Stock Fundamentals

Company Information

Company Name
Heritage Commerce Corp
Sector
Financial Services
Industry
Banks - Regional
Exchange
NASDAQ
ISIN: US4269271098
CIK: 0001053352
CUSIP: 426927109
Currency: USD
Full Time Employees: 342
Phone: 408 947 6900
Fiscal Year End: December
IPO Date: Jul 30, 1998
Description:

Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. The company operates through two segments, Banking and Factoring. Its deposit products for business banking and retail markets include interest and non-interest-bearing demand, savings, and money market accounts, as well as certificates of deposit and time deposits. The company provides commercial loans for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial, industrial, and construction loans; small business administration loans; home equity lines of credit; multifamily loans on residential properties; residential mortgage loans; and consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes. In addition, the company offers other banking services, including cashier's checks, bank by mail, night depositories, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer, online bill pay, homeowner association, mobile and remote deposit capture, automated clearing house origination, electronic data interchange, and check imaging services, as well as other customary banking, factoring financing, and electronic banking services. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California.

Address:

224 Airport Parkway, San Jose, CA, United States, 95110

Directors & Officers

Name Title Year Born
Mr. Robertson Jones Jr. President, CEO & Director 1972
Mr. Thomas A. Sa CPA Executive VP & COO 1962
Ms. Deborah K. Reuter Non-Executive Employee Advisor 1955
Ms. Susan S. Just Executive VP & Chief Credit Officer of Heritage Bank of Commerce 1967
Mr. Dustin M. Warford Executive VP & Chief Banking Officer of Heritage Bank of Commerce 1981
Mr. Seth Fonti Executive VP & Chief Financial Officer 1981
Ms. Jeannie Tam Senior Vice President and Chief Accounting Officer 1982
Mr. Michael V. Hansen Senior Vice President of Corporate Finance Division NA
Mr. Sachin Vaidya Executive VP & Chief Information Officer NA
Ms. Janisha Sabnani Executive VP, General Counsel & Corporate Secretary 1984

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 8.21M Sep 30, 2025 13.34% $0.00 3.60%
JPMorgan Chase & Co 3.77M Sep 30, 2025 6.12% $0.00 104.89%
Vanguard Group Inc 3.44M Dec 31, 2025 5.59% $0.00 -12.74%
Dimensional Fund Advisors, Inc. 3.27M Dec 31, 2025 5.32% $0.01 -3.33%
State Street Corp 2.21M Sep 30, 2025 3.59% $0.00 17.61%
Boston Partners Global Investors, Inc 1.68M Sep 30, 2025 2.72% $0.02 52.06%
HoldCo Asset Management, L.P. 1.62M Sep 30, 2025 2.64% $1.70 0.00%
Geode Capital Management, LLC 1.58M Sep 30, 2025 2.56% $0.00 0.72%
First Trust Capital Management L.P. 1.55M Dec 31, 2025 2.52% $1.13 0.00%
Balyasny Asset Management LLC 1.30M Dec 31, 2025 2.11% $0.02 0.00%
Manufacturers Life Insurance Co 1.24M Dec 31, 2025 2.01% $0.01 -2.40%
The Goldman Sachs Group Inc 1.07M Sep 30, 2025 1.73% $0.00 -6.41%
American Century Companies Inc 1.06M Dec 31, 2025 1.72% $0.01 -1.71%
Kennedy Capital Management Inc 1.00M Dec 31, 2025 1.63% $0.26 19.96%
Hotchkis & Wiley Capital Management LLC 969.47K Dec 31, 2025 1.57% $0.03 -1.04%
Rhino Investment Partners, Inc. 795.18K Sep 30, 2025 1.29% $2.49 29.89%
ARP AMERICAS LLC 740.09K Dec 31, 2025 1.20% $1.39 904.19%
AQR Capital Management LLC 684.82K Sep 30, 2025 1.11% $0.00 48.24%
AllianceBernstein L.P. 678.25K Sep 30, 2025 1.10% $0.00 57.46%
Nuveen, LLC 666.40K Dec 31, 2025 1.08% $0.00 -10.81%

Shares Statistics

Shares Outstanding: 61.56M
Shares Float: 59.70M
% Insiders: 306.40%
% Institutions: 8,277.80%
Short % Float: 2.76%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 BlackRock Inc 8.21M 13.34% ▲ 3.60% Sep 30, 2025
2 JPMorgan Chase & Co 3.77M 6.12% ▲ 104.89% Sep 30, 2025
3 Vanguard Group Inc 3.44M 5.59% ▼ 12.74% Dec 31, 2025
4 Dimensional Fund Advisors, Inc. 3.27M 5.32% ▼ 3.33% Dec 31, 2025
5 State Street Corp 2.21M 3.59% ▲ 17.61% Sep 30, 2025
6 Boston Partners Global Investors, Inc 1.68M 2.72% ▲ 52.06% Sep 30, 2025
7 HoldCo Asset Management, L.P. 1.62M 2.64% ▲ 0.00% Sep 30, 2025
8 Geode Capital Management, LLC 1.58M 2.56% ▲ 0.72% Sep 30, 2025
9 First Trust Capital Management L.P. 1.55M 2.52% ▲ 0.00% Dec 31, 2025
10 Balyasny Asset Management LLC 1.30M 2.11% ▲ 0.00% Dec 31, 2025

Valuation Metrics

Enterprise Value: $170.84M
Trailing P/E: 15.55
Forward P/E: 11.05

Financial Highlights

Market Cap: $746.72M
P/E Ratio: $15.55
PEG Ratio: $1.50
Book Value: $11.55
Dividend/Share: $0.52
Dividend Yield: 4.27%
Earnings/Share: $0.78
Profit Margin: 24.45%
Operating Margin: 45.34%
ROA (TTM): 0.84%
ROE (TTM): 6.84%
Revenue (TTM): $195.65M
Revenue/Share (TTM): $3.19
Earnings Growth (YOY): 45.20%
Revenue Growth (YOY): 17.70%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 0.27x 0.00x 0.88x 0.95x 0.00x
2024-12-31 0.25x 0.06x 0.88x 0.72x 0.66x
2023-12-31 0.19x 0.07x 0.87x 1.77x 510.55x
2022-12-31 9.25x 0.06x 0.88x 10.55x 0.40x
2021-12-31 14.96x 0.07x 0.89x 9.24x 0.57x
2020-12-31 14.59x 0.07x 0.88x 5.72x 0.74x
2019-12-31 0.27x 0.07x 0.86x 5.19x 0.67x
2018-12-31 41.33x 0.11x 0.88x 6.22x 0.77x
2017-12-31 39.86x 0.29x 0.90x 9.34x 1.49x
2016-12-31 0.27x 0.00x 0.90x 13.69x 0.01x
2015-12-31 0.36x 0.01x 0.90x 10.98x 0.11x
2014-12-31 0.25x 0.02x 0.89x 9.74x 0.14x
2013-12-31 0.32x 0.00x 0.88x 6.83x 0.00x
2012-12-31 0.51x 0.05x 0.90x 3.68x 0.56x
2011-12-31 0.46x 0.12x 0.85x 1.79x 2.00x
2010-12-31 0.11x 0.17x 0.85x -5.86x -0.52x
2009-12-31 0.08x 0.40x 0.87x -1.51x -2.96x
2008-12-31 0.05x 0.70x 0.88x 0.02x 60.20x
2007-12-31 0.07x 0.57x 0.88x 0.82x 4.01x
2006-12-31 0.08x 0.46x 0.88x 1.18x 2.08x
2005-12-31 0.08x 0.70x 0.90x 1.37x 3.29x
2004-12-31 0.07x 0.57x 0.91x 1.21x 3.99x
2003-12-31 0.08x 0.48x 0.91x 1.13x 3.14x
2002-12-31 0.08x 0.28x 0.89x 0.70x 1.81x
2001-12-31 0.06x 0.25x 0.90x 0.48x 1.52x
2000-12-31 0.07x 0.21x 0.91x 0.34x 1.38x
1999-12-31 0.05x 0.00x 0.92x 0.47x 0.00x
1998-12-31 0.07x 0.00x 0.92x 0.48x 0.00x
1997-12-31 0.18x 0.00x 0.92x 0.57x 0.00x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Aug 01, 2025 Thomas A Sa N/A Purchase 20.00K $9.25 $185.00K

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