HERITAGE COMMERCE CORPHTBK

Market cap

$752.08M

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Loans, including fees	43	41	42	49	68	79	86	106	117	133	139	153	178	183
Securities, taxable	9	12	9	8	7	10	14	15	16	12	9	21	27	21
Securities, exempt from Federal tax	-	0	2	2	2	2	2	2	2	2	2	1	1	1
Interest Income, Deposits with Financial Institutions	0	0	0	0	2	2	5	7	8	4	4	14	28	38
Total interest income	52	53	53	59	79	94	107	130	143	150	153	189	234	243
Deposits	4	3	2	2	2	3	4	6	8	6	5	7	48	77
Short-term borrowings	0	0	0	0	0	0	0	0	0	0	0	-	1	-
Subordinated debt	2	1	0	-	-	-	1	2	3	2	2	2	2	2
Total interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	79
Interest Income (Expense), Net	46	48	50	57	76	91	102	122	132	142	146	180	183	164
Provision for Loan and Lease Losses	-	-	-	-	-	-	-	-	-	-	-	1	1	2
Interest Income (Expense), after Provision for Loan Loss	42	46	51	57	76	90	101	115	131	129	149	179	182	162
Service charges and fees on deposit accounts	-	-	-	-	-	-	-	-	-	-	-	5	4	4
Bank Owned Life Insurance Income	2	2	2	2	2	2	2	1	1	2	2	2	2	2
Gain on sales of SBA loans	-	-	0	1	1	1	1	1	1	1	2	0	0	0
Servicing income	-	-	-	-	-	-	-	1	1	1	1	1	0	0
Gain (Loss) From Life Insurance Policies	-	-	-	-	-	1	-	-	-	-	-	-	-	0
Termination fees	-	-	-	-	-	-	-	-	-	-	1	0	0	0
Gain on warrants	-	-	-	-	-	-	-	-	-	-	-	1	-	-
Other	1	1	1	1	2	2	3	3	2	3	2	2	1	2
Total noninterest income	8	9	7	8	9	12	10	10	10	10	10	10	9	9
Labor and Related Expense	21	22	23	26	35	35	37	44	51	51	52	55	57	64
Occupancy, Net	4	4	4	4	4	4	5	5	7	8	9	10	9	10
Professional fees	3	3	3	2	2	3	3	2	3	5	6	5	4	5
Other	-	-	-	-	17	15	16	24	24	25	26	25	30	34
Total noninterest expense	40	40	42	44	59	58	61	76	85	90	93	95	101	114
Income before income taxes	-	-	-	-	-	-	-	-	-	-	66	94	90	57
Income tax expense	-1	4	5	8	10	17	26	13	16	14	18	28	26	16
Net income	11	10	12	13	16	27	24	35	40	35	48	67	64	41
Earnings Per Share, Basic	0.28	0.27	0.36	0.42	0.48	0.72	0.63	0.85	0.87	0.59	0.79	1.1	1.06	0.66
Earnings Per Share, Diluted	0.28	0.27	0.36	0.42	0.48	0.72	0.62	0.84	0.84	0.59	0.79	1.09	1.05	0.66