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Heritage Commerce Corp HTBK

Morningstar Rating
$7.90 +0.05 (0.64%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HTBK is trading at a 23% discount.
Price
$7.86
Fair Value
$19.26
Uncertainty
Very High
1-Star Price
$21.32
5-Star Price
$6.92
Economic Moat
Tmcdl
Capital Allocation
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News

Trading Information

Previous Close Price
$7.85
Day Range
$7.867.98
52-Week Range
$6.6910.22
Bid/Ask
$3.19 / $10.22
Market Cap
$483.90 Mil
Volume/Avg
295,434 / 364,015

Key Statistics

Price/Earnings (Normalized)
7.46
Price/Sales
2.52
Dividend Yield (Trailing)
6.58%
Dividend Yield (Forward)
6.58%
Total Yield
6.58%

Company Profile

Heritage Commerce Corp operates as a bank holding company. The company, through its subsidiary, offers commercial banking services to small and medium-sized businesses and their owners, managers, and employees. It operates through two segments, namely Banking and Factoring. The bank generates its revenue from the Banking segment.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Value
Total Number of Employees
349

Comparables

Valuation

Metric
HTBK
CNOB
BFST
Price/Earnings (Normalized)
7.468.747.86
Price/Book Value
0.720.630.91
Price/Sales
2.522.622.10
Price/Cash Flow
7.516.257.02
Price/Earnings
HTBK
CNOB
BFST

Financial Strength

Metric
HTBK
CNOB
BFST
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
HTBK
CNOB
BFST
Return on Assets (Normalized)
1.24%0.93%1.04%
Return on Equity (Normalized)
10.12%8.36%12.43%
Return on Invested Capital (Normalized)
Return on Assets
HTBK
CNOB
BFST
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Banks - Regional Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNPQY
BNP Paribas ADRKjjhdjnQpdz$79.4 Bil
ISNPY
Intesa Sanpaolo ADRVqvzrgxzLwdw$64.0 Bil
USB
U.S. BancorpZlbrbryzYjcqc$61.5 Bil
PNC
PNC Financial Services Group IncMtnmdlnXvsxpcp$58.9 Bil
ITUB
Itau Unibanco Holding SA ADRZzzbxrzYxngs$54.8 Bil
MFG
Mizuho Financial Group Inc ADRClzntskyrJxjhh$48.8 Bil
TFC
Truist Financial CorpTbcrjfylyTfdqd$47.7 Bil
LYG
Lloyds Banking Group PLC ADRPmrmgnlnNgyqg$39.7 Bil
DB
Deutsche Bank AGVxtmQvqw$31.5 Bil
NWG
NatWest Group PLC ADRRjsdbDckv$29.5 Bil

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