Heritage Commerce Corp financial data

Symbol
HTBK on Nasdaq
Industry
State Commercial Banks
Location
224 Airport Parkway, San Jose, CA
State of incorporation
CA
Fiscal year end
December 31
Latest financial report
Mar 10, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 695 % -2.58%
Return On Equity 5.94 % -39.3%
Return On Assets 0.75 % -38.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 61.4M shares +0.45%
Common Stock, Shares, Outstanding 61.3M shares +0.33%
Entity Public Float 413M USD +3.25%
Common Stock, Value, Issued 510M USD +0.7%
Weighted Average Number of Shares Outstanding, Basic 61.3M shares +0.33%
Weighted Average Number of Shares Outstanding, Diluted 61.5M shares +0.35%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.56M USD -18%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 56.7M USD -37.3%
Income Tax Expense (Benefit) 16.1M USD -37.8%
Net Income (Loss) Attributable to Parent 40.5M USD -37.1%
Earnings Per Share, Basic 0.66 USD/shares -37.7%
Earnings Per Share, Diluted 0.66 USD/shares -37.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net 10.1M USD +2.87%
Operating Lease, Right-of-Use Asset 30.6M USD -3.5%
Goodwill 168M USD 0%
Assets 5.65B USD +8.68%
Liabilities 4.96B USD +9.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -8.11M USD +36.3%
Retained Earnings (Accumulated Deficit) 188M USD +4.84%
Stockholders' Equity Attributable to Parent 690M USD +2.5%
Liabilities and Equity 5.65B USD +8.68%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 7.34M USD -75.5%
Net Cash Provided by (Used in) Financing Activities 58.6M USD -83.1%
Net Cash Provided by (Used in) Investing Activities 67.3M USD +20.6%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 61.3M shares +0.33%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 133M USD -69.3%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 968M USD +137%
Interest Paid, Excluding Capitalized Interest, Operating Activities 16.4M USD +189%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 42.3M USD -5.72%
Operating Lease, Liability 30.6M USD -3.5%
Payments to Acquire Property, Plant, and Equipment 429K USD +280%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 45.2M USD -34.2%
Lessee, Operating Lease, Liability, to be Paid 35.4M USD -3.62%
Property, Plant and Equipment, Gross 29.4M USD +6.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.6M USD +5.18%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.15M USD +7.27%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +20.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.8M USD -4.38%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.38M USD +12%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.78M USD +4.09%
Operating Lease, Payments 6.94M USD +3.61%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 553K USD -8.14%
Deferred Tax Assets, Net of Valuation Allowance 26.4M USD -13.7%
Interest Expense 61.5M USD +331%