Heritage Commerce Corp (NASDAQ: HTBK) is one of 207 publicly-traded companies in the “Commercial Banks” industry, but how does it weigh in compared to its rivals? We will compare Heritage Commerce Corp to similar companies based on the strength of its profitability, earnings, valuation, dividends, institutional ownership, risk and analyst recommendations.
This is a summary of recent ratings and recommmendations for Heritage Commerce Corp and its rivals, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Heritage Commerce Corp||0||1||1||0||2.50|
|Heritage Commerce Corp Competitors||383||2916||2382||70||2.37|
Heritage Commerce Corp currently has a consensus target price of $15.50, indicating a potential upside of 5.59%. As a group, “Commercial Banks” companies have a potential upside of 1.42%. Given Heritage Commerce Corp’s stronger consensus rating and higher possible upside, equities analysts plainly believe Heritage Commerce Corp is more favorable than its rivals.
Institutional and Insider Ownership
69.5% of Heritage Commerce Corp shares are owned by institutional investors. Comparatively, 46.5% of shares of all “Commercial Banks” companies are owned by institutional investors. 5.7% of Heritage Commerce Corp shares are owned by insiders. Comparatively, 11.6% of shares of all “Commercial Banks” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Heritage Commerce Corp pays an annual dividend of $0.40 per share and has a dividend yield of 2.7%. Heritage Commerce Corp pays out 54.8% of its earnings in the form of a dividend. As a group, “Commercial Banks” companies pay a dividend yield of 1.8% and pay out 35.7% of their earnings in the form of a dividend.
Earnings & Valuation
This table compares Heritage Commerce Corp and its rivals gross revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Heritage Commerce Corp||$104.01 million||N/A||20.11|
|Heritage Commerce Corp Competitors||N/A||N/A||25.26|
Heritage Commerce Corp is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
This table compares Heritage Commerce Corp and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Heritage Commerce Corp||25.75%||10.61%||1.07%|
|Heritage Commerce Corp Competitors||19.99%||8.39%||0.89%|
Volatility & Risk
Heritage Commerce Corp has a beta of 0.51, meaning that its share price is 49% less volatile than the S&P 500. Comparatively, Heritage Commerce Corp’s rivals have a beta of 0.74, meaning that their average share price is 26% less volatile than the S&P 500.
Heritage Commerce Corp beats its rivals on 9 of the 14 factors compared.
Heritage Commerce Corp Company Profile
Heritage Commerce Corp is a bank holding company. The Company, through its subsidiary Heritage Bank of Commerce (the Bank), provides a range of banking services. The Bank is a California state-chartered multi-community independent bank that offers a range of commercial banking services to small and medium-sized businesses and their owners, managers and employees. As of December 31, 2016, the Company operated through 11 service branch offices located 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. The Company’s subsidiary, CSNK Working Capital Finance Corp., doing business as Bay View Funding, provides business-essential working capital factoring financing to various industries across the United States. As of December 31, 2016, the Bank operated automated teller machines (ATMs) at five different locations.
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