HTBK
Financial ServicesHeritage Commerce Corp · Banks - Regional · $830M
What is Heritage Commerce Corp?
Heritage Commerce Corp is the holding company for Heritage Bank of Commerce, a California-focused community bank serving businesses, professionals, and residents across the San Francisco Bay Area and surrounding markets through 17 full-service branch offices.
Heritage Bank of Commerce generates revenue primarily through traditional banking activities — taking in deposits and deploying capital into commercial loans, real estate loans, and consumer lending. The bank targets small and mid-sized businesses, offering working capital lines, equipment financing, SBA loans, and commercial real estate financing alongside a full suite of personal banking products.
Founded in 1998 and headquartered in San Jose, California, Heritage Commerce Corp has built its franchise around relationship-based banking for local businesses and communities.
- Commercial and small business loans (including SBA lending)
- Commercial real estate and construction financing
- Business and personal deposit accounts
- Electronic banking and treasury management services
Is HTBK a Good Stock to Buy?
UQS Score rates HTBK as Below Average overall, reflecting meaningful headwinds across several key pillars.
The Quality pillar stands out as the relative bright spot, suggesting the bank maintains reasonable operational discipline. Valuation is rated Attractive, meaning the stock may be priced modestly relative to its fundamentals — a potential point of interest for value-oriented investors.
Moat, Growth, and Risk are all rated Weak, signaling limited competitive differentiation, subdued growth prospects, and elevated risk factors that weigh on the overall composite score.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does HTBK pay dividends?
Yes — Heritage Commerce Corp pays a dividend.
Heritage Commerce Corp pays a regular dividend, which is relatively common among community banks that generate steady net interest income. For income-focused investors, the dividend adds a tangible return component. The bank's ability to sustain payouts depends on continued earnings stability and regulatory capital requirements.
When does HTBK report earnings?
Heritage Commerce Corp reports earnings on a quarterly cadence, consistent with standard practice for US-listed bank holding companies.
Community banks like Heritage Commerce are sensitive to interest rate movements, credit quality trends, and loan demand cycles. These factors shape quarterly results and can drive meaningful swings in net interest margin and provision expenses.
For the most recent quarter's results and upcoming reporting dates, visit Heritage Commerce Corp's investor relations page directly.
HTBK Price History
+45.9% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Heritage Commerce Corp?
Based on Heritage Commerce Corp's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
HTBK Long-term Outlook
With Growth and Risk both rated Weak, the near-term fundamental outlook for HTBK carries notable uncertainty. Community banks face headwinds from a competitive deposit environment and potential credit normalization. The Attractive Valuation rating suggests the market may already be pricing in these challenges, but a re-rating would likely require improvement in growth or risk metrics.
Growth drivers
- Potential loan growth tied to Bay Area commercial activity
- Disciplined deposit gathering supporting net interest income
- SBA and specialty lending as a differentiated revenue stream
Key risks
- Weak Moat rating reflects limited pricing power versus larger regional banks
- Elevated Risk pillar signals credit quality and interest rate sensitivity concerns
- Small-cap community banks face ongoing deposit competition and margin pressure
HTBK vs Peers
Heritage Commerce Corp competes in the community and regional banking space alongside several similarly sized institutions.
First Community Bankshares operates primarily in the Mid-Atlantic and Southeast, giving it a different geographic footprint and exposure to distinct regional economic cycles.
NB Bancorp is a newer publicly traded community bank focused on the New England market, representing a different regional banking model.
Hanmi Financial targets Korean-American business communities across multiple US states, differentiating through ethnic community banking and a broader multi-state presence.
Frequently Asked Questions
What does Heritage Commerce Corp do?
Heritage Commerce Corp is the holding company for Heritage Bank of Commerce, a California community bank. It provides commercial loans, real estate financing, SBA lending, and personal banking services to businesses and residents primarily in the San Francisco Bay Area through 17 branch offices.
Does HTBK pay dividends?
Yes, Heritage Commerce Corp pays a regular dividend. Community banks with stable net interest income often return capital to shareholders this way. Investors should monitor the bank's earnings and capital ratios, as dividend sustainability depends on ongoing profitability and regulatory requirements.
When does HTBK report earnings?
Heritage Commerce Corp follows a standard quarterly earnings cadence for US-listed bank holding companies. For exact reporting dates and the most recent results, check the investor relations section of the company's official website.
Is HTBK a good stock to buy?
UQS Score rates HTBK as Below Average overall. While the Quality pillar is rated Good and Valuation is Attractive, the Moat, Growth, and Risk pillars are all rated Weak. Whether that profile fits your investment criteria depends on your risk tolerance and time horizon. See the full breakdown on UQS Score.
Is HTBK overvalued?
The UQS Valuation pillar for HTBK is rated Attractive, suggesting the stock is not considered overvalued relative to its fundamentals at current levels. However, an attractive price alone does not offset the Weak ratings in Growth and Risk — context across all pillars matters.
How does HTBK compare to its competitors?
HTBK competes with other community and regional banks including First Community Bankshares, NB Bancorp, and Hanmi Financial. Each operates in different geographies and serves distinct customer segments. UQS Score provides side-by-side pillar comparisons for Pro members to evaluate these differences systematically.
What is HTBK's market cap bracket?
Heritage Commerce Corp is classified as a small-cap company. Small-cap community banks can offer localized market exposure but typically carry higher liquidity risk and greater sensitivity to regional economic conditions compared to large or mega-cap financial institutions.
Who founded Heritage Commerce Corp?
Heritage Commerce Corp was founded in 1998. Detailed founding history, including the names of original founders, is publicly available through the company's official disclosures and investor relations materials.
Is HTBK a long-term quality indicator?
As a long-term quality indicator, HTBK's UQS profile is mixed. The Good Quality rating suggests reasonable operational fundamentals, but Weak Moat and Weak Growth ratings raise questions about durable competitive advantage and earnings expansion over time. Pro members can access the full metric detail to assess long-term positioning.
What is the main competitive advantage of Heritage Commerce Corp?
Heritage Bank of Commerce focuses on relationship-based banking for Bay Area businesses and professionals — a model that can foster customer loyalty. However, the UQS Moat pillar is rated Weak, indicating this advantage may not be sufficiently durable or differentiated relative to peers in the current competitive environment.
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Pro Analysis
HTBK — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 46.5 | 65.5 | 18.0 | 37.9 | 36.4 | 83.7 | -0.1 |
| May 9, 2026 | 46.6 | 65.5 | 18.0 | 37.9 | 36.4 | 84.8 | +0.2 |
| May 1, 2026 | 46.4 | 65.5 | 18.0 | 37.9 | 36.4 | 83.4 | +0.2 |
| Apr 25, 2026 | 46.2 | 65.5 | 18.0 | 37.9 | 36.4 | 82.2 | -0.3 |
| Apr 21, 2026 | 46.5 | 65.5 | 18.0 | 37.9 | 36.4 | 83.7 | +0.1 |
| Apr 20, 2026 | 46.4 | 65.5 | 18.0 | 37.9 | 36.4 | 83.5 | -0.1 |
| Apr 19, 2026 | 46.5 | 65.5 | 18.0 | 38.1 | 36.4 | 83.9 | -0.1 |
| Apr 18, 2026 | 46.6 | 65.5 | 18.0 | 38.1 | 36.4 | 84.1 | -1.0 |
| Apr 16, 2026 | 47.6 | 65.9 | 18.0 | 38.1 | 36.4 | 90.2 | +0.1 |
| Apr 15, 2026 | 47.5 | 65.7 | 18.0 | 38.1 | 36.4 | 90.2 | 0.0 |
HTBK — Pillar Breakdown
Quality
— 65.5/100 (25%)Heritage Commerce Corp shows solid profitability with healthy returns on capital and reasonable margins.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 37.9/100 (20%)Heritage Commerce Corp shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 36.4/100 (15%)Heritage Commerce Corp has some risk factors including moderate leverage or solvency concerns.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 83.7/100 (15%)Heritage Commerce Corp appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 18/100 (25%)Heritage Commerce Corp operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for HTBK.
Score Composition
Financial Data
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How is the HTBK UQS Score Calculated?
The UQS (Unified Quality Score) for Heritage Commerce Corp is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Heritage Commerce Corp's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Heritage Commerce Corp is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.