.4 78.7 59.3 52.8 52.6 52.0 55.1 62.3 76.0 78.7 73.0 63.8 50.7 48.1 52.8 65.4 67.9 45.4 38.2 16.3
Profitability
EBITDA 71.2 60.2 93.9 98.1 69.9 53.8 59.9 51.4 52.4 46.3 28.3 22.2 18.9 16.6 11.8 (60.2) (23.2) 2.1 23.6 27.2 23.8 14.1 13.9 12.7 12.5 10.1 8.5 7.1 2.8
EBIT 67.7 56.7 90.4 94.4 65.9 49.1 56.3 48.7 50.3 44.0 26.6 21.0 17.7 15.4 10.5 (61.6) (24.7) 0.4 22.2 26.5 21.7 11.7 11.3 10.7 11.7 8.5 7.3 5.8 2.4
Income Before Tax 67.8 56.7 90.4 94.4 65.9 49.1 56.3 48.7 50.3 44.0 26.6 21.0 17.7 15.4 10.5 (61.6) (24.7) 0.4 22.2 26.5 21.7 11.7 11.3 10.7 11.7 8.5 7.3 5.8 2.4
Income Tax Expense 20.0 16.1 26.0 27.8 18.2 13.8 15.9 13.3 26.5 16.6 10.1 7.5 6.2 5.5 (0.8) (5.8) (12.7) (1.4) 8.1 9.2 7.3 3.2 3.5 3.5 4.4 3.0 2.6 2.3 0.8
Net Income 47.8 40.5 64.4 66.6 47.7 35.3 40.5 35.3 23.8 27.4 16.5 13.4 11.5 9.9 11.4 (55.9) (12.0) 1.8 14.1 17.3 14.4 8.5 7.8 7.2 7.3 5.4 4.7 3.5 1.6
Per Share Data
EPS (Basic) 0.78 0.66 1.06 1.10 0.79 0.59 0.87 0.85 0.63 0.72 0.48 0.42 0.36 0.27 0.28 -3.64 -1.21 0.13 1.14 1.47 1.22 0.73 0.69 0.65 0.66 0.49 0.43 0.25 0.15
EPS (Diluted) 0.78 0.66 1.05 1.09 0.79 0.59 0.84 0.84 0.62 0.72 0.48 0.42 0.36 0.27 0.28 -3.64 -1.21 0.13 1.12 1.44 1.19 0.71 0.67 0.63 0.64 0.47 0.39 0.22 0.13
Shares Outstanding 61.3 61.3 61.0 60.6 60.1 59.5 46.7 41.5 38.1 33.9 28.6 26.4 32.1 32.2 26.3 26.2 11.8 12.0 12.4 11.7 11.8 11.6 11.3 11.0 11.0 11.1 7.2 10.3 10.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997
Current Assets
Cash & Cash Equivalents 21.7 968.1 408.1 306.6 1,306.2 1,131.1 457.4 164.6 316.2 266.1 45.5 30.0 33.6 42.0 42.6 34.7 40.8 19.3 18 43.2
Short-Term Investments 593.0 256.3 442.6 489.6 102.3 235.8 404.8 459.0 391.9 306.6 0 0 0 0 0 0 0 0 0 0
Net Receivables 0 0 0 93.5 85.1 87.5 67.1 44.6 33.3 50.5 49.7 35.6 33.2 27.1 24.5 15.1 12.9 8.7 7.2 0
Inventory 0 0 0 0 0 0 0 (25.2) (17.8) (15.2) 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 614.6 1,224.4 850.8 889.7 1,493.6 1,454.4 929.3 668.2 741.4 623.2 95.2 65.6 66.9 69.2 67.2 49.8 53.7 28 25.2 43.2
Non-Current Assets
Property, Plant & Equipment 9.2 10.1 9.9 9.3 9.6 10.5 8.2 7.1 7.4 7.5 9.0 9.5 3.2 4.0 5.2 5.5 6.4 6.9 3.2 2.0
Goodwill 167.6 167.6 167.6 167.6 167.6 167.6 167.4 83.8 45.7 45.7 43.2 43.2 0 0 0 0 0 0 0 0
Intangible Assets 4.6 6.4 8.6 11.0 13.7 16.7 20.4 12.0 5.6 7.0 3.6 4.2 0 0 0 0 0 0 0 0
Long-Term Investments 0 4,035.4 3,955.2 3,968.5 3,704.8 2,873.9 2,878.2 2,238.4 1,964.8 1,813.2 1,162.1 1,328.1 983.0 832.8 815.2 761.0 747.9 491.7 342.3 214.2
Other Non-Current Assets 0 201.0 202.0 111.5 110.1 111.0 105.9 87.1 78.7 74.3 50.9 48.6 55.1 100.0 71.2 96.4 38.3 150.6 34.2 8.2
Total Non-Current Assets 181.5 4,420.6 4,343.3 4,267.9 4,005.8 3,179.7 3,180.1 2,428.4 2,102.1 1,947.7 1,268.7 1,433.6 1,041.3 936.8 891.6 862.9 792.5 649.2 379.7 224.4
Total Assets 5,764.7 5,645.0 5,194.1 5,154.2 5,499.4 4,634.1 4,109.5 3,096.6 2,843.6 2,570.9 1,363.9 1,499.2 1,108.2 1,003.2 958.8 912.7 846.2 677.2 404.9 267.6
Current Liabilities
Account Payables 0 0 0 96.2 102.0 102.0 78.1 52.2 50.0 48.9 33.6 32.2 19.6 13.8 11.0 11.2 10.3 7.3 5.3 0
Short-Term Debt 0 0.0 0 0 0 0 0.3 0 0 0.5 45 90 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 2,265.9 4,820.0 4,378.5 4,389.6 4,759.4 3,914.5 3,414.8 2,637.5 2,483.0 2,262.1 1,089.3 1,154.0 918.5 835.4 841.9 807.9 738.2 601.4 368.9 243.0
Total Current Liabilities 2,265.9 4,820.0 4,378.5 4,485.8 4,861.5 4,016.5 3,493.2 2,689.7 2,533.0 2,311.0 1,167.9 1,276.3 938.1 849.2 852.9 819.2 748.5 608.7 374.2 243.0
Non-Current Liabilities
Long-Term Debt 39.8 39.7 39.5 39.4 39.9 39.7 39.6 39.4 39.2 0 23.7 38.7 71.5 67.3 0 0 18 12 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 2,750.4 95.6 103.2 0 0 0 0 0 0 2,311.0 0 0 0 0 0 0 0 0 0 2.3
Total Non-Current Liabilities 2,790.2 135.2 142.7 39.4 39.9 39.7 39.6 39.4 39.2 0 23.7 38.7 71.5 67.3 0 19 18 12 0 2.3
Total Liabilities 5,056.1 4,955.3 4,521.2 4,521.8 4,901.4 4,056.2 3,532.8 2,729.1 2,572.2 2,311.0 1,191.6 1,315.0 1,009.6 913.4 852.9 819.2 766.5 620.7 374.2 245.2
Stockholders' Equity
Common Stock 509.6 510.1 506.5 502.9 497.7 493.7 489.7 300.8 218.4 215.2 0 0 67.4 65.2 64.0 63.5 62.5 51.2 29.4 23.4
Retained Earnings 203.7 187.8 179.1 146.4 111.3 94.9 96.7 79.0 62.1 52.5 56.4 71.0 33.1 24.6 17.2 10.0 2.7 6.6 0.6 (1.5)
Accumulated Other Comprehensive Income (4.7) (8.1) (12.7) (16.9) (11.0) (10.7) (9.8) (12.4) (9.3) (7.9) (2.6) (3.5) (1.9) (0.4) 1.7 1.0 0.5 (1.3) 0.7 0.4
Total Stockholders' Equity 708.6 689.7 672.9 632.5 598.0 577.9 576.7 367.5 271.4 259.9 172.3 184.3 98.6 89.8 82.9 74.6 65.7 56.5 30.7 22.3
Total Liabilities & Equity 5,764.7 5,645.0 5,194.1 5,154.2 5,499.4 4,634.1 4,109.5 3,096.6 2,843.6 2,570.9 1,363.9 1,499.2 1,108.2 1,003.2 958.8 912.7 846.2 677.2 404.9 267.6
Debt Metrics
Total Debt 39.8 39.7 39.5 39.4 39.9 39.7 39.9 39.4 39.2 0 68.7 128.7 71.5 67.3 0 0 18 12 0 0
Net Debt 18.1 (928.5) (368.6) (267.3) (1,266.3) (1,091.3) (417.5) (125.2) (277.0) (266.1) 23.2 98.7 37.9 25.3 (42.6) (34.7) (22.8) (7.3) (18) (43.2)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997
Operating Activities
Net Income 47.8 40.5 64.4 66.6 47.7 35.3 40.5 35.3 23.8 27.4 14.4 8.5 7.8 7.2 7.3 5.4 4.7 3.5 1.6
Depreciation & Amortization 0.5 3.5 3.5 3.8 4.1 4.7 3.6 2.7 2.1 2.3 2.0 2.5 2.6 2.1 0.9 1.6 1.2 1.3 0.4
Stock-Based Compensation 0 2.8 2.4 3.2 2.5 2.2 1.9 1.8 1.8 1.4 0 0 0 0 0 0 0 0 0
Change in Working Capital 9.5 (5.1) 8.5 (1.1) 5.0 1.5 1.9 2.8 10.8 (2.9) (29.3) (16.7) 2.2 (8.8) (3.6) (1.3) 8.2 0.4 0
Other Non-Cash Items 3.8 (2.8) (5.8) (2.5) (2.5) 13.6 2.5 5.9 2.8 (2.3) 22.9 10.4 (1.3) 5.9 4.6 (10.6) (4.9) 0 (0.2)
Operating Cash Flow 61.7 39.0 73.0 69.9 56.8 57.3 50.3 48.6 41.4 25.9 9.7 3.5 10.4 5.2 11.6 (5.2) 8.5 4.1 1.7
Investing Activities
Capital Expenditure (0.4) (1.6) (1.7) (0.8) (0.3) (3.2) (0.2) (0.2) (0.6) (0.5) (0.3) (0.5) (0.8) (1.5) (0.9) (1.1) (1.1) (3.7) (0.8)
Acquisitions 0 0 0 0 0 0 118.0 36.0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (555.7) (30.3) 0 (572.3) (474.0) (30.9) (162.0) (194.3) (265.4) (315.2) (21.5) (192.4) (153.0) (84.3) (82.1) (52.0) (39.6) (85.6) (102.4)
Sales/Maturities of Investments 226.1 284.6 122.4 110.3 240.0 268.6 280.5 202.2 108.7 166.7 57.7 45.9 123.1 66.4 88.2 18.2 88.1 80.2 44.9
Other Investing Activities (101.9) (142.1) (50.5) (206.7) (462.6) (88.2) 35.0 33.9 (79.9) (138.5) (7.7) (2.2) 9.6 (44.0) (28.4) (213.8) (49.6) (168.2) (4.5)
Investing Cash Flow (431.5) 110.6 70.2 (669.5) (696.8) 146.4 271.2 77.7 (237.3) (287.6) 28.4 (149.2) (21.1) (63.3) (23.2) (248.8) (2.2) (177.3) (62.8)
Financing Activities
Net Debt Issuance 0 0 0 (0.7) 0 (0.3) (10.4) 0 39.1 (3) (15.1) 4.2 43.6 0 (18) 6 (17) 18.5 96.6
Stock Repurchased (4.0) 0 0 (2.0) 0 0 185.6 78.0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (31.9) (31.9) (31.7) (31.5) (31.3) (31.1) (22.7) (18.5) (15.2) (13.6) 0 0 0 0 0 0 0 0 0
Other Financing Activities 83.1 441.6 (9.9) (367.8) 846.4 501.4 4.4 (259.4) 222.2 200.3 18.9 83.1 (6.5) 34.0 69.7 136.8 91.5 154.2 (5.0)
Financing Cash Flow 48.7 410.4 (41.7) (400.0) 815.1 470.0 (28.8) (277.9) 246.1 183.7 2.8 89.2 38.2 38.4 57.8 158.8 86.2 179.6 91.6
Cash Position
Net Change in Cash (321.1) 560.0 101.5 (999.6) 175.1 673.7 292.8 (151.7) 50.1 (78.0) 40.7 (56.5) 27.6 (19.7) 46.2 (95.2) 92.5 6.4 30.6
Cash at Beginning 968.1 408.1 306.6 1,306.2 1,131.1 457.4 164.6 316.2 266.1 344.1 57.7 114.2 86.6 106.3 60.1 155.2 62.7 56.3 12.6
Cash at End 647.0 968.1 408.1 306.6 1,306.2 1,131.1 457.4 164.6 316.2 266.1 98.5 57.7 114.2 86.6 106.3 60.1 155.2 62.7 43.2
Free Cash Flow 60.8 37.3 71.3 69.1 56.6 54.1 50.1 48.4 40.7 25.4 9.7 3.0 9.6 3.7 10.7 (6.2) 7.4 0.4 0.9
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Income Statement
Revenue 266.1 251.4 243.3 198.9 162.9 160.4 152.9 139.4 116.5 106.1 87.7 67.0 59.3 60.8 59.9 63.8 70.3 82.7 86.8 82.8 73.2 61.2 58.5 61.8 71.3 70.8 51.5 41.4 5.9
Gross Profit 193.3 170.3 191.5 189.2 158.9 138.6 141.2 124.2 111.0 101.6 85.3 65.2 57.5 53.8 49.6 26.5 20.1 42.8 59.8 60.8 57.0 50.9 45.6 43.9 45.0 42.5 33.9 27.5 0.6
Operating Income 67.7 56.7 90.4 94.4 65.9 49.1 56.3 48.7 50.3 44.0 26.6 21.0 17.7 15.4 10.5 (61.6) (24.7) 0.4 22.2 26.5 21.7 11.7 11.3 10.7 11.7 8.5 7.3 5.8 2.4
Net Income 47.8 40.5 64.4 66.6 47.7 35.3 40.5 35.3 23.8 27.4 16.5 13.4 11.5 9.9 11.4 (55.9) (12.0) 1.8 14.1 17.3 14.4 8.5 7.8 7.2 7.3 5.4 4.7 3.5 1.6
EPS (Diluted) 0.78 0.66 1.05 1.09 0.79 0.59 0.84 0.84 0.62 0.72 0.48 0.42 0.36 0.27 0.28 -3.64 -1.21 0.13 1.12 1.44 1.19 0.71 0.67 0.63 0.64 0.47 0.39 0.22 0.13
Balance Sheet
Cash & Equivalents 21.7 968.1 408.1 306.6 1,306.2 1,131.1 457.4 164.6 316.2 266.1 45.5 30.0 33.6 42.0 42.6 34.7 40.8 19.3 18 43.2
Total Assets 5,764.7 5,645.0 5,194.1 5,154.2 5,499.4 4,634.1 4,109.5 3,096.6 2,843.6 2,570.9 1,363.9 1,499.2 1,108.2 1,003.2 958.8 912.7 846.2 677.2 404.9 267.6
Total Debt 39.8 39.7 39.5 39.4 39.9 39.7 39.9 39.4 39.2 0 68.7 128.7 71.5 67.3 0 0 18 12 0 0
Stockholders' Equity 708.6 689.7 672.9 632.5 598.0 577.9 576.7 367.5 271.4 259.9 172.3 184.3 98.6 89.8 82.9 74.6 65.7 56.5 30.7 22.3
Cash Flow
Operating Cash Flow 61.7 39.0 73.0 69.9 56.8 57.3 50.3 48.6 41.4 25.9 9.7 3.5 10.4 5.2 11.6 (5.2) 8.5 4.1 1.7
Capital Expenditure (0.4) (1.6) (1.7) (0.8) (0.3) (3.2) (0.2) (0.2) (0.6) (0.5) (0.3) (0.5) (0.8) (1.5) (0.9) (1.1) (1.1) (3.7) (0.8)
Free Cash Flow 60.8 37.3 71.3 69.1 56.6 54.1 50.1 48.4 40.7 25.4 9.7 3.0 9.6 3.7 10.7 (6.2) 7.4 0.4 0.9