Last $7.51 USD
Change Today -0.03 / -0.40%
Volume 21.4K
HEOP On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 8:10 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

heritage oaks bancorp (HEOP) Snapshot

Open
$7.57
Previous Close
$7.54
Day High
$7.67
Day Low
$7.49
52 Week High
03/21/14 - $8.48
52 Week Low
09/4/14 - $6.70
Market Cap
248.1M
Average Volume 10 Days
34.3K
EPS TTM
$0.42
Shares Outstanding
33.0M
EX-Date
08/27/14
P/E TM
18.1x
Dividend
$0.12
Dividend Yield
0.40%
Current Stock Chart for HERITAGE OAKS BANCORP (HEOP)

Related News

No related news articles were found.

heritage oaks bancorp (HEOP) Related Businessweek News

No Related Businessweek News Found

heritage oaks bancorp (HEOP) Details

Heritage Oaks Bancorp operates as the bank holding company for Heritage Oaks Bank that provides banking products and services to small and medium sized businesses, and consumers in California. The company accepts various deposit products, including personal and business checking and savings accounts, time deposit accounts, individual retirement accounts, and money market accounts, as well as certificates of deposit. It also offers real estate secured loans comprising loans that are secured by commercial real estate, multi-family, farmland, and 1 to 4 family residential properties, as well as equity lines of credit secured by real estate; commercial and industrial, agriculture, and other commercial purpose loans; construction and land loans; and installment loans, as well as residential mortgages. In addition, the company provides online banking, mobile banking, wire transfers, safe deposit boxes, bank-by-mail, night depository, and other customary banking services, as well as cashier’s and travelers checks. As of July 1, 2014, it operated through a network of three branch offices in Paso Robles, San Luis Obispo, and Santa Maria; two branch offices in Arroyo Grande and Atascadero; and single branch offices in Cambria, Templeton, Morro Bay, and Santa Barbara, as well as loan production offices in Goleta and Ventura/Oxnard. The company was founded in 1983 and is headquartered in Paso Robles, California.

234 Employees
Last Reported Date: 03/4/14
Founded in 1983

heritage oaks bancorp (HEOP) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $400.0K
Executive Vice President, General Counsel, Co...
Total Annual Compensation: $180.9K
Chief Credit Officer of Heritage Oaks Bank an...
Total Annual Compensation: $122.6K
Market Area President of San Luis Obispo Coun...
Total Annual Compensation: $224.3K
Compensation as of Fiscal Year 2013.

heritage oaks bancorp (HEOP) Key Developments

William Raver to Retire as Executive Vice President and General Counsel of Heritage Oaks Bancorp and Heritage Oaks Bank, Effective January 9, 2015

Heritage Oaks Bancorp and Heritage Oaks Bank announced that the company's and the Bank's Executive Vice President and General Counsel, William Raver, will retire from the company and the Bank effective on January 9, 2015.

Heritage Oaks Bancorp Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Announces Net Charge-Offs for the Second Quarter Ended June 30, 2014

Heritage Oaks Bancorp announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total interest income of $16,541,000 against $11,075,000 a year ago. Income before income taxes was $4,687,000 against $4,421,000 a year ago. Net income available to common shareholders was $2,949,000 or $0.09 basic and diluted per share against $2,357,000 or $0.09 basic and diluted per share a year ago. Return on average equity was 6.23% against 7.36% a year ago. Return on average common equity was 6.35% against 7.66% a year ago. Return on average tangible common equity was 7.61% against 8.55% a year ago. Return on average assets was 0.71% against 1.00% a year ago. Non-GAAP earnings before income taxes, provision for loan losses, and merger and integration costs were $5,508,000 against $4,416,000 a year ago. The increase in net income as compared to the same quarter a year earlier, was primarily due to the increased pre-tax net income resulting from the inclusion of the operating results of Mission Community Bancorp (‘MISN’) into the company's operating results. For the six months, the company reported total interest income of $30,143,000 against $22,148,000 a year ago. Income before income taxes was $1,850,000 against $10,542,000 a year ago. Net income available to common shareholders was $1,186,000 or $0.04 basic and diluted per share against $5,729,000 or $0.22 basic and diluted per share a year ago. Return on average equity was 1.41% against 8.82% a year ago. Return on average common equity was 1.44% against 9.40% a year ago. Return on average tangible common equity was 1.71% against 10.51% a year ago. Return on average assets was 0.16% against 1.20% a year ago. Non-GAAP earnings before income taxes, provision for loan losses, and merger and integration costs were $9,788,000 against $6,953,000 a year ago. Book value per common share as on June 30, 2014 was $5.68 against $4.80 as at June 30, 2013. Tangible book value per common share as on June 30, 2014 was $4.76 against $4.30 as at June 30, 2013. For the quarter, the company reported net charge-offs of $1.3 million, which were primarily the result of $1.7 million of charge-offs recorded on two loan relationships that were originated several years ago.

Heritage Oaks Bancorp Declares Cash Dividend, Payable on September 15, 2014

On July 23, 2014, at its regular meeting, the Board of Directors of Heritage Oaks Bancorp declared a cash dividend of $0.03 per share. The cash dividend will be paid on September 15, 2014 to shareholders of the Company's common stock of record as of August 29, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HEOP:US $7.51 USD -0.03

HEOP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CU Bancorp $19.40 USD +0.10
Heritage Commerce Corp $8.29 USD -0.05
Pacific Continental Corp $13.64 USD -0.19
Pacific Premier Bancorp Inc $15.29 USD +0.17
Sierra Bancorp $16.48 USD +0.10
View Industry Companies
 

Industry Analysis

HEOP

Industry Average

Valuation HEOP Industry Range
Price/Earnings 40.5x
Price/Sales 4.4x
Price/Book 1.3x
Price/Cash Flow 44.4x
TEV/Sales 1.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HERITAGE OAKS BANCORP, please visit www.heritageoaksbancorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.