Heritage CommerceHTBK
About: Heritage Commerce Corp operates as a bank holding company. The company, through its subsidiary, offers commercial banking services to small and medium-sized businesses and their owners, managers, and employees. It operates through two reportable segments, namely Banking and Factoring. A majority of its revenue is generated from the Banking segment, which provides various loan products, including commercial and industrial loans, commercial real estate loans, construction loans, etc. This segment also focuses on deposit generation on relationship accounts, encompassing non-interest bearing demand, interest bearing demand, money market accounts, certificates of deposit, and savings accounts.
Employees: 355
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
440% more call options, than puts
Call options by funds: $27K | Put options by funds: $5K
146% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 13
57% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 46
9% more funds holding
Funds holding: 161 [Q3] → 176 (+15) [Q4]
0.33% less ownership
Funds ownership: 76.68% [Q3] → 76.36% (-0.33%) [Q4]
5% less capital invested
Capital invested by funds: $464M [Q3] → $439M (-$25.1M) [Q4]
67% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 1 (-2) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Stephens & Co. Andrew Terrell 38% 1-year accuracy 12 / 32 met price target | 22%upside $11 | Overweight Reiterated | 28 Apr 2025 |
Keefe, Bruyette & Woods Wood Lay 34% 1-year accuracy 23 / 67 met price target | 22%upside $11 | Outperform Maintained | 25 Apr 2025 |
Financial journalist opinion
Based on 4 articles about HTBK published over the past 30 days
