Here's What Key Metrics Tell Us About Heritage Commerce (HTBK) Q4 Earnings

For the quarter ended December 2024, Heritage Commerce (HTBK) reported revenue of $46.37 million, up 4.8% over the same period last year. EPS came in at $0.17, compared to $0.22 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $43.56 million, representing a surprise of +6.46%. The company delivered an EPS surprise of -5.56%, with the consensus EPS estimate being $0.18.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Heritage Commerce performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin: 3.3% versus the three-analyst average estimate of 3.2%. Efficiency Ratio: 65.4% versus 63.3% estimated by three analysts on average. Total Non-Performing - Loan: $7.67 million versus $7.40 million estimated by two analysts on average. Total Non-Performing - Assets: $7.67 million versus the two-analyst average estimate of $7.65 million. Average Balances-Interest earning assets: $5.27 billion versus $5.17 billion estimated by two analysts on average. Total Non Interest Income: $2.19 million versus $2.24 million estimated by three analysts on average. Net Interest Income: $44.19 million versus $41.32 million estimated by three analysts on average. Net Interest Income (FTE): $44.24 million compared to the $42.11 million average estimate based on two analysts. Gain on sale of SBA loans: $0.13 million versus $0.10 million estimated by two analysts on average. View all Key Company Metrics for Heritage Commerce here>>>Shares of Heritage Commerce have returned -4.6% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.1% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Heritage Commerce Corp (HTBK): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks