Heritage Commerce Corp financial data

Symbol
HTBK on Nasdaq
Location
224 Airport Parkway, San Jose, CA
State of incorporation
CA
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 684 % -5.7%
Return On Equity 6.37 % -42.5%
Return On Assets 0.81 % -39.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 61.3M shares +0.33%
Common Stock, Shares, Outstanding 61.3M shares +0.32%
Entity Public Float 400M USD -21.2%
Common Stock, Value, Issued 509M USD +0.68%
Weighted Average Number of Shares Outstanding, Basic 61.3M shares +0.33%
Weighted Average Number of Shares Outstanding, Diluted 61.5M shares +0.18%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.51M USD -33.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 60.4M USD -40.5%
Income Tax Expense (Benefit) 17.2M USD -41.9%
Net Income (Loss) Attributable to Parent 43.2M USD -39.9%
Earnings Per Share, Basic 0.71 USD/shares -40.3%
Earnings Per Share, Diluted 0.7 USD/shares -40.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net 10.4M USD +7.12%
Operating Lease, Right-of-Use Asset 31.9M USD -0.21%
Goodwill 168M USD 0%
Assets 5.55B USD +2.74%
Liabilities 4.87B USD +2.63%
Accumulated Other Comprehensive Income (Loss), Net of Tax -8.89M USD +49.1%
Retained Earnings (Accumulated Deficit) 185M USD +6.57%
Stockholders' Equity Attributable to Parent 685M USD +3.54%
Liabilities and Equity 5.55B USD +2.74%

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 +0.32%
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 956M USD +48.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 16.4M USD +189%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 44.9M USD -6.1%
Operating Lease, Liability 31.9M USD -0.21%
Payments to Acquire Property, Plant, and Equipment 429K USD +280%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 51.8M USD -35%
Lessee, Operating Lease, Liability, to be Paid 37.1M USD -0.4%
Property, Plant and Equipment, Gross 27.7M USD +7.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.6M USD +9.39%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.15M USD +8.59%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.23M USD -1.54%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.38M USD +17.2%
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 +9.29%
Operating Lease, Payments 6.84M USD +8.95%
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%