HTBK · Heritage Commerce Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $898.0K | $929.0K | $892.0K | - | $908.0K | $891.0K | $877.0K | - | $859.0K |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | $20.56M | $8.93M | $16.33M | - | $14.45M | $13.07M | $14.42M | - | $22.25M |
| Interest Expense | - | - | - | - | - | - | - | $17.46M | - | $15.42M |
| Income Tax | - | $5.87M | $2.54M | $4.70M | - | $3.94M | $3.84M | $4.25M | - | $6.45M |
| Net Income | - | $14.70M | $6.39M | $11.63M | - | $10.51M | $9.23M | $10.17M | - | $15.79M |
| EPS - Basic | - | $0.24 | $0.10 | $0.19 | - | $0.17 | $0.15 | $0.17 | - | $0.26 |
| EPS - Diluted | - | $0.24 | $0.10 | $0.19 | - | $0.17 | $0.15 | $0.17 | - | $0.26 |
Balance Sheet
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $647.03M | $747.74M | $721.79M | $745.05M | $968.12M | $956.31M | $648.26M | $541.36M | $408.13M | $645.55M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $5.76B | $5.62B | $5.47B | $5.51B | $5.65B | $5.55B | $5.26B | $5.26B | $5.19B | $5.40B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $5.06B | $4.92B | $4.77B | $4.82B | $4.96B | $4.87B | $4.58B | $4.58B | $4.52B | $4.74B |
| Stockholders' Equity | $708.57M | $700.01M | $694.70M | $696.19M | $689.73M | $685.35M | $679.20M | $676.30M | $672.90M | $661.93M |
| Retained Earnings | $203.68M | $196.53M | $189.79M | $191.40M | $187.76M | $185.11M | $182.57M | $181.31M | $179.09M | $173.71M |
Cash Flow
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | $14.83M | - | - | - | $7.34M | - | - |
| Investing Cash Flow | - | - | - | ($94.14M) | - | - | - | $67.26M | - | - |
| Financing Cash Flow | - | - | - | ($143.76M) | - | - | - | $58.63M | - | - |
| CapEx | - | - | - | - | - | - | - | $429.0K | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | $6.91M | - | - |
Ratios
| Metric | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | 2289.9% | 961.4% | 1830.3% | - | 1591.1% | 1467.1% | 1644.2% | - | 2590.1% |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | 1636.7% | 687.7% | 1303.4% | - | 1157.2% | 1036.4% | 1159.2% | - | 1838.8% |
| Free cash flow margin | - | - | - | - | - | - | - | 787.8% | - | - |
| FCF / Net income | - | - | - | - | - | - | - | 0.68 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | 28.5% | 28.5% | 28.8% | - | 27.3% | 29.4% | 29.5% | - | 29.0% |
| Return on assets | - | 0.3% | 0.1% | 0.2% | - | 0.2% | 0.2% | 0.2% | - | 0.3% |
| Return on equity | - | 2.1% | 0.9% | 1.7% | - | 1.5% | 1.4% | 1.5% | - | 2.4% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | 0.8x | - | 1.4x |
| Equity multiplier | 8.14 | 8.03 | 7.87 | 7.92 | 8.18 | 8.10 | 7.75 | 7.77 | 7.72 | 8.16 |
| Liabilities / Assets | 0.88 | 0.88 | 0.87 | 0.87 | 0.88 | 0.88 | 0.87 | 0.87 | 0.87 | 0.88 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 | - | 0.00 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | 41.4x | 99.3x | 50.1x | - | 58.1x | 58.0x | 50.5x | - | 32.6x |
| P / B | - | 0.9x | 0.9x | 0.8x | - | 0.9x | 0.8x | 0.8x | - | 0.8x |
| P / S | - | 681.4x | 658.7x | 658.6x | - | 669.7x | 599.9x | 601.4x | - | 605.8x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | -1.1% | 4.3% | 1.7% | - | 5.7% | -1.1% | -49.7% | - | 47.1% |
| Revenue CAGR (3y) | - | 15.4% | 2.3% | 13.4% | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | -4.6% | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | 42.3% | -31.7% | 13.2% | - | -35.1% | -43.5% | -45.8% | - | -14.2% |
| Net income growth (YoY) | - | 39.9% | -30.8% | 14.4% | - | -33.5% | -43.7% | -46.3% | - | -12.6% |
| EPS growth (YoY) | - | 41.2% | -33.3% | 11.8% | - | -34.6% | -44.4% | -45.2% | - | -13.3% |
| EPS CAGR (3y) | - | -7.2% | -25.3% | -3.3% | - | -9.6% | 0.0% | -3.6% | - | 11.0% |
| EPS CAGR (5y) | - | 4.8% | -11.1% | 44.7% | - | -8.1% | -10.4% | -9.5% | - | -1.5% |
| FCF growth (YoY) | - | - | - | - | - | - | - | -76.9% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | -11.8% | - | - |
| Book value growth (YoY) | 2.7% | 2.1% | 2.3% | 2.9% | 2.5% | 3.5% | 3.9% | 4.5% | 6.4% | 8.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$2.49M totalService Charges And Fees On Deposit Accounts$2.49M · 100.0%
Peer comparison
Same SIC group: State Commercial Banks
Comparing HERITAGE COMMERCE CORP against the 5 most active filers in the same SIC group.
Dividends
$0.52/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 25, 2026 | $0.1300 |
| Feb 5, 2026 | $0.1300 |
| Nov 6, 2025 | $0.1300 |
| Aug 7, 2025 | $0.1300 |
| May 8, 2025 | $0.1300 |
| Feb 6, 2025 | $0.1300 |
| Nov 7, 2024 | $0.1300 |
| Aug 8, 2024 | $0.1300 |
| May 8, 2024 | $0.1300 |
| Feb 7, 2024 | $0.1300 |
| Nov 6, 2023 | $0.1300 |
| Aug 9, 2023 | $0.1300 |
| May 10, 2023 | $0.1300 |
| Feb 8, 2023 | $0.1300 |
| Nov 7, 2022 | $0.1300 |
| Aug 10, 2022 | $0.1300 |
| May 11, 2022 | $0.1300 |
| Feb 9, 2022 | $0.1300 |
| Nov 8, 2021 | $0.1300 |
| Aug 11, 2021 | $0.1300 |
| May 12, 2021 | $0.1300 |
| Feb 11, 2021 | $0.1300 |
| Nov 5, 2020 | $0.1300 |
| Aug 5, 2020 | $0.1300 |