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Heritage Commerce Corp  (HTBK)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $7.5100 $0.23 3.159%
Day's High: $7.65 Week Perf: -1.18 %
Day's Low: $ 7.27 30 Day Perf: -7.85 %
Volume (M): 269 52 Wk High: $ 14.87
Volume (M$): $ 2,022 52 Wk Avg: $11.31
Open: $7.36 52 Wk Low: $6.69



 Market Capitalization (Millions $) 458
 Shares Outstanding (Millions) 61
 Employees 260
 Revenues (TTM) (Millions $) 200
 Net Income (TTM) (Millions $) 73
 Cash Flow (TTM) (Millions $) -477
 Capital Exp. (TTM) (Millions $) 1

Heritage Commerce Corp
Heritage Commerce Corp, a California corporation organized in 1997, is a bank holding company registered under the Bank Holding Company Act of 1956, as amended. We provide a wide range of banking services through Heritage Bank of Commerce, our wholly-owned subsidiary. Heritage Bank of Commerce is a California state-chartered bank headquartered in San Jose, California and has been conducting business since 1994.

Heritage Bank of Commerce is a multi-community independent bank that offers a full range of commercial banking services to small and medium-sized businesses and their owners, managers and employees. We operate through 11 full service branch offices located entirely in the southern and eastern regions of the general San Francisco Bay Area of California in the counties of Santa Clara, Alameda, Contra Costa, and San Benito. Our market includes the headquarters of a number of technology based companies in the region commonly known as "Silicon Valley."



   Company Address: 224 Airport Parkway San Jose 95110 CA
   Company Phone Number: 947-6900   Stock Exchange / Ticker: NASDAQ HTBK
   HTBK is expected to report next financial results on August 03, 2023.


Customers Net Income fell by HTBK's Customers Net Profit Margin fell to

-57.07 %

9.9 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK        5.82% 
BPOP        1.87% 
CFG   -2.01%    
FCNCA   -1.77%    
MTB        3.67% 
NTRS        4.74% 
• View Complete Report
   



Bm Technologies Inc

A consolidating times for the Regional Banks company in the first quarter of 2023 earnings season

Despite reporting a disappointing deficit in the first quarter of 2023, BM Technologies Inc is a promising company with a bright future. The company's current financial performance is just a snapshot in time, and investors should take a longer-term view when evaluating BM Technologies Inc's investment potential.
One reason for investors to remain bullish on the company is its strong revenue growth potential. While the company did not generate any revenue in the first quarter of 2023, it should not detract from the fact that BM Technologies Inc has a solid business model with the potential to generate significant revenue in the future. Additionally, the company's revenue remained unscathed from the comparable quarter a year before, indicating that it has maintained a stable position in the market despite volatile market conditions.

Quaint Oak Bancorp Inc

Very demanding times at the Regional Banks company all along the first quarter of 2023

Quaint Oak Bancorp Inc, a bank holding company that provides various banking services in the United States, witnessed a significant decline in its first-quarter earnings per share (EPS) and profits. For the first quarter of 2023, the company's EPS decreased by -76.19% to $0.25 per share, from $1.05 a year before. Similarly, profit plummeted by -54.27% from $0.55 per share in the previous reporting period.
The company's revenue also experienced an extensive decline of -19.509% to $8.30 million from $10.31 million in the comparable financial reporting period a year before. Sequentially, revenue decreased by -5.716% from $8.80 million. The company's net income of $0.449 million in the first quarter of 2023 fell by -86.24% from $3.264 million in the corresponding period a year before.

Texas Community Bancshares Inc

The company declared devastating revenue slide, all along the first quarter of 2023

Texas Community Bancshares Inc, a banking company operating in the state of Texas, seems to be headed towards a rough patch. The company has recently reported a sharp decline in its revenue and earnings per share, coupled with a net deficit of over $1 million. These alarming figures are a cause for concern among stakeholders and investors, who have every reason to question the company's long-term sustainability.
The financial span ending March 31, 2023, saw Texas Community Bancshares Inc record a dismal $0.33 deficit per share, as opposed to $0.13 per share in the previous year. This represents a significant loss making trend and highlights the company's inability to generate profits for its shareholders. The earnings per share, which stood at $0.13 in the preceding financial reporting period, nosedived to a negative figure this year, posing a threat to shareholder value and confidence.

Embassy Bancorp Inc

Deterioration in Income per Share by -10.71 % at the Embassy Bancorp Inc in the fiscal span ending March 31 2023

Despite a slight increase in revenue of 0.393%, Embassy Bancorp Inc was unable to prevent a reduction in income of -10.71%, as reported in the fiscal span ending March 31, 2023. However, this should not be seen as a sign of weakness, but rather an opportunity for investors to take advantage of the company's current position.
Despite the decrease in income, Embassy Bancorp Inc remains a strong player in the industry, with revenue at $11.51 million and EPS at $0.50. While these numbers pale in comparison to the previous reporting season, it is important to remember that the whole industry was hit hard by the pandemic, and most companies are still struggling to recover from the economic downturn.

Provident Bancorp Inc

Confronting the obstacles, the PVBC amid the most recent fiscal period

The financial first quarter of 2023 has been a rough period for Provident Bancorp Inc, with both their top and bottom-line experiencing a significant decline. The company's income per share plunged by -59.38%, while revenue also decreased by -16.585% year on year. Revenue was at $15.98 million, compared to $19.16 million in the corresponding period a year before. Earnings per share saw a considerable drop from $0.32 to $0.13 in Q1 2023.
The company has also witnessed a decline from the preceding fiscal period, where income fell by -20.49% from $0.16 per share, and revenue slumped by -26.181% from $21.65 million. Net earnings in the financial first quarter of 2023 experienced a quite significant drop by -61.94% from $5.525 million in the year before.






 

Heritage Commerce's Segments
 
 
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