Heritage Commerce Corp

NASDAQ HTBK

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Heritage Commerce Corp Price to Free Cash Flow to Firm Ratio (P/FCFF) on June 03, 2024: 7.12

Heritage Commerce Corp Price to Free Cash Flow to Firm Ratio (P/FCFF) is 7.12 on June 03, 2024, a 37.96% change year over year. The price to free cash flow to the firm (FCFF) ratio compares the market price per share of a company's stock to its free cash flow available to the firm. It is calculated by dividing the market capitalization by the sum of the free cash flow plus the interest expense multiplied by (1 - tax rate), divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's FCFF generation. A higher ratio suggests that investors are willing to pay a higher price for each unit of free cash flow available to the firm, indicating positive market sentiment.
  • Heritage Commerce Corp 52-week high Price to Free Cash Flow to Firm Ratio (P/FCFF) is 8.22 on May 03, 2024, which is 15.49% above the current Price to Free Cash Flow to Firm Ratio (P/FCFF).
  • Heritage Commerce Corp 52-week low Price to Free Cash Flow to Firm Ratio (P/FCFF) is 4.17 on September 27, 2023, which is -41.36% below the current Price to Free Cash Flow to Firm Ratio (P/FCFF).
  • Heritage Commerce Corp average Price to Free Cash Flow to Firm Ratio (P/FCFF) for the last 52 weeks is 5.17.
NASDAQ: HTBK

Heritage Commerce Corp

CEO Mr. Robertson Jones
IPO Date July 30, 1998
Location United States
Headquarters 224 Airport Parkway, San Jose, CA, United States, 95110
Employees 351
Sector Financial Services
Industry Banks - regional
Description

Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. Its deposit products for business banking and retail markets include interest and non-interest-bearing demand, savings, and money market accounts, as well as certificates of deposit and time deposits. The company's loan portfolio comprises commercial loans, such as operating secured and unsecured loans advanced for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial construction loans for rental properties, commercial buildings, and homes; small business administration loans; home equity lines of credit; multifamily loans on residential properties; residential mortgage loans; and consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes. In addition, it offers other banking services, including cashier's checks, bank by mail, night depositories, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer, online bill pay, homeowner association, remote deposit capture, automated clearing house origination, electronic data interchange, and check imaging services, as well as other customary banking, factoring financing, and electronic banking services. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California.

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StockViz Staff

September 20, 2024

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