Heritage Commerce Corp (HTBK)
Company Info
| ISIN | US4269271098 |
|---|---|
| CUSIP | 426927109 |
| Sector | Financial Services |
| Industry | Banks - Regional |
Highlights
| Market Cap | $612.33M |
|---|---|
| EPS (TTM) | $0.79 |
| PE Ratio | 12.51 |
| PEG Ratio | 1.88 |
| Total Revenue (TTM) | $229.35M |
| Gross Profit (TTM) | $121.48K |
| EBITDA (TTM) | $68.20K |
| Year Range | $7.35 - $10.84 |
| Target Price | $11.58 |
| Short % | 1.83% |
| Short Ratio | 1.75 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: HTBK vs. XLF, HTBK vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Heritage Commerce Corp, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Heritage Commerce Corp had a return of 4.20% year-to-date (YTD) and 24.32% in the last 12 months. Over the past 10 years, Heritage Commerce Corp had an annualized return of 6.25%, while the S&P 500 had an annualized return of 10.67%, indicating that Heritage Commerce Corp did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.20% | 15.38% |
| 1 month | 4.66% | 5.03% |
| 6 months | 19.85% | 6.71% |
| 1 year | 24.32% | 23.24% |
| 5 years (annualized) | 2.62% | 13.10% |
| 10 years (annualized) | 6.25% | 10.67% |
Monthly Returns
The table below presents the monthly returns of HTBK, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -10.38% | -5.27% | 3.50% | -7.46% | 4.28% | 6.75% | 18.97% | -0.29% | 4.20% | ||||
| 2023 | -6.77% | 0.97% | -31.21% | 2.04% | -12.78% | 13.74% | 15.94% | -8.44% | -2.31% | -3.42% | 5.35% | 16.84% | -19.19% |
| 2022 | 4.35% | -3.57% | -5.38% | -0.18% | 3.35% | -6.80% | 10.20% | -3.09% | 0.44% | 26.10% | 0.27% | -8.52% | 13.59% |
| 2021 | -1.01% | 9.83% | 28.50% | -1.23% | -0.68% | -6.16% | -2.61% | 5.14% | 3.19% | 3.10% | -7.61% | 8.94% | 41.02% |
| 2020 | -9.59% | -10.57% | -25.24% | 15.78% | -6.96% | -7.69% | -9.66% | 4.20% | -3.97% | 8.94% | 18.31% | 5.34% | -26.22% |
| 2019 | 17.02% | 6.22% | -13.39% | 3.47% | -3.95% | 2.86% | 0.98% | -5.32% | 1.42% | 2.25% | 5.01% | 2.64% | 17.61% |
| 2018 | 4.50% | -0.72% | 4.44% | 0.06% | 4.13% | -0.41% | -10.36% | 4.78% | -5.81% | -2.75% | -0.77% | -20.64% | -23.82% |
| 2017 | -2.70% | 1.88% | -0.70% | 1.28% | -5.10% | 2.38% | 0.80% | -2.83% | 6.19% | 8.08% | 6.22% | -5.61% | 9.16% |
| 2016 | -17.98% | -3.95% | 7.29% | 4.30% | 3.97% | -2.14% | -0.47% | 10.57% | -4.79% | -0.82% | 15.15% | 16.47% | 24.98% |
| 2015 | -5.32% | 1.17% | 8.95% | -2.41% | 2.15% | 6.54% | 15.40% | -3.90% | 7.18% | -6.70% | 2.84% | 10.74% | 39.97% |
| 2014 | -2.79% | 1.50% | -0.37% | 0.74% | -0.25% | 1.36% | -2.08% | 4.65% | -1.32% | 5.97% | -4.74% | 7.16% | 9.53% |
| 2013 | -6.73% | 3.84% | -0.44% | -2.38% | 2.74% | 3.70% | 5.00% | -6.00% | 11.19% | 1.83% | 6.46% | -0.24% | 19.03% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HTBK is 67, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Heritage Commerce Corp (HTBK) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Heritage Commerce Corp granted a 5.26% dividend yield in the last twelve months. The annual payout for that period amounted to $0.52 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.52 | $0.52 | $0.52 | $0.52 | $0.52 | $0.48 | $0.44 | $0.40 | $0.36 | $0.32 | $0.18 | $0.06 |
Dividend yield | 5.26% | 5.24% | 4.00% | 4.36% | 5.86% | 3.74% | 3.88% | 2.61% | 2.49% | 2.68% | 2.04% | 0.73% |
Monthly Dividends
The table displays the monthly dividend distributions for Heritage Commerce Corp. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.39 | |||
| 2023 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.52 |
| 2022 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.52 |
| 2021 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.52 |
| 2020 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.52 |
| 2019 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.48 |
| 2018 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.44 |
| 2017 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.40 |
| 2016 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.36 |
| 2015 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.32 |
| 2014 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.18 |
| 2013 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.06 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Heritage Commerce Corp. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Heritage Commerce Corp was 90.46%, occurring on Nov 9, 2009. The portfolio has not yet recovered.
The current Heritage Commerce Corp drawdown is 40.89%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -90.46% | Feb 9, 2007 | 694 | Nov 9, 2009 | — | — | — |
| -65.4% | Feb 24, 1999 | 588 | Nov 27, 2001 | 898 | Aug 2, 2005 | 1486 |
| -22.69% | Feb 1, 1999 | 10 | Feb 12, 1999 | 4 | Feb 22, 1999 | 14 |
| -19.05% | Aug 10, 1998 | 22 | Oct 6, 1998 | 21 | Dec 17, 1998 | 43 |
| -12.23% | Jan 6, 1999 | 1 | Jan 6, 1999 | 1 | Jan 7, 1999 | 2 |
Volatility
Volatility Chart
The current Heritage Commerce Corp volatility is 5.83%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Heritage Commerce Corp compared to its peers in the Banks - Regional industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for HTBK in comparison to other companies of the Banks - Regional industry. Currently, HTBK has a PE value of 12.5. This PE ratio falls in the average range for the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for HTBK in comparison to other companies of the Banks - Regional industry. Currently, HTBK has a PEG value of 1.9. This PEG ratio falls in the average range for the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Heritage Commerce Corp.
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Income Statement
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