Heritage Commerce Corp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 17/403 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 11.83.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Heritage Commerce Corp's Score
Industry at a Glance
Industry Ranking
17 / 403
Overall Ranking
58 / 4563
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Buy
Current Rating
11.833
Target Price
+2.81%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Heritage Commerce Corp Highlights
StrengthsRisks
Heritage Commerce Corp is a bank holding company for its wholly owned subsidiary, Heritage Bank of Commerce (the Bank). The Bank offers a full line of banking services and products to business and individual clients, with a focus on small and medium-sized business and their owners, managers and employees. Its lending activities are diversified and include commercial, real estate, construction and land development, consumer and small business administration (SBA) guaranteed loans. The Bank offers a range of deposit products for business banking and retail markets. It offers a multitude of other products and services to complement its lending and deposit services. Through its Bank subsidiary, CSNK Working Capital Finance Corp., the Company provides factoring financing throughout the United States. Its operations are located in the general San Francisco Bay Area of California in the counties of Alameda, Contra Costa, Marin, San Benito, San Francisco, San Mateo, and Santa Clara.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 78.61%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 78.61%.
Overvalued
The company’s latest PB is 1.10, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 49.44M shares, decreasing 6.24% quarter-over-quarter.
Heritage Commerce Corp is a bank holding company for its wholly owned subsidiary, Heritage Bank of Commerce (the Bank). The Bank offers a full line of banking services and products to business and individual clients, with a focus on small and medium-sized business and their owners, managers and employees. Its lending activities are diversified and include commercial, real estate, construction and land development, consumer and small business administration (SBA) guaranteed loans. The Bank offers a range of deposit products for business banking and retail markets. It offers a multitude of other products and services to complement its lending and deposit services. Through its Bank subsidiary, CSNK Working Capital Finance Corp., the Company provides factoring financing throughout the United States. Its operations are located in the general San Francisco Bay Area of California in the counties of Alameda, Contra Costa, Marin, San Benito, San Francisco, San Mateo, and Santa Clara.
Ticker SymbolHTBK
CompanyHeritage Commerce Corp
CEOJones (Robertson Clay)
Websitehttps://www.heritagecommercecorp.com/
FAQs
What is the current price of Heritage Commerce Corp (HTBK)?
The current price of Heritage Commerce Corp (HTBK) is 12.540.
What is the symbol of Heritage Commerce Corp?
The ticker symbol of Heritage Commerce Corp is HTBK.
What is the 52-week high of Heritage Commerce Corp?
The 52-week high of Heritage Commerce Corp is 12.890.
What is the 52-week low of Heritage Commerce Corp?
The 52-week low of Heritage Commerce Corp is 8.090.
What is the market capitalization of Heritage Commerce Corp?
The market capitalization of Heritage Commerce Corp is 768.42M.
What is the net income of Heritage Commerce Corp?
The net income of Heritage Commerce Corp is 40.53M.
Is Heritage Commerce Corp (HTBK) currently rated as Buy, Hold, or Sell?
According to analysts, Heritage Commerce Corp (HTBK) has an overall rating of Buy, with a price target of 11.833.
What is the Earnings Per Share (EPS TTM) of Heritage Commerce Corp (HTBK)?
The Earnings Per Share (EPS TTM) of Heritage Commerce Corp (HTBK) is 0.706.