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Heritage Commerce Corp (HTBK)

Financial Services | Banks - Regional | San Jose, United States |
USD

Short-term:★★★⯪☆Long-term:★★★★☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 9:12 a.m. UTC

The most critical development is the completed merger with CVB Financial Corp, which transforms this regional bank into a larger, more stable entity with significantly improved growth prospects. Fundamentally, the business is showing robust health with a 45% earnings surge and 18% revenue growth, while trading at a reasonable multiple relative to its sales and book value. The price history confirms a strong recovery trend over the last decade, moving from a low of $6.82 to current levels, indicating the market has already begun pricing in the turnaround. While the statistical forecast model suggests a flat, noisy path ahead, this is secondary to the clear structural improvement driven by the merger and strong operational metrics. The dividend yield is modest and stable, serving as a floor rather than a primary investment driver, but the capital allocation remains consistent. Overall, the convergence of a successful merger, accelerating earnings, and a solid historical rebound creates a compelling case for a medium-to-long-term hold.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.034251
AutoTheta0.034488
AutoETS0.034490
MSTL0.034634
MSTL_700.044970
MSTL_1260.048687
MSTL_70_1260.051159

Forecast horizon: 60 days | Selected: AutoARIMA

Forecast Reliability
Score 48%
H-stat 1.01
Ljung-Box p 0.000
Jarque-Bera p 0.101
Excess Kurtosis -1.35
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-03-25
Last Dividend Date 2026-03-25
Revenue per Share 3.186
Market Cap 828,429,632
Trailing P/E 17.24
Forward P/E 12.93
Beta 0.68
Profit Margins 24.45%
Website https://www.heritagecommercecorp.com

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.05% 6.05% 5.95% 5.30%
Dividend History
Date Dividend Yield %
2026-03-25 0.130 1.050930
2026-02-05 0.130 0.969426
2025-11-06 0.130 1.241643
2025-08-07 0.130 1.394850
2025-05-08 0.130 1.397849
2025-02-06 0.130 1.272016
2024-11-07 0.130 1.250000
2024-08-08 0.130 1.369863
2024-05-08 0.130 1.556886
2024-02-07 0.130 1.597052
2023-11-06 0.130 1.504630
2023-08-09 0.130 1.400862
2023-05-10 0.130 1.838755
2023-02-08 0.130 1.061224
2022-11-07 0.130 0.918728
2022-08-10 0.130 1.106383
2022-05-11 0.130 1.166966
2022-02-09 0.130 1.073493
2021-11-08 0.130 1.067323
2021-08-11 0.130 1.122625
2021-05-12 0.130 1.120690
2021-02-11 0.130 1.417666
2020-11-05 0.130 1.788171
2020-08-05 0.130 1.885424
2020-05-06 0.130 1.692708
2020-02-04 0.130 1.112062
2019-11-04 0.120 0.965406
2019-08-07 0.120 1.057269
2019-05-08 0.120 0.981194
2019-02-06 0.120 0.901578
2018-11-05 0.110 0.759144
2018-08-09 0.110 0.747791
2018-05-09 0.110 0.642899
2018-02-07 0.110 0.714750
2017-11-06 0.100 0.649351
2017-08-08 0.100 0.725163
2017-05-09 0.100 0.686813
2017-02-08 0.100 0.734754
2016-11-04 0.090 0.835655
2016-08-05 0.090 0.819672
2016-05-06 0.090 0.862069
2016-02-08 0.090 0.971922
2015-11-06 0.080 0.727935
2015-08-11 0.080 0.733945
2015-05-12 0.080 0.914286
2015-02-06 0.080 0.915332
2014-11-04 0.050 0.571429
2014-08-05 0.050 0.629723
2014-05-05 0.040 0.492611
2014-02-03 0.040 0.506329
2013-11-05 0.030 0.399467
2013-08-21 0.030 0.425532
2009-02-25 0.020 0.404040
2008-11-17 0.080 0.744186
2008-08-13 0.080 0.625978
2008-05-14 0.080 0.506329
2008-02-25 0.080 0.443705
2007-11-15 0.080 0.461627
2007-08-14 0.060 0.294840
2007-05-11 0.060 0.248653
2007-02-20 0.060 0.223464
2006-11-07 0.050 0.197941
2006-08-08 0.050 0.215332
2006-05-09 0.050 0.211775
2006-02-15 0.050 0.223214
2005-03-04 0.001 0.005285
Additional Data
dividendRate 0.52
dividendYield 0.0387
exDividendDate 2026-03-25
trailingAnnualDividendRate 0.52
trailingAnnualDividendYield Infinity
lastDividendValue 0.13
lastDividendDate 2026-03-25

Info Dump

Attribute Value
52 Week Change 0.50784755
Address1 224 Airport Parkway
All Time High 27.34
All Time Low 2.28
Ask 17.02
Ask Size 200
Audit Risk 3
Average Daily Volume10 Day 885,814
Average Volume 663,933
Average Volume10Days 885,814
Beta 0.683
Bid 9.73
Bid Size 200
Board Risk 3
Book Value 11.546
City San Jose
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Currency USD
Current Price 13.45
Date Short Interest 1,774,915,200
Day High 13.735
Day Low 13.21
Dividend Rate 0.52
Dividend Yield 0.0387
Earnings Growth 0.452
Earnings Quarterly Growth 0.423
Ebitda Margins 0.0
Enterprise To Revenue 1.276
Enterprise Value 249,677,664
Ex Dividend Date 1,774,396,800
Exchange NMS
Exchange Timezone Name UTC
Fifty Day Average 12.765
Fifty Two Week High 13.825
Fifty Two Week Low 8.73
Financial Currency USD
First Trade Date Epoch Utc 894,634,200
Five Year Avg Dividend Yield 5.09
Float Shares 60,831,991
Forward Eps 1.04
Forward P E 12.932693
Full Time Employees 342
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.0
Gross Profits 195,648,000
Held Percent Insiders 0.03031
Held Percent Institutions 0.82436997
Implied Shares Outstanding 61,593,284
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Last Dividend Date 1,774,396,800
Last Dividend Value 0.13
Last Fiscal Year End 1,767,139,200
Last Split Date 949,536,000
Last Split Factor 1.1:1
Long Business Summary 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. As of April 17, 2026, Heritage Commerce Corp operates as subsidiary of CVB Financial Corp.
Long Name Heritage Commerce Corp
Market Cap 828,429,632
Max Age 86,400
Message Board Id finmb_387809
Most Recent Quarter 1,767,139,200
Net Income To Common 47,830,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 828,429,669
Number Of Analyst Opinions 2
Open 13.22
Operating Cashflow 61,675,000
Operating Margins 0.45341998
Overall Risk 1
Payout Ratio 0.6667
Peg Ratio 1.5
Phone 408 947 6900
Previous Close 0.0
Price Hint 2
Price To Book 1.1649057
Price To Sales Trailing12 Months 4.2342863
Profit Margins 0.24447
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.75
Regular Market Day High 13.735
Regular Market Day Low 13.21
Regular Market Open 13.22
Regular Market Previous Close 0.0
Regular Market Volume 3,202,300
Return On Assets 0.00838
Return On Equity 0.06841
Revenue Growth 0.177
Revenue Per Share 3.186
Sand P52 Week Change 0.24487448
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 2
Shares Outstanding 61,593,284
Shares Percent Shares Out 0.0347
Shares Short 2,137,172
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 1,653,535
Short Name Heritage Commerce Corp
Short Percent Of Float 0.0357
Short Ratio 2.97
State CA
Symbol HTBK
Target High Price 15.0
Target Low Price 14.0
Target Mean Price 14.5
Target Median Price 14.5
Time Zone Full Name America/New_York
Time Zone Short Name EDT
Total Cash 647,027,968
Total Cash Per Share 10.505
Total Debt 68,276,000
Total Revenue 195,648,000
Tradeable 0
Trailing Annual Dividend Rate 0.52
Trailing Annual Dividend Yield Infinity
Trailing Eps 0.78
Trailing P E 17.24359
Trailing Peg Ratio None
Two Hundred Day Average 11.383025
Underlying Symbol HTBK
Uuid c59871d1-75f8-30d8-8f9a-8ee352099419
Volume 3,202,300
Website https://www.heritagecommercecorp.com
Zip 95,110