Heritage Competitors

HTBK Stock

USD 12.13 -0.04 -0.33%

The company is classified under the Banks sector. Heritage Commerce Corp competes with Mid Penn, Camden National, MetroCity Bankshares, NB Bancorp, and Orrstown Financial and other related companies. Peer context helps frame relative positioning. Use comparative scoring to see how Heritage Commerce ranks on profitability, leverage, and momentum.

Heritage Commerce vs First Financial Correlation Snapshot

Very poor diversification

The correlation between HTBK and THFF is 0.82, which Macroaxis classifies as Very poor diversification for the selected horizon. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.

Moving together with Heritage Stock

0.91	FBNC	First Bancorp	Pair Corr
0.92	MTB	MT Bank	Pair Corr
0.75	TFC	Truist Financial Corp	Pair Corr

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Mean reversion is the tendency of Heritage Commerce's price to return to its historical average after periods of extreme deviation. Investors who identify when Heritage Commerce's is significantly above or below its mean may find compelling entry or exit opportunities.

Hype

Prediction

Low	Estimated	High
10.38	12.12	13.86

Details

Intrinsic

Valuation

Low	Real	High
10.92	14.29	16.03

Details

Naive

Forecast

Low	Next	High
10.53	12.28	14.02

Details

6 Analysts

Consensus

Low	Target	High
13.20	14.50	16.10

Details

Analyzing Heritage Commerce in isolation is insufficient for informed investment decisions. Placing Heritage Commerce's results in the context of its peer group reveals whether its performance is company-specific or simply a function of industry-wide trends.

Heritage Commerce Competition Correlation Matrix

Correlation analysis between Heritage Commerce Corp and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	MPB	CAC	MCBS	NBBK	ORRF	HIFS	GSBC	CCBG	HFWA	THFF
MPB		0.93	0.85	0.79	0.74	0.65	0.55	0.19	0.9	0.95	MPB
CAC	0.93		0.86	0.85	0.63	0.63	0.33	-0.02	0.93	0.92	CAC
MCBS	0.85	0.86		0.88	0.72	0.45	0.5	0.16	0.86	0.88	MCBS
NBBK	0.79	0.85	0.88		0.6	0.51	0.26	-0.15	0.85	0.85	NBBK
ORRF	0.74	0.63	0.72	0.6		0.68	0.73	0.4	0.67	0.83	ORRF
HIFS	0.65	0.63	0.45	0.51	0.68		0.28	0.0	0.64	0.69	HIFS
GSBC	0.55	0.33	0.5	0.26	0.73	0.28		0.72	0.39	0.57	GSBC
CCBG	0.19	-0.02	0.16	-0.15	0.4	0.0	0.72		0.04	0.17	CCBG
HFWA	0.9	0.93	0.86	0.85	0.67	0.64	0.39	0.04		0.91	HFWA
THFF	0.95	0.92	0.88	0.85	0.83	0.69	0.57	0.17	0.91		THFF
	MPB	CAC	MCBS	NBBK	ORRF	HIFS	GSBC	CCBG	HFWA	THFF

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High positive correlations

THFF	+ 0.95	MPB
CAC	+ 0.93	MPB
HFWA	+ 0.93	CAC
THFF	+ 0.92	CAC
THFF	+ 0.91	HFWA
HFWA	+ 0.9	MPB

High negative correlations

CCBG	- 0.15	NBBK
CCBG	- 0.02	CAC
CCBG	- 0.0	HIFS

Risk-Adjusted Indicators

There is a big difference between Heritage Stock performing well and Heritage Commerce Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Heritage Commerce's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MPB	1.29	0.13	0.07	0.07	1.56	-1.50	3.28	-2.93	10.41
CAC	1.45	0.17	0.08	0.09	1.80	-1.57	2.97	-3.62	10.59
MCBS	1.16	0.12	0.08	0.10	1.38	-1.29	2.84	-2.45	9.79
NBBK	1.14	0.07	0.06	0.04	1.36	-1.26	2.20	-1.97	8.37
ORRF	1.27	-0.08	0.00	-0.12	0.00	0.00	2.63	-3.83	9.26
HIFS	2.37	-0.13	0.00	-0.14	0.00	0.00	3.98	-6.11	16.56
GSBC	1.20	0.03	0.02	-0.01	1.98	-1.20	2.34	-2.86	14.35
CCBG	1.12	0.05	0.03	0.02	1.86	-1.06	3.11	-2.92	9.73
HFWA	1.46	0.12	0.06	0.05	1.80	-1.62	3.65	-3.59	12.71
THFF	1.35	0.06	0.04	0.02	1.59	-1.52	2.29	-2.44	10.39

Peer Comparison: Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Heritage Commerce Corp financial statement analysis. It represents the amount of money remaining after all of Heritage Commerce Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Compare Heritage Commerce Corp and related stocks such as Mid Penn Bancorp, Camden National, and MetroCity Bankshares Net Income Over Time

Select Fundamental

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
MPB	2.7 M	4.5 M	5 M	4.9 M	5.7 M	6.5 M	7.8 M	7.1 M	10.6 M	17.7 M	26.2 M	29.3 M	54.8 M	37.4 M	49.4 M	56.2 M	59.1 M
CAC	8.1 M	26.2 M	23.4 M	22.8 M	24.6 M	21 M	40.1 M	28.5 M	53.1 M	57.2 M	59.5 M	69 M	61.4 M	43.4 M	53 M	65.2 M	32.9 M
MCBS	10.1 M	10.1 M	10.1 M	10.1 M	12.5 M	16.6 M	20.2 M	31.9 M	41.3 M	44.7 M	36.4 M	61.7 M	62.6 M	51.6 M	64.5 M	68.7 M	44.2 M
NBBK	21.6 M	21.6 M	21.6 M	21.6 M	21.6 M	21.6 M	21.6 M	21.6 M	21.6 M	21.6 M	21.6 M	30.1 M	9.8 M	42.1 M	50.3 M	57.8 M	33.9 M
ORRF	1.6 M	-32 M	-38.5 M	10 M	29.1 M	7.9 M	6.6 M	8.1 M	12.8 M	16.9 M	26.5 M	32.9 M	22 M	35.7 M	22.1 M	80.9 M	84.9 M
HIFS	830 K	12.1 M	13.3 M	13.4 M	22.3 M	19.3 M	23.4 M	25.8 M	30.4 M	38.9 M	50.8 M	67.5 M	37.5 M	26.4 M	28.2 M	54.6 M	57.3 M
GSBC	-3.7 M	30.3 M	48.7 M	33.7 M	43.5 M	46.5 M	45.3 M	51.6 M	67.1 M	73.6 M	59.3 M	74.6 M	75.9 M	67.8 M	61.8 M	71 M	35.6 M
CCBG	8.8 M	4.9 M	108 K	6 M	9.3 M	9.1 M	11.7 M	10.9 M	26.2 M	30.8 M	31.6 M	33.4 M	33.4 M	52.3 M	52.9 M	61.6 M	64.6 M
HFWA	3.6 M	6.5 M	13.3 M	9.6 M	21 M	37.5 M	38.9 M	41.8 M	53.1 M	67.6 M	46.6 M	98 M	81.9 M	61.8 M	43.3 M	67.5 M	70.9 M
THFF	8.3 M	37.2 M	32.8 M	31.5 M	33.8 M	30.2 M	38.4 M	29.1 M	46.6 M	48.9 M	53.8 M	53 M	71.1 M	60.7 M	47.3 M	79.2 M	83.2 M

Heritage Commerce Competitive Analysis

Sizing up Heritage Commerce against Mid Penn, Camden National, and MetroCity Bankshares reveals meaningful differences in scale and efficiency. At a 746.7 M valuation, Heritage Commerce brings in 266.1 M on the top line. The company converts revenue to profit at a 24.45% rate and delivers 6.84% on shareholder equity. Heritage Commerce carries a higher earnings multiple of 19.19x compared to 9.10x for Mid Penn. Camden National leads with 10.61% return on equity versus 6.84% for Heritage Commerce. Profit margins tilt toward MetroCity Bankshares at 44.06% against Heritage Commerce at 24.45%.

Better Than Average

Worse Than Peers

View Performance Chart

	HTBK	MPB	CAC	MCBS	NBBK	ORRF	HIFS	GSBC	CCBG	HFWA
	0.33 12.13 Heritage	0.42 31.34 Mid	1.11 45.48 Camden	0.07 28.32 MetroCity	1.23 20.82 NBBK	0.06 34.20 Orrstown	2.17 268.42 Hingham	0.43 60.90 Great	0.21 42.24 Capital	0.80 24.89 Heritage
Market Volatility (90 Days Market Risk)	Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Soft	Weak	Soft	Weak	Weak	Weak	Weak	Weak	Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Tiny	Tiny	Tiny	Tiny	Tiny	Low	Low	Tiny	Low	Tiny
Current Valuation (Equity Enterprise Value)	Under Valued	Under Valued	Under Valued	Under Valued	Under Valued	Fairly Valued	Over Valued	Fairly Valued	Under Valued	Under Valued
Buy or Sell Analysis (Average Analysts Consensus)	Strong Buy	Strong Buy	Buy	Hold	Buy	Strong Buy	Strong Sell	Hold	Buy	Buy
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Hold	Buy	Strong Buy	Strong Hold	Hold	Strong Sell	Strong Hold	Hold	Buy
Net Asset	5.76 B	6.13 B	6.97 B	4.77 B	7.01 B	5.54 B	4.54 B	5.6 B	4.39 B	6.97 B
Profit Margin	0.24	0.25	0.28	0.44	0.24	0.32	0.5	0.31	0.25	0.28
EBITDA	71.21 M	72.37 M	91.54 M	92.93 M	71.71 M	116.68 M	73.34 M	87.3 M	89.37 M	79.64 M
Operating Margin	0.45	0.46	0.48	0.62	0.49	0.47	0.78	0.37	0.3	0.4
Current Valuation	170.84 M	686.8 M	1.33 B	950.84 M	706.91 M	853.74 M	2.14 B	893.08 M	315.01 M	855.4 M
Price To Book	1.06	0.97	1.12	1.5	1.12	1.13	1.3	1.07	1.31	1.12
Retained Earnings	203.68 M	219.69 M	545.15 M	402.86 M	445.2 M	186.75 M	461.53 M	614.1 M	508.44 M	421.62 M
Five Year Return	4.3	2.67	2.99	N/A	N/A	2.98	0.73	2.42	1.88	2.77
Beta	0.71	0.51	0.61	0.72	0.36	0.78	1.0	0.51	0.32	0.49
Number Of Employees	342	600	683	240	526	607	93	857	902	728
Shares Outstanding	61.56 M	25.28 M	16.92 M	28.82 M	45.6 M	19.51 M	2.18 M	11.06 M	17.15 M	41.13 M
Cash Flow From Operations	61.67 M	-17.72 M	65.22 M	63.5 M	60.79 M	38.66 M	35.79 M	77.71 M	87.61 M	94.82 M
Annual Yield	0.0427	0.0268	0.0369	0.0346	0.0133	0.0322	0.0089	0.0272	0.0244	0.0385
Total Debt	39.8 M	59.38 M	644.29 M	540.61 M	196.24 M	336.37 M	1.46 B	405.17 M	93.35 M	42.35 M
Return On Equity	0.0684	0.0766	0.11	0.14	0.0619	0.15	0.1	0.11	0.12	0.0757
Return On Asset	0.0084	0.0097	0.0102	0.0164	0.0083	0.0147	0.0101	0.0123	0.0141	0.0096
Number Of Shares Shorted	1.65 M	901.91 K	524.9 K	242.41 K	1.3 M	378.1 K	314.63 K	269.69 K	180.11 K	1.75 M
Book Value Per Share	11.55	35.32	41.16	18.89	20.12	30.32	211.67	57.5	32.36	27.13
Total Asset	5.76 B	6.13 B	6.97 B	4.77 B	7.01 B	5.54 B	4.54 B	5.6 B	4.39 B	6.97 B
Debt To Equity	0.0547	12.3	0.18	7.87	N/A	0.18	0.0067	0.0647	0.33	0.0413
Short Ratio	2.65	7.65	4.91	3.31	3.15	1.74	2.24	3.66	1.87	6.04
Target Price	14.5	36.5	51.75	31.0	24.0	41.6	N/A	64.0	45.5	31.4
Last Dividend Paid	0.52	N/A	1.68	0.96	0.14	1.06	2.52	1.66	1.0	0.96
Shares Owned By Institutions	82.78	52.46	74.61	22.6	49.59	59.39	63.01	47.0	50.7	73.13
Market Capitalization	746.72 M	792.29 M	769.72 M	815.55 M	961.35 M	667.15 M	597.84 M	681.43 M	724.51 M	1.02 B
Price To Earning	19.19	9.1	10.09	8.01	N/A	9.59	9.66	13.75	16.21	19.94
Price To Earnings To Growth	1.5	12.66	N/A	N/A	N/A	N/A	N/A	1.88	2.4	2.13
Price To Sales	3.82	3.53	3.3	5.23	4.6	2.65	5.7	2.97	2.91	4.19
Net Income	47.83 M	56.25 M	65.16 M	64.5 M	50.3 M	80.86 M	54.55 M	70.97 M	61.56 M	67.53 M
Earnings Per Share	0.78	2.53	3.84	2.64	1.34	4.18	20.55	6.19	3.6	1.96
Shares Owned By Insiders	3.06	17.08	1.81	21.88	12.03	4.73	24.37	28.2	19.93	1.31
Revenue	266.14 M	326.93 M	367.34 M	237.03 M	317.21 M	353.86 M	236.76 M	343.3 M	279.31 M	335.97 M
Cash And Equivalents	876.59 M	243.76 M	112.26 M	211.25 M	N/A	66.93 M	7.67 M	189.01 M	570.36 M	407.32 M
Cash Per Share	14.45	15.35	7.71	8.35	N/A	6.26	3.58	15.44	33.63	11.6
Gross Profit	195.65 M	224.64 M	233.49 M	155.95 M	209 M	252.08 M	90.53 M	229.24 M	248.74 M	244.17 M
Day Typical Price	12.17	31.39	45.6	28.31	20.92	34.52	271.46	61.23	42.35	25.13
Accumulation Distribution	12092.2	5645.69	2101.63	1121.31	2814.25	7309.16	1464.39	2196.43	1733.95	8597.73
Market Facilitation Index	0.0	0.0	0.0	0.0	0.0	0.0	3.0E-4	0.0	0.0	0.0
Daily Balance Of Power	-0.14	0.1566	-0.39	0.0488	-0.63	-0.01	-0.53	-0.12	-0.09	-0.21
Period Momentum Indicator	-0.04	0.13	-0.51	0.02	-0.26	-0.02	-5.96	-0.26	-0.09	-0.20
Rate Of Daily Change	1.0	1.0	0.99	1.0	0.99	1.0	0.98	1.0	1.0	0.99
Day Median Price	12.18	31.42	45.67	28.31	20.98	34.69	272.98	61.4	42.41	25.25
Price Action Indicator	-0.07	-0.01	-0.44	0.025	-0.28	-0.49	-7.53	-0.62	-0.21	-0.46
Coefficient Of Variation	1591.93	2016.03	1544.83	1748.16	3171.48	-1,625	-1,685	208339.42	6233.55	2841.33
Mean Deviation	1.21	1.29	1.45	1.16	1.14	1.27	2.37	1.2	1.12	1.46
Jensen Alpha	0.1562	0.1295	0.1713	0.1218	0.0721	-0.08	-0.13	0.0335	0.0512	0.1211
Total Risk Alpha	0.1966	0.179	0.2259	0.1768	0.1174	-0.02	-0.02	0.0958	0.1112	0.1803
Sortino Ratio	0.0828	0.0746	0.0825	0.082	0.0565	N/A	N/A	0.0177	0.0325	0.0574
Downside Variance	3.01	2.73	3.8	2.47	2.03	N/A	N/A	4.06	3.6	3.53
Standard Deviation	1.73	1.78	1.95	1.64	1.45	1.78	3.07	1.86	1.67	2.08
Kurtosis	2.4	1.43	0.9926	1.61	0.7571	0.9266	0.7242	6.31	2.72	2.41
Potential Upside	2.87	3.28	2.97	2.84	2.2	2.63	3.98	2.34	3.11	3.65
Treynor Ratio	0.0772	0.0689	0.0942	0.0997	0.0439	-0.12	-0.14	-0.01	0.022	0.0488
Maximum Drawdown	11.07	10.41	10.59	9.79	8.37	9.26	16.56	14.35	9.73	12.71
Variance	3.0	3.18	3.79	2.7	2.1	3.17	9.44	3.46	2.8	4.32
Market Risk Adjusted Performance	0.0872	0.0789	0.1042	0.1097	0.0539	-0.11	-0.13	4.0E-4	0.032	0.0588
Risk Adjusted Performance	0.0554	0.045	0.0574	0.0506	0.0296	-0.04	-0.04	0.0061	0.018	0.0342
Skewness	0.0746	0.0421	-0.05	0.3627	0.0024	-0.33	-0.08	-0.72	-0.54	0.6046
Semi Deviation	1.62	1.56	1.8	1.38	1.36	N/A	N/A	1.98	1.86	1.8
Information Ratio	0.0829	0.0691	0.0826	0.0784	0.0556	-0.04	-0.05	0.0192	0.0369	0.052
Value At Risk	-2.44	-2.93	-3.62	-2.45	-1.97	-3.83	-6.11	-2.86	-2.92	-3.59
Expected Short fall	-1.25	-1.50	-1.57	-1.29	-1.26	N/A	N/A	-1.20	-1.06	-1.62
Downside Deviation	1.73	1.65	1.95	1.57	1.42	N/A	N/A	2.02	1.9	1.88
Semi Variance	2.61	2.42	3.22	1.9	1.86	N/A	N/A	3.93	3.45	3.25

Peer Performance Charts

How to Analyze Heritage Commerce Against Peers

Heritage Commerce's peer analysis compares Heritage Commerce with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether Heritage Commerce trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where Heritage Commerce leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Heritage Competitors

Heritage Commerce vs First Financial Correlation Snapshot

Very poor diversification

Moving together with Heritage Stock

Specify up to 10 symbols:

Heritage Commerce Competition Correlation Matrix

High positive correlations

High negative correlations

Risk-Adjusted Indicators

Peer Comparison: Net Income

Heritage Commerce Competitive Analysis

Peer Performance Charts

How to Analyze Heritage Commerce Against Peers

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