Heritage Commerce Corp (Nasdaq:HTBK) is the holding company for Heritage Bank of Commerce who provide various commercial and personal banking services to residents and the business/professional community in California. Currently, they have about USD 5.2 billion in total assets across 17 banking offices.
Comps: Univest Financial Corporation (Nasdaq:UVSP), Capital City Bank Group, Inc. (Nasdaq:CCBG)
In comparison to these other two similar banking firms, Heritage Commerce Corp. beats both in profitability, return on equity, both revenue and quarterly revenue growth year-over-year, and net income. Moreover, they showed a lower price to earnings ratio than Capital City Bank Group. Due to their margins, they can also offer a yield of over 4.2%, which these competitors cannot match.