Heritage Commerce Corp (HTBK)

Price$13.05

Favorite Metrics

Price vs S&P 500 (26W)30.20%

Price vs S&P 500 (4W)4.00%

Market Capitalization$812.11M

P/E Ratio (Annual)16.98x

Indicated Dividend Yield (Annual)3.94%

All Metrics

P/CF (Annual)13.17x

Book Value / Share (Quarterly)$11.55

P/TBV (Annual)1.04x

Indicated Dividend (Annual)$0.52

Revenue Growth (3Y)9.80%

Cash Flow / Share (Quarterly)$1.00

Payout Ratio (TTM)66.73%

Price vs S&P 500 (YTD)7.18%

Net Profit Margin (TTM)35.51%

EPS (TTM)$0.78

10-Day Avg Trading Volume0.63M

EPS Excl Extra (TTM)$0.78

Revenue Growth (5Y)12.05%

EPS (Annual)$0.78

Dividend / Share (Annual)$0.52

ROI (Annual)6.39%

Net Profit Margin (5Y Avg)29.22%

Cash / Share (Quarterly)$0.66

P/E Basic Excl Extra (TTM)16.98x

Revenue Growth QoQ (YoY)21.16%

EPS Growth (5Y)5.74%

P/E Normalized (Annual)16.98x

ROA (Last FY)0.83%

Revenue Growth TTM (YoY)32.84%

EBITD / Share (TTM)$1.12

ROE (5Y Avg)8.14%

Operating Margin (TTM)50.10%

Cash Flow / Share (Annual)$1.00

P/B Ratio1.15x

P/B Ratio (Quarterly)1.04x

Net Income / Employee (Annual)$0

ROA (TTM)0.86%

EPS Growth QoQ (YoY)42.00%

EV / EBITDA (TTM)12.33x

EPS Incl Extra (Annual)$0.78

3-Month Avg Trading Volume0.82M

52-Week Price Return57.78%

EV / Free Cash Flow (Annual)13.90x

P/E Incl Extra (TTM)16.98x

Tangible BV / Share (Quarterly)$11.47

P/S Ratio (Annual)2.75x

52-Week High$13.82

EPS Excl Extra (Annual)$0.78

CapEx CAGR (5Y)-34.64%

Tangible BV CAGR (5Y)4.64%

26-Week Price Return34.18%

13-Week Price Return7.06%

Total Debt / Equity (Annual)0.06x

Enterprise Value$851.913

Revenue / Share Growth (5Y)1.56%

Book Value / Share Growth (5Y)3.66%

Revenue / Employee (Annual)$588,207

Pretax Margin (Annual)49.67%

Cash / Share (Annual)$0.45

3-Month Return Std Dev27.66%

Net Income / Employee (TTM)$0

EBITDA CAGR (5Y)6.66%

EBITDA Interim CAGR (5Y)6.49%

ROE (Last FY)6.75%

EPS Basic Excl Extra (Annual)$0.78

P/FCF (TTM)13.25x

EV / Free Cash Flow (TTM)13.90x

Total Debt / Equity (Quarterly)0.06x

EPS Incl Extra (TTM)$0.78

ROI (TTM)6.47%

Dividend Growth Rate (5Y)-0.03%

P/S Ratio (TTM)2.58x

Pretax Margin (5Y Avg)40.75%

Revenue / Share (Annual)$3.11

Tangible BV / Share (Annual)$11.47

Forward P/E12.85x

Free OCF CAGR (5Y)2.51%

Price vs S&P 500 (52W)27.95%

P/E Ratio (TTM)16.98x

EPS Growth TTM (YoY)17.79%

Year-to-Date Return9.83%

5-Day Price Return-2.01%

EPS Normalized (Annual)$0.78

ROA (5Y Avg)0.99%

Net Profit Margin (Annual)35.03%

Month-to-Date Return5.69%

Cash Flow / Share (TTM)$1.23

EBITD / Share (Annual)$1.12

EPS Growth (3Y)-10.74%

Operating Margin (Annual)49.67%

LT Debt / Equity (Annual)0.06x

P/CF (TTM)13.17x

ROI (5Y Avg)7.68%

P/E Excl Extra (TTM)16.98x

LT Debt / Equity (Quarterly)0.06x

EPS Basic Excl Extra (TTM)$0.78

P/TBV (Quarterly)1.04x

Payout Ratio (Annual)66.73%

P/B Ratio (Annual)1.04x

Dividend / Share (TTM)$0.52

Pretax Margin (TTM)50.10%

Book Value / Share (Annual)$11.55

Price vs S&P 500 (13W)6.37%

Net Margin Growth (5Y)4.71%

Dividend Yield (TTM)3.93%

Beta0.71x

P/FCF (Annual)13.25x

Revenue / Share (TTM)$3.30

ROE (TTM)6.83%

52-Week Low$8.17

Analyst Recommendations

Jan 2026

Feb 2026

Mar 2026

Apr 2026

4.00

3.91

3.83

Industry Peers — State Banks(184)

Symbol	P/B Ratio (Quarterly)	ROE (TTM)	ROA (TTM)	Net Interest Coverage (TTM)	Price
HTBKHeritage Commerce Corp	1.04x	6.83%	0.86%	—	$13.05
ITUBItau Unibanco Holding S.A. American Depositary Shares	2.03x	20.76%	1.50%	—	$9.33
BNSBank of Nova Scotia	1.45x	10.41%	0.62%	—	$75.00
BKBank of New York Mellon Corporation	1.83x	12.66%	1.20%	—	$134.84
FITBFifth Third Bancorp	1.42x	11.96%	1.19%	—	$49.52
FITBIFifth Third Bancorp Depositary Shares	1.42x	11.96%	1.19%	—	$25.32
FITBMFifth Third Bancorp Depositary Shares Representing a 1/40th Ownership Interest in a Share of 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series M	1.42x	11.96%	1.19%	—	$25.83
FITBOFifth Third Bancorp Depositary Shares each representing a 1/1000th ownership interest in a share of Non-Cumulative Perpetual Preferred Stock, Series K	1.42x	11.96%	1.19%	—	$19.38
FITBPFifth Third Bancorp Depositary Shares each representing 1/40th share of Fifth Third 6.00% Non-Cumulative Perpetual Class B Preferred Stock, Series A	1.42x	11.96%	1.19%	—	$24.05
BBDBanco Bradesco S.A. American Depositary Shares (Each representing one Preferred Shares)	1.04x	9.84%	0.81%	—	$4.15
BBDOBanco Bradesco S.A. American Depositary Shares (Each representing one Common Share, no par value)	1.04x	9.84%	0.81%	—	$3.72

About

Heritage Commerce Corp is a bank holding company serving small and medium-sized businesses through its Banking and Factoring segments. The Banking segment provides the majority of revenue through commercial and industrial loans, commercial real estate and construction financing, and deposit products including demand accounts, money market accounts, certificates of deposit, and savings accounts.