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HERITAGE COMMERCE CORP (HTBK) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $11.89 Metrics
OS: 61.0 M
Market cap: $725 M

 
TTM Valuation
EPS
BVPS $10.62 1.12 x P/B

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Jun-30-18Dec-31-17Jun-30-17Dec-31-16
Revenues158.9138.6141.2124.264.8111.055.4101.6
            Revenue growth14.7%-1.9%13.7%11.8%17.0%9.3% 19.2%
Cost of goods sold60.958.957.449.224.640.318.737.8
Gross profit98.079.683.875.040.270.736.763.8
            Gross margin61.7%57.5%59.4%60.4%62.1%63.7%66.2%62.8%
Selling, general and administrative    2.8 4.0 
General and administrative8.08.16.13.9 4.5 4.8
EBITA66.750.056.248.637.550.232.744.2
            EBITA margin42.0%36.1%39.8%39.2%57.8%45.2%59.0%43.5%
Amortization of intangibles3.03.82.71.9 1.4 1.6
EBIT63.746.353.446.737.548.832.742.6
            EBIT margin40.1%33.4%37.8%37.6%57.8%44.0%59.0%42.0%
Pre-tax income65.949.156.348.712.950.322.544.0
Income taxes18.213.815.913.33.226.58.516.6
            Tax rate27.6%28.1%28.1%27.4%24.8%52.6%37.8%37.7%
Net income47.735.340.535.30.023.80.024.6
            Net margin30.0%25.5%28.7%28.5%0.0%21.5%0.0%24.2%
 
Diluted EPS$0.79$0.59$0.84$0.84$0.00$0.62$0.00$0.72
Shares outstanding (diluted)60.760.247.942.240.738.638.534.2
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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