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 - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 685 % -7.82%
Return On Equity 7.21 % -38.2%
Return On Assets 0.92 % -34%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 61.3M shares +0.33%
Common Stock, Shares, Outstanding 61.3M shares +0.33%
Entity Public Float 400M USD -21.2%
Common Stock, Value, Issued 508M USD +0.65%
Weighted Average Number of Shares Outstanding, Basic 61.3M shares +0.4%
Weighted Average Number of Shares Outstanding, Diluted 61.4M shares +0.28%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.47M USD -40.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 68.2M USD -35.1%
Income Tax Expense (Benefit) 19.7M USD -36.4%
Net Income (Loss) Attributable to Parent 48.5M USD -34.6%
Earnings Per Share, Basic 0.8 USD/shares -35%
Earnings Per Share, Diluted 0.79 USD/shares -35.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net 10.3M USD +12.1%
Operating Lease, Right-of-Use Asset 32.5M USD -2.4%
Goodwill 168M USD 0%
Assets 5.26B USD -0.92%
Liabilities 4.58B USD -1.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -11.7M USD +32.1%
Retained Earnings (Accumulated Deficit) 183M USD +10.1%
Stockholders' Equity Attributable to Parent 679M USD +3.91%
Liabilities and Equity 5.26B USD -0.92%

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 648M USD +26.7%
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 32.5M USD -2.4%
Payments to Acquire Property, Plant, and Equipment 429K USD +280%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 54.1M USD -25.8%
Lessee, Operating Lease, Liability, to be Paid 38.3M USD -1.24%
Property, Plant and Equipment, Gross 27.7M USD +7.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.49M USD +8.55%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.03M USD +8.07%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.87M USD +5.75%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.27M USD +15.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.67M USD +7.15%
Operating Lease, Payments 6.75M USD +15.4%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 553K USD -8.14%
Deferred Tax Assets, Net of Valuation Allowance 28.1M USD -11%
Interest Expense 61.5M USD +331%