Heritage Commerce (HTBK) Stock Price, News & Analysis

Company Overview

Heritage Commerce Corporation, headquartered in Farmington Hills, Michigan, is the bank holding company for Heritage Bank, N.A., a community-oriented financial institution. Traded on NASDAQ under the symbol HTBK, the company focuses on delivering tailored banking services to businesses, professionals and individuals throughout Southeastern Michigan.

Heritage Bank, N.A. offers a comprehensive portfolio of deposit and lending products designed to meet the needs of commercial and consumer clients. Deposit offerings include checking, savings, money market and certificate of deposit accounts. On the lending side, the bank provides commercial real estate, construction, equipment financing, agriculture and industrial loans, as well as consumer installment loans and residential mortgage products. Complementing its core banking services, Heritage Bank delivers treasury and cash management solutions, online and mobile banking platforms, and wealth management advisory services.

With a network of branches serving Wayne, Oakland, Macomb and adjacent counties, Heritage Commerce emphasizes relationship-based banking and local decision-making. The company’s management team draws on decades of regional experience to support small and medium-sized enterprises, while also reinvesting in community development and economic growth initiatives across its markets.

Key Stats

• Today's Range: $10.14 to $10.30
• 50-Day Range: $9.25 to $10.69
• 52-Week Range: $8.09 to $11.27
• Volume: 73,711 shs
• Average Volume: 419,962 shs
• Market Capitalization: $625.84 million
• P/E Ratio: 16.17
• Dividend Yield: 5.11%
• Price Target: $10.67
• Consensus Rating: Buy

Heritage Commerce Stock Analysis - MarketRank™

Heritage Commerce scored higher than 74% of companies evaluated by MarketBeat, and ranked 443rd out of 946 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Buy

Consensus Rating

Heritage Commerce has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Heritage Commerce is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Heritage Commerce has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 12.50%

Earnings Growth

Earnings for Heritage Commerce are expected to grow by 12.50% in the coming year, from $0.80 to $0.90 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Heritage Commerce is 16.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.96.

Price to Earnings Ratio vs. Sector

The P/E ratio of Heritage Commerce is 16.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 245.74.

Price to Book Value per Share Ratio

Heritage Commerce has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.24% of the float of Heritage Commerce has been sold short.

Short Interest Ratio / Days to Cover

Heritage Commerce has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Heritage Commerce has recently increased by 1.63%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Heritage Commerce is a leading dividend payer. It pays a dividend yield of 5.08%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Heritage Commerce does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Heritage Commerce is 82.54%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Heritage Commerce will have a dividend payout ratio of 57.78% next year. This indicates that Heritage Commerce will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.24% of the float of Heritage Commerce has been sold short.

Short Interest Ratio / Days to Cover

Heritage Commerce has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Heritage Commerce has recently increased by 1.63%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.45

News Sentiment

Heritage Commerce has a news sentiment score of 1.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.06 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Heritage Commerce this week, compared to 3 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Heritage Commerce insiders have bought more of their company's stock than they have sold. Specifically, they have bought $185,000.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 2.71% of the stock of Heritage Commerce is held by insiders.

Percentage Held by Institutions

75.55% of the stock of Heritage Commerce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HTBK Stock Analysis - Frequently Asked Questions

How have HTBK shares performed this year?

Heritage Commerce's stock was trading at $9.38 at the start of the year. Since then, HTBK stock has increased by 8.6% and is now trading at $10.1850.

How were Heritage Commerce's earnings last quarter?

Heritage Commerce Corp (NASDAQ:HTBK) released its quarterly earnings results on Thursday, July, 24th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.02. The financial services provider earned $47.78 million during the quarter, compared to analysts' expectations of $47.17 million. Heritage Commerce had a net margin of 15.00% and a trailing twelve-month return on equity of 6.61%.

Who are Heritage Commerce's major shareholders?

Top institutional shareholders of Heritage Commerce include FJ Capital Management LLC (3.82%), JPMorgan Chase & Co. (2.98%), HoldCo Asset Management LP (2.64%) and Geode Capital Management LLC (2.54%). Insiders that own company stock include Jason Philip Dinapoli, Robertson Clay Jones Jr, Jack W Conner, Lawrence D Mcgovern, Robert Moles, Stephen G Heitel, Thomas A Sa, Susan Svensson Just and Kamran F Husain.
View institutional ownership trends.

How do I buy shares of Heritage Commerce?

Shares of HTBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Heritage Commerce own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Heritage Commerce investors own include JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 7/24/2025
• Record date for 8/21 Dividend: 8/07/2025
• Ex-Dividend for 8/21 Dividend: 8/07/2025
• Dividend Payable: 8/21/2025
• Today: 9/12/2025
• Next Earnings (Estimated): 10/23/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - WEST
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:HTBK
• CIK: 1053352
• Web: www.heritagecommercecorp.com
• Phone: (408) 947-6900
• Fax: 408-947-6910
• Employees: 330
• Year Founded: 1994

Price Target and Rating

• Average Price Target for Heritage Commerce: $10.67
• High Price Target: $11.00
• Low Price Target: $10.00
• Potential Upside/Downside: +4.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.63
• Trailing P/E Ratio: 16.17
• Forward P/E Ratio: 12.73
• P/E Growth: N/A
• Net Income: $40.53 million
• Net Margins: 15.00%
• Pretax Margin: 20.86%
• Return on Equity: 6.61%
• Return on Assets: 0.82%

Debt

• Debt-to-Equity Ratio: 0.06
• Current Ratio: 0.77
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $182.21 million
• Price / Sales: 3.43
• Cash Flow: $0.69 per share
• Price / Cash Flow: 14.78
• Book Value: $11.25 per share
• Price / Book: 0.91

Miscellaneous

• Outstanding Shares: 61,447,000
• Free Float: 59,782,000
• Market Cap: $625.84 million
• Optionable: Optionable
• Beta: 0.87