NASDAQ$HTBK
Heritage Commerce Corp · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Heritage Commerce Corp achieved record earnings due to growth in net interest income, return on tangible equity, return on tangible assets and improving efficiency ratio.
Heritage Commerce Corp reported a record net income of $14.0 million for Q4 2021, a 20% increase compared to Q4 2020. The company's performance was boosted by 11% growth in net interest income and an improving efficiency ratio.
- Net income for the fourth quarter of 2021 increased 20% over the fourth quarter a year ago.
- Loan portfolio grew 18% from a year ago to $3.09 billion.
- Total deposits grew 22% to $4.76 billion year-over-year.
- Nonperforming assets decreased 52% in the fourth quarter of 2021 from a year ago.
Headline financials
Revenue & EPS history
Heritage Commerce · Revenue · Quarterly
$40.9M
Forward guidance
The company did not provide any forward guidance in the earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2021
+0.9%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+1.3%
Avg return
30 days after
57%
37 / 65 earnings
Positive
+12.7%
Q1 2023
Best reaction
-6.6%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | — | — | — | |
| Q4 2025 | -3.8% | -6.3% | -0.7% | |
| Q3 2025 | +0.3% | -2.1% | +3.6% | |
| Q2 2025 | -3.1% | -6.0% | +2.0% | |
| Q1 2025 | -0.5% | +0.0% | -1.5% | |
| Q4 2024 | +3.8% | +4.7% | +14.3% | |
| Q3 2024 | -2.1% | +1.8% | +12.4% | |
| Q2 2024 | +4.1% | +2.5% | -2.0% | |
| Q1 2024 | -4.3% | -5.0% | -2.5% | |
| Q4 2023 | -5.0% | -4.6% | -14.4% | |
| Q3 2023 | +3.4% | +2.5% | +7.1% | |
| Q2 2023 | -1.9% | -2.3% | -12.2% | |
| Q1 2023 | +12.7% | -1.7% | +2.1% | |
| Q4 2022 | -4.9% | -3.4% | -2.2% | |
| Q3 2022 | +8.4% | +8.4% | +10.2% | |
| Q2 2022 | +1.1% | -0.3% | -0.6% | |
| Q1 2022 | -1.2% | -0.4% | +0.1% | |
| Q4 2021 | +1.2% | +0.6% | -2.1% | |
| Q3 2021 | +4.2% | +4.5% | -3.1% | |
| Q2 2021 | -1.4% | -1.6% | +2.4% | |
| Q1 2021 | +2.8% | +1.3% | -0.5% | |
| Q4 2020 | -3.5% | -3.4% | +4.5% | |
| Q3 2020 | +8.4% | -0.5% | +17.0% | |
| Q2 2020 | +4.3% | -1.7% | -2.7% | |
| Q1 2020 | -0.3% | +14.5% | -2.8% | |
| Q4 2019 | -4.0% | -6.6% | -6.1% | |
| Q3 2019 | -2.1% | +2.7% | +6.0% | |
| Q2 2019 | +0.6% | +0.8% | -8.0% | |
| Q1 2019 | -5.1% | -2.4% | -4.6% | |
| Q4 2018 | +6.5% | +3.4% | +12.6% | |
| Q3 2018 | +6.4% | +7.3% | +3.9% | |
| Q2 2018 | +1.4% | -9.2% | -5.3% | |
| Q1 2018 | +0.6% | +0.3% | +1.6% | |
| Q4 2017 | -1.1% | -1.2% | +1.5% | |
| Q3 2017 | +4.2% | +5.1% | +4.4% | |
| Q2 2017 | -1.5% | +0.1% | -3.1% | |
| Q1 2017 | -3.3% | -1.9% | -8.5% | |
| Q4 2016 | -0.1% | -2.8% | -0.3% | |
| Q3 2016 | +1.8% | +0.4% | +15.6% | |
| Q2 2016 | -1.5% | -1.9% | +11.8% | |
| Q1 2016 | -1.4% | — | — | |
| Q4 2015 | +2.4% | — | — | |
| Q3 2015 | -6.6% | — | — | |
| Q2 2015 | +1.5% | — | — | |
| Q1 2015 | +0.7% | — | — | |
| Q4 2014 | -0.5% | — | — | |
| Q3 2014 | +0.5% | — | — | |
| Q2 2014 | +0.6% | — | — | |
| Q1 2014 | +0.9% | — | — | |
| Q4 2013 | -2.8% | — | — | |
| Q3 2013 | +0.5% | — | — | |
| Q2 2013 | -0.7% | — | — | |
| Q1 2013 | -1.3% | — | — | |
| Q4 2012 | +2.0% | — | — | |
| Q3 2012 | -1.7% | — | — | |
| Q2 2012 | +1.8% | — | — | |
| Q1 2011 | -2.7% | — | — | |
| Q1 2012 | +5.0% | — | — | |
| Q4 2009 | +2.8% | — | — | |
| Q4 2011 | +2.8% | — | — | |
| Q4 2010 | +2.8% | — | — | |
| Q3 2011 | +8.0% | — | — | |
| Q3 2010 | +8.0% | — | — | |
| Q2 2010 | +3.2% | — | — | |
| Q2 2011 | +3.2% | — | — | |
| Q1 2010 | +1.0% | — | — |
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