Heritage Commerce Corp. Company Profile (NASDAQ:HTBK)

About Heritage Commerce Corp.

Heritage Commerce Corp. logoHeritage Commerce Corp is a bank holding company. The Company, through its subsidiary Heritage Bank of Commerce (the Bank), provides a range of banking services. The Bank is a California state-chartered multi-community independent bank that offers a range of commercial banking services to small and medium-sized businesses and their owners, managers and employees. The Company offers a multitude of other products and services to complement its lending and deposit services. These include cashier's checks, traveler's checks, bank-by-mail, automated teller machines (ATMs), night depositories, safe deposit boxes, direct deposit, automated payroll services, electronic funds transfers, online banking, online bill pay, homeowner association services and other customary banking services. In addition to the traditional financial services offered, the Bank offers remote deposit capture, automated clearing house origination, electronic data interchange and check imaging.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Pacific Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: HTBK
  • CUSIP: 42692710
Key Metrics:
  • Previous Close: $11.12
  • 50 Day Moving Average: $11.390
  • 200 Day Moving Average: $10.660
  • 52-Week Range: $8.84 - $12.38
  • Trailing P/E Ratio: 19.586
  • Foreward P/E Ratio: 13.40
  • P/E Growth: 1.500
  • Market Cap: $358.64M
  • Outstanding Shares: 32,295,000
  • Beta: 0.95
Profitability:
  • Net Margins: 21.08%
  • Return on Equity: 9.21%
  • Return on Assets: 0.91%
Debt:
  • Current Ratio: 0.77%
  • Quick Ratio: 0.77%
Additional Links:
Companies Related to Heritage Commerce Corp.:

Analyst Ratings

Consensus Ratings for Heritage Commerce Corp. (NASDAQ:HTBK) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $11.50 (3.42% upside)

Analysts' Ratings History for Heritage Commerce Corp. (NASDAQ:HTBK)
Show:
DateFirmActionRatingPrice TargetDetails
12/18/2015FIG PartnersUpgradeMarket Perform -> OutperformView Rating Details
11/23/2015Sandler O'NeillUpgradeHold -> BuyView Rating Details
11/3/2015Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$11.50View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Heritage Commerce Corp. (NASDAQ:HTBK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2016        
7/29/2016Q216$0.19ViewN/AView Earnings Details
7/28/2016Q2$0.18$0.19ViewN/AView Earnings Details
4/28/2016Q1$0.16$0.16ViewN/AView Earnings Details
1/29/2016Q4$0.13$0.12ViewN/AView Earnings Details
10/26/2015Q3$0.15$0.10ViewN/AView Earnings Details
7/23/2015Q2$0.14$0.14ViewN/AView Earnings Details
4/23/2015Q115$0.11$0.13ViewN/AView Earnings Details
1/22/2015$0.12$0.11ViewN/AView Earnings Details
10/23/2014Q3$0.11$0.11ViewN/AView Earnings Details
7/24/2014$0.11$0.10ViewN/AView Earnings Details
4/24/2014$0.10$0.10ViewN/AView Earnings Details
1/23/2014Q4$0.10$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Heritage Commerce Corp. (NASDAQ:HTBK)
Current Year EPS Consensus Estimate: $0.74 EPS
Next Year EPS Consensus Estimate: $0.83 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.16$0.17$0.17
Q2 20161$0.18$0.18$0.18
Q3 20163$0.18$0.20$0.19
Q4 20162$0.19$0.19$0.19
Q1 20172$0.18$0.20$0.19
Q2 20173$0.20$0.22$0.21
Q3 20173$0.21$0.23$0.22
Q4 20172$0.22$0.22$0.22
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Heritage Commerce Corp. (NASDAQ:HTBK)
Annual Dividend:$0.36
Dividend Yield:3.24%
Payout Ratio:63.16% (Based on Trailing 12 Months of Earnings)
48.65% (Based on Current Year Consensus EPS Estimate)
43.37% (Based on Next Year Consensus EPS Estimate)

Dividend History for Heritage Commerce Corp. (NASDAQ:HTBK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/29/2016quarterly$0.093.44%8/5/20168/9/20168/24/2016
4/29/2016quarterly$0.093.45%5/6/20165/10/20165/25/2016
2/1/2016quarterly$0.093.28%2/8/20162/10/20162/25/2016
10/27/2015quarterly$0.082.96%11/6/201511/10/201511/24/2015
7/24/2015quarterly$0.082.93%8/11/20158/13/20158/27/2015
4/24/2015quarterly$0.083.53%5/12/20155/14/20155/28/2015
1/27/2015quarterly$0.083.76%2/6/20152/10/20152/25/2015
10/23/2014quarterly$0.052.41%11/4/201411/6/201411/24/2014
7/24/2014quarterly$0.052.5%8/5/20148/7/20148/27/2014
4/24/2014quarterly$0.041.94%5/5/20145/7/20145/28/2014
1/23/2014quarterly$0.042%2/3/20142/5/20142/25/2014
10/24/2013quarterly$0.031.52%11/5/201311/7/201311/25/2013
8/12/2013quarterly$0.031.68%8/21/20138/23/20139/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Heritage Commerce Corp. (NASDAQ:HTBK)
Insider Ownership Percentage: 19.72%
Institutional Ownership Percentage: 52.13%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/8/2016W Kirk WycoffDirectorSell6,968$11.50$80,132.00View SEC Filing  
9/7/2016W Kirk WycoffDirectorSell600$11.50$6,900.00View SEC Filing  
9/6/2016W Kirk WycoffDirectorSell7,701$11.50$88,561.50View SEC Filing  
9/2/2016W Kirk WycoffDirectorSell21,138$11.50$243,087.00View SEC Filing  
9/1/2016W Kirk WycoffDirectorSell38,705$11.50$445,107.50View SEC Filing  
8/31/2016John M Eggemeyer IIIDirectorSell83,100$11.54$958,974.00View SEC Filing  
8/30/2016John M Eggemeyer IIIDirectorSell2,975$11.85$35,253.75View SEC Filing  
8/29/2016John M Eggemeyer IIIDirectorSell915,000$11.70$10,705,500.00View SEC Filing  
8/25/2016W Kirk WycoffDirectorSell80,000$11.86$948,800.00View SEC Filing  
8/19/2016Jack W ConnerDirectorSell300$11.54$3,462.00View SEC Filing  
8/18/2016Komas Julianne M BiaginiDirectorSell5,086$11.45$58,234.70View SEC Filing  
8/2/2016J Philip DinapoliDirectorBuy5,000$10.43$52,150.00View SEC Filing  
6/3/2016J Philip DinapoliDirectorBuy1,000$10.78$10,780.00View SEC Filing  
5/25/2016Komas Julianne M BiaginiDirectorSell2,500$10.75$26,875.00View SEC Filing  
5/18/2016Michael Eugene BenitoEVPSell540$10.00$5,400.00View SEC Filing  
5/9/2016David PorterEVPSell1,800$10.45$18,810.00View SEC Filing  
2/2/2016Jack W ConnerDirectorBuy6,249$9.57$59,802.93View SEC Filing  
9/1/2015Steven L HallgrimsonDirectorSell400$10.31$4,124.00View SEC Filing  
8/31/2015Jack W ConnerDirectorBuy2,500$10.54$26,350.00View SEC Filing  
12/9/2013Jack ConnerDirectorBuy6,000$8.30$49,800.00View SEC Filing  
11/6/2013Jack ConnerDirectorSell6,000$7.46$44,760.00View SEC Filing  
6/18/2013Lawrence D McgovernCFOSell3,500$6.78$23,730.00View SEC Filing  
6/17/2013Dan Toshio KawamotoEVPSell3,500$6.75$23,625.00View SEC Filing  
8/20/2012Celeste Volz FordDirectorBuy7,000$6.65$46,550.00View SEC Filing  
8/10/2012Jack W ConnerDirectorBuy31,400$6.38$200,332.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Heritage Commerce Corp. (NASDAQ:HTBK)
DateHeadline
publicnow.com logoHeritage Commerce Corp Named to Sandler O’Neill Bank and Thrift Sm-All Stars Class of 2016 (NASDAQ:HTBK)
www.publicnow.com - September 28 at 5:21 PM
stocksdaily.net logoHeritage Commerce Corp (NASDAQ:HTBK) Held $356.786 In Short-Term Investments And Cash (NASDAQ:HTBK)
www.stocksdaily.net - September 27 at 5:28 PM
capitalcube.com logoHeritage Commerce Corp. breached its 50 day moving average in a Bearish Manner : HTBK-US : September 27, 2016 (NASDAQ:HTBK)
www.capitalcube.com - September 27 at 10:04 AM
stocksdaily.net logoHeritage Commerce Corp (NASDAQ:HTBK) Had $356.786 In Cash And Short-Term Investments (NASDAQ:HTBK)
www.stocksdaily.net - September 21 at 9:41 AM
feeds.reuters.com logoBRIEF-Heritage Commerce files for mixed shelf of up to $100 million (NASDAQ:HTBK)
feeds.reuters.com - September 14 at 4:54 PM
feeds.reuters.com logoBRIEF-Heritage Commerce files for offering of up to 8.2 million shares of common stock (NASDAQ:HTBK)
feeds.reuters.com - September 14 at 4:54 PM
biz.yahoo.com logoHERITAGE COMMERCE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Se (NASDAQ:HTBK)
biz.yahoo.com - September 14 at 9:44 AM
stocksdaily.net logoHeritage Commerce Corp (NASDAQ:HTBK) CFF Stands At $261.699 Millions (NASDAQ:HTBK)
www.stocksdaily.net - September 6 at 5:31 PM
capitalcube.com logoETF’s with exposure to Heritage Commerce Corp. : August 29, 2016 (NASDAQ:HTBK)
www.capitalcube.com - August 29 at 5:23 PM
realistinvestor.com logoHere’s The Growth Forecast For Heritage Commerce Corp (NASDAQ:HTBK) (NASDAQ:HTBK)
www.realistinvestor.com - August 17 at 5:43 PM
finance.yahoo.com logoHERITAGE COMMERCE CORP Financials (NASDAQ:HTBK)
finance.yahoo.com - August 16 at 5:41 PM
stocksdaily.net logoHeritage Commerce Corp (NASDAQ:HTBK) Ratings in Focus (NASDAQ:HTBK)
www.stocksdaily.net - August 13 at 5:19 PM
capitalcube.com logoHeritage Commerce Corp. :HTBK-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NASDAQ:HTBK)
www.capitalcube.com - August 12 at 5:33 PM
nasdaq.com logoHeritage Commerce Corp (HTBK) Ex-Dividend Date Scheduled for August (NASDAQ:HTBK)
www.nasdaq.com - August 4 at 5:47 PM
capitalcube.com logoHeritage Commerce Corp. breached its 50 day moving average in a Bearish Manner : HTBK-US : July 29, 2016 (NASDAQ:HTBK)
www.capitalcube.com - July 29 at 8:41 AM
finance.yahoo.com logoHeritage Commerce Corp’s Second Quarter 2016 Earnings Increased 63% From the Prior Year Second Quarter (NASDAQ:HTBK)
finance.yahoo.com - July 29 at 8:26 AM
sg.finance.yahoo.com logoHeritage Commerce posts 2Q profit (NASDAQ:HTBK)
sg.finance.yahoo.com - July 29 at 6:33 AM
equities.com logoHeritage Commerce Corp (HTBK) is Trading Higher on Unusual Volume for July 12 (NASDAQ:HTBK)
www.equities.com - July 14 at 9:02 AM
capitalcube.com logoHeritage Commerce Corp. breached its 50 day moving average in a Bullish Manner : HTBK-US : July 13, 2016 (NASDAQ:HTBK)
www.capitalcube.com - July 13 at 8:35 AM
seekingalpha.com logoHeritage Bank Of Commerce: Recent Interest By A PE Fund Makes For An Interesting Case (NASDAQ:HTBK)
seekingalpha.com - June 29 at 5:28 PM
equities.com logoHeritage Commerce Corp (HTBK) is Trading Lower on Unusual Volume for June 21 (NASDAQ:HTBK)
www.equities.com - June 23 at 8:26 AM
seekingalpha.com logoRecent Activity In The Banking Industry: M&As, Branch Openings And Buybacks (NASDAQ:HTBK)
seekingalpha.com - June 22 at 5:38 PM
equities.com logoHeritage Commerce Corp (HTBK) is Trading Higher on Unusual Volume for June 20 (NASDAQ:HTBK)
www.equities.com - June 22 at 5:38 PM
capitalcube.com logoHeritage Commerce Corp. breached its 50 day moving average in a Bearish Manner : HTBK-US : June 20, 2016 (NASDAQ:HTBK)
www.capitalcube.com - June 20 at 8:30 AM
equities.com logoHeritage Commerce Corp (HTBK) is Trading Lower on Unusual Volume for June 15 (NASDAQ:HTBK)
www.equities.com - June 17 at 8:15 AM
fidaily.com logoInsiders Are Buying and Selling – Heritage Commerce Corp (NASDAQ:HTBK) (NASDAQ:HTBK)
www.fidaily.com - June 7 at 5:41 PM
equities.com logoHeritage Commerce Corp (HTBK) is Trading Lower on Unusual Volume for June 02 (NASDAQ:HTBK)
www.equities.com - June 4 at 8:11 AM
News IconBiagini Komas Julianne M, Director of Heritage Commerce Corp (NASDAQ:HTBK) sells 2,500 shares (NASDAQ:HTBK)
empowerednews.net - May 28 at 10:27 AM
biz.yahoo.com logoHERITAGE COMMERCE CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Financi (NASDAQ:HTBK)
biz.yahoo.com - May 27 at 1:49 PM
News IconBenito Michael Eugene, EVP of Heritage Commerce Corp (NASDAQ:HTBK) sells 540 shares (NASDAQ:HTBK)
empowerednews.net - May 26 at 12:49 PM
capitalcube.com logoHeritage Commerce Corp. breached its 50 day moving average in a Bearish Manner : HTBK-US : May 18, 2016 (NASDAQ:HTBK)
www.capitalcube.com - May 18 at 8:40 AM
publicnow.com logoHeritage Commerce Corp to Participate in the D.A. Davidson 18th Annual Financial Institutions Conference in Denver (NASDAQ:HTBK)
www.publicnow.com - May 9 at 11:28 AM
capitalcube.com logoHeritage Commerce Corp. :HTBK-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:HTBK)
www.capitalcube.com - May 4 at 1:36 PM
seekingalpha.com logoHeritage Commerce EPS in-line, misses on net interest income (NASDAQ:HTBK)
seekingalpha.com - April 28 at 11:52 PM
publicnow.com logoHeritage Commerce Corp Declares Quarterly Cash Dividend of $0.09 Per Share (NASDAQ:HTBK)
www.publicnow.com - April 28 at 6:54 PM
publicnow.com logoHeritage Commerce Corp’s First Quarter 2016 Earnings Increased 48% From the Prior Year First Quarter (NASDAQ:HTBK)
www.publicnow.com - April 28 at 6:34 PM
biz.yahoo.com logoHERITAGE COMMERCE CORP Files SEC form 8-K, Material Modification to Rights of Security Holders (NASDAQ:HTBK)
biz.yahoo.com - April 6 at 4:27 PM
equities.com logoHeritage Commerce Corp. (HTBK) is Trading Lower on Unusual Volume for March 31 (NASDAQ:HTBK)
www.equities.com - April 2 at 8:33 AM
biz.yahoo.com logoHERITAGE COMMERCE CORP Files SEC form 8-K, Change in Directors or Principal Officers, Material Modification to Rights (NASDAQ:HTBK)
biz.yahoo.com - March 30 at 4:10 PM
finance.yahoo.com logoJeffrey Javier Joins Heritage Bank of Commerce's Corporate Finance Division (NASDAQ:HTBK)
finance.yahoo.com - March 30 at 10:00 AM
seekingalpha.com logoTime To Dip Into Heritage Commerce Corporation? (NASDAQ:HTBK)
seekingalpha.com - March 10 at 4:56 PM
capitalcube.com logoHeritage Commerce Corp. breached its 50 day moving average in a Bullish Manner : HTBK-US : March 10, 2016 (NASDAQ:HTBK)
www.capitalcube.com - March 10 at 8:05 AM
thestreet.com logoHeritage Commerce Corp To Participate In The Sandler O'Neil West Coast Financial Services Conference (NASDAQ:HTBK)
www.thestreet.com - March 7 at 5:15 PM
biz.yahoo.com logoHERITAGE COMMERCE CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:HTBK)
biz.yahoo.com - March 7 at 12:43 PM
finance.yahoo.com logoHeritage Commerce Corp to Participate in the Sandler O’Neil West Coast Financial Services Conference (NASDAQ:HTBK)
finance.yahoo.com - March 7 at 9:00 AM
biz.yahoo.com logoHERITAGE COMMERCE CORP Files SEC form 10-K, Annual Report (NASDAQ:HTBK)
biz.yahoo.com - March 7 at 6:05 AM
thestreet.com logoRelative Strength Alert For Heritage Commerce (NASDAQ:HTBK)
www.thestreet.com - February 11 at 4:05 PM
finance.yahoo.com logoHeritage Commerce Corp to Participate in FIG Partners West Coast Bank CEO Forum (NASDAQ:HTBK)
finance.yahoo.com - February 3 at 9:00 AM
capitalcube.com logoHeritage Commerce Corp. Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:HTBK)
www.capitalcube.com - February 1 at 1:19 PM
finance.yahoo.com logo3:11 am Heritage Commerce Corp misses $0.05; raises Q4 cash dividend by 12.5% to $0.09 per share (NASDAQ:HTBK)
finance.yahoo.com - January 29 at 3:11 AM

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Heritage Commerce Corp. (NASDAQ:HTBK) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff