HTBK - Heritage Commerce Corp
NASDAQ
->
Financial Services
->
Banks—Regional
San Jose,
United States
Type: Equity
HTBK price evolution
HTBK
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jul 2023 | 1 May 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $408.13 | $645.55 | $511.5 | $740.01 |
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $9.86 | $9.71 | $9.2 | $9.14 |
| Goodwill & intangible assets | $176.26 | $176.86 | $177.46 | $178.06 |
| Total noncurrent assets | ||||
| Total investments | $4430.37 | $4393.01 | $4444.8 | $4439.94 |
| Total assets | $5194.1 | $5403.31 | $5311.84 | $5536.54 |
| Current liabilities | ||||
| Accounts payable | $103.23 | $126.46 | $117.97 | $105.41 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $103.23 | $126.46 | $117.97 | $405.41 |
| Long term debt | $39.5 | $39.46 | $39.42 | $39.39 |
| Total noncurrent liabilities | ||||
| Total debt | $39.5 | $39.46 | $39.42 | $339.39 |
| Total liabilities | $4521.19 | $4741.38 | $4658.17 | $4889.33 |
| Shareholders' equity | ||||
| Retained earnings | $179.09 | $173.71 | $165.85 | $157.39 |
| Other shareholder equity | -$12.73 | -$17.47 | -$17.26 | -$14.32 |
| Total shareholder equity | $672.9 | $661.93 | $653.67 | $647.21 |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $408.13 | $306.6 | $1306.22 | $1131.07 |
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $9.86 | $9.3 | $9.64 | $10.46 |
| Goodwill & intangible assets | $176.26 | $178.66 | $181.3 | $184.29 |
| Total noncurrent assets | ||||
| Total investments | $4430.37 | $4490.6 | $3839.56 | $3143.24 |
| Total assets | $5194.1 | $5154.22 | $5499.41 | $4634.11 |
| Current liabilities | ||||
| Accounts payable | $103.23 | $92.81 | $67.2 | $66.1 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $103.23 | $92.81 | $102.1 | $102 |
| Long term debt | $39.5 | $39.35 | $39.9 | $39.74 |
| Total noncurrent liabilities | ||||
| Total debt | $39.5 | $39.35 | $39.92 | $39.74 |
| Total liabilities | $4521.19 | $4521.77 | $4901.38 | $4056.22 |
| Shareholders' equity | ||||
| Retained earnings | $179.09 | $146.39 | $111.33 | $94.9 |
| Other shareholder equity | -$12.73 | -$16.86 | -$11 | -$10.72 |
| Total shareholder equity | $672.9 | $632.46 | $598.03 | $577.89 |
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jul 2023 | 1 May 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $44.24 | $47.42 | $48.37 | |
| Cost of revenue | ||||
| Gross Profit | $47.42 | |||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $17.16 | |||
| Total operating expenses | $25.17 | |||
| Operating income | $22.25 | |||
| Income from continuing operations | ||||
| EBIT | $22.25 | |||
| Income tax expense | $5.13 | $6.45 | $6.71 | |
| Interest expense | ||||
| Net income | ||||
| Net income | $13.33 | $15.79 | $16.4 | |
| Income (for common shares) | $15.79 | |||
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $192.22 | $189.22 | $158.95 | $138.58 |
| Cost of revenue | ||||
| Gross Profit | $189.22 | $158.95 | $138.58 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $69.98 | $66.8 | $64.28 | |
| Total operating expenses | $94.86 | $93.08 | $89.51 | |
| Operating income | $94.37 | $65.87 | $49.07 | |
| Income from continuing operations | ||||
| EBIT | $94.37 | $65.87 | $49.07 | |
| Income tax expense | $25.98 | $27.81 | $18.17 | $13.77 |
| Interest expense | ||||
| Net income | ||||
| Net income | $64.44 | $66.56 | $47.7 | $35.3 |
| Income (for common shares) | $66.56 | $47.7 | $35.3 | |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $13.33 | $15.79 | $16.4 | $18.92 |
| Operating activities | ||||
| Depreciation | $0.89 | $0.88 | $0.88 | $0.87 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.62 | $0.62 | $0.63 | $0.53 |
| Total cash flows from operations | -$4.58 | $16.84 | $30.79 | $29.96 |
| Investing activities | ||||
| Capital expenditures | -$0.44 | -$0.79 | -$0.33 | -$0.11 |
| Investments | -$28.35 | $50.3 | -$7.57 | $55.86 |
| Total cash flows from investing | -$28.12 | $50.46 | -$7.9 | $55.75 |
| Financing activities | ||||
| Dividends paid | -$7.94 | -$7.94 | -$7.94 | -$7.92 |
| Sale and purchase of stock | $0.22 | $0.31 | $0.68 | |
| Net borrowings | -$300 | $300 | ||
| Total cash flows from financing | -$204.72 | $66.74 | -$251.39 | $347.7 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$237.42 | $134.05 | -$228.51 | $433.4 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $64.44 | $66.56 | $47.7 | $35.3 |
| Operating activities | ||||
| Depreciation | $3.52 | $3.76 | $4.07 | $4.7 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $2.4 | $3.18 | $2.52 | $2.25 |
| Total cash flows from operations | $73.01 | $69.85 | $56.85 | $58.09 |
| Investing activities | ||||
| Capital expenditures | -$1.67 | -$0.78 | -$0.25 | -$3.16 |
| Investments | $70.24 | -$669.3 | -$699.03 | $148.38 |
| Total cash flows from investing | $70.18 | -$669.49 | -$696.83 | $145.59 |
| Financing activities | ||||
| Dividends paid | -$31.74 | -$31.5 | -$31.27 | -$31.08 |
| Sale and purchase of stock | $1.22 | $2.05 | $1.47 | $1.71 |
| Net borrowings | -$0.73 | -$0.33 | ||
| Total cash flows from financing | -$41.67 | -$399.98 | $815.13 | $470.02 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $101.53 | -$999.61 | $175.14 | $673.7 |
News
Fundamentals
| Market cap | $500.18M |
|---|---|
| Enterprise value | $131.55M |
| Shares outstanding | 61.15M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | -18.07% |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 0.73 |
| Book/Share | 11.21 |
| Cash/Share | 6.67 |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | 6.72 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | N/A |
| Quick ratio | N/A |