Heritage NOLA Bancorp, Inc. (HRGG) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Heritage NOLA Bancorp, Inc. (HRGG) trades at $19.65 with AI Score 49/100 (Grade C). Heritage NOLA Bancorp, Inc. is a bank holding company operating primarily through its subsidiary, Heritage Bank of St. Tammany. Market cap: $30.0M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for HRGG: HRGG does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates HRGG against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
HRGG: 2/3 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Heritage NOLA Bancorp, Inc. (HRGG) Financial Services Profile
Heritage NOLA Bancorp, Inc., founded in 1924, operates as a community-focused bank in Louisiana, offering traditional deposit and loan products. With a market capitalization of $30.0M and a P/E ratio of 40.92, the company navigates a competitive regional banking landscape while maintaining a conservative beta of 0.10.
What Is the Investment Thesis for HRGG?
Heritage NOLA Bancorp, Inc. presents a focused investment opportunity within the Louisiana regional banking sector. With a market capitalization of $30.0M and a P/E ratio of 40.92, the company's valuation reflects its current profitability and growth potential. A key value driver is the bank's strong local presence and established customer relationships in the St. Tammany Parish area. Growth catalysts include potential expansion of its loan portfolio and increased adoption of digital banking services. However, investors may want to evaluate the risks associated with the company's small size, limited geographic footprint, and the competitive pressures from larger banks and fintech companies. The company's future performance will depend on its ability to efficiently manage its operations, maintain asset quality, and adapt to evolving regulatory requirements. Monitoring the company's profit margin of 4.4% and gross margin of 28.9% will be crucial in assessing its financial health and sustainability.
Based on FMP financials and quantitative analysis
HRGG Key Highlights
Market capitalization of $30.0M indicates a small-cap regional bank.
- P/E ratio of 40.92 suggests the stock may be overvalued compared to its earnings.
- Profit margin of 4.4% reflects moderate profitability in a competitive banking environment.
- Gross margin of 28.9% indicates the efficiency of the bank's core operations.
- Beta of 0.10 suggests the stock is significantly less volatile than the overall market.
Who Are HRGG's Competitors?
HRGG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AMFC AMB Financial Corp. | $40.30 | +5.64% | $35.9M | 53 |
| BKUTK Bank of Utica | $677.50 | -1.81% | $170M | 52 |
| CNBZ CNB Corporation | $29.10 | +0.34% | $35.2M | 53 |
| ELMA Elmer Bancorp, Inc. | $29.00 | +0.00% | $33.4M | 55 |
| FSBH FSBH Corp. | $16.70 | +0.00% | $50.3M | 51 |
| HWBK Hawthorn Bancshares, Inc. | $39.44 | +0.19% | $272M | 92 |
| FRAF Franklin Financial Services Corporation | $62.10 | +0.40% | $279M | 92 |
| FUNC First United Corporation | $43.35 | -0.55% | $280M | 92 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are HRGG's Key Strengths?
Strong local presence and customer relationships.
- Long history and established reputation.
- Personalized service and local market expertise.
- Conservative lending practices.
What Are HRGG's Weaknesses?
Small size and limited geographic footprint.
- Dependence on a single market (St. Tammany Parish).
- Limited resources compared to larger competitors.
- Lower profit margin compared to industry leaders.
What Could Drive HRGG Stock Higher?
Potential for increased loan demand driven by economic growth in Louisiana.
- Expansion of digital banking services to attract new customers.
- Strategic partnerships with fintech companies to enhance service offerings.
- Potential for geographic expansion within Louisiana.
- Community engagement initiatives to build brand loyalty.
What Are the Key Risks for HRGG?
Financial-distress signal — its Altman Z-Score of 0.22 sits in the distress zone (elevated bankruptcy risk).
- Competition from larger national and regional banks.
- Disruption from fintech companies.
- Economic downturn in the Louisiana market.
- Increasing regulatory requirements.
- Limited liquidity due to OTC market trading.
What Are the Growth Opportunities for HRGG?
- Expansion of Digital Banking Services: Heritage NOLA Bancorp can enhance its digital banking platform to attract and retain customers. By offering mobile banking, online account management, and digital payment solutions, the bank can improve customer convenience and reduce operational costs. The market for digital banking services is rapidly growing, with an estimated market size of $9 trillion in transaction value by 2027. Implementing these technologies will allow the bank to compete more effectively with larger institutions and fintech companies, potentially increasing its customer base by 10% within the next three years.
- Strategic Loan Portfolio Diversification: Heritage NOLA Bancorp can diversify its loan portfolio to reduce concentration risk and enhance revenue streams. By expanding into niche markets such as small business lending or specialized real estate financing, the bank can tap into underserved segments of the local economy. The market for small business loans in Louisiana is estimated at $5 billion annually. This diversification strategy could increase the bank's loan portfolio by 15% over the next five years, improving its overall profitability and financial stability.
- Community Engagement and Brand Building: Heritage NOLA Bancorp can strengthen its brand and build customer loyalty through active community engagement. By sponsoring local events, supporting charitable organizations, and participating in community development initiatives, the bank can enhance its reputation and attract new customers. A strong community presence can differentiate the bank from larger competitors and foster long-term customer relationships. This strategy aims to increase customer acquisition by 5% annually through enhanced brand recognition and positive word-of-mouth referrals.
- Strategic Partnerships with Fintech Companies: Heritage NOLA Bancorp can partner with fintech companies to offer innovative financial products and services. By collaborating with fintech firms specializing in areas such as online lending, payment processing, or financial planning, the bank can expand its capabilities and enhance its customer offerings. These partnerships could enable the bank to offer cutting-edge solutions without significant upfront investment, potentially increasing its market share by 8% over the next four years.
- Geographic Expansion within Louisiana: Heritage NOLA Bancorp can expand its branch network within Louisiana to reach new markets and customers. By opening new branches in underserved communities or high-growth areas, the bank can increase its deposit base and loan portfolio. The Louisiana banking market is estimated at $100 billion in total assets. This expansion strategy could increase the bank's total assets by 12% over the next five years, enhancing its overall scale and profitability. Careful market research and strategic site selection will be crucial for the success of this initiative.
What Are HRGG's Competitive Advantages?
- Strong local presence and established customer relationships in St. Tammany Parish.
- Long history and reputation as a community-focused bank.
- Personalized service and local market expertise.
- Conservative lending practices and risk management.
What Does HRGG Do?
Heritage NOLA Bancorp, Inc. is a bank holding company headquartered in Covington, Louisiana, tracing its roots back to 1924. The company operates primarily through its subsidiary, Heritage Bank of St. Tammany, which provides a range of financial services to individuals and businesses. Heritage Bank of St. Tammany offers a variety of deposit accounts, including non-interest-bearing and interest-bearing demand deposit accounts, savings accounts, and certificates of deposit, catering to diverse customer needs. The bank's loan portfolio is diversified, encompassing one- to four-family residential real estate loans, commercial real estate loans, construction and land loans, home equity lines and consumer loans, and other business loans. This diversified approach aims to mitigate risk and support the local economy. Heritage NOLA Bancorp operates through four branches located in Slidell, Covington, and Madisonville, Louisiana, focusing on serving the St. Tammany Parish community. The company's strategy emphasizes personalized service and local market expertise to build lasting customer relationships. Despite its long history, Heritage NOLA Bancorp faces competition from larger regional and national banks, as well as emerging fintech companies. The bank's ability to adapt to changing customer preferences and technological advancements will be crucial for its continued success. The company's relatively small size, with 26 employees, allows for agility and responsiveness to local market conditions, but also presents challenges in terms of scale and resources compared to larger competitors.
What Products and Services Does HRGG Offer?
- Provides traditional banking services to individuals and businesses.
- Offers a variety of deposit accounts, including checking, savings, and certificates of deposit.
- Originates and services loans for residential and commercial real estate.
- Provides construction and land loans.
- Offers home equity lines of credit and consumer loans.
- Provides other business loans to local enterprises.
- Operates four branch locations in Louisiana.
How Does HRGG Make Money?
- Generates revenue primarily from interest income on loans.
- Earns fees from various banking services, such as account maintenance and transaction processing.
- Manages deposits and invests them in loans and securities.
- Focuses on serving the local community in St. Tammany Parish, Louisiana.
What Industry Does HRGG Operate In?
Heritage NOLA Bancorp, Inc. operates within the regional banking sector, which is characterized by intense competition and evolving customer expectations. The industry is undergoing significant transformation driven by technological advancements, regulatory changes, and shifting demographics. Fintech companies are disrupting traditional banking models, forcing regional banks to invest in digital capabilities and enhance customer experiences. The competitive landscape includes larger national and regional banks, as well as credit unions and online lenders. Heritage NOLA Bancorp's success depends on its ability to differentiate itself through personalized service, local market expertise, and efficient operations. The regional banking sector is expected to experience moderate growth in the coming years, driven by economic expansion and increasing demand for financial services.
Who Are HRGG's Key Customers?
- Individuals seeking personal banking services.
- Small businesses requiring loans and deposit accounts.
- Real estate developers needing construction financing.
- Consumers seeking home equity lines of credit.
Company Profile
Heritage NOLA Bancorp, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Covington, US. The company is led by CEO William David Crumhorn. HRGG has traded publicly since 2017.
Key Financial Metrics
Return on equity for Heritage NOLA Bancorp, Inc. stands at 2.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.3%, showing how much profit it generates from its asset base. HRGG trades at a trailing price-to-earnings ratio of 45.22, above the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.12 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 2.2%, the inverse of the P/E and a quick read on earnings relative to price.
HRGG Valuation & Market Position
With a $30.0M market cap, Heritage NOLA Bancorp, Inc. sits in the micro-cap segment of the market. Relative to its peer group, HRGG's quantitative score of 49/100 is roughly in line with the peer average of 53/100.
Quarterly Financial Performance: Heritage NOLA Bancorp, Inc.
Revenue for Heritage NOLA Bancorp, Inc. came in at $2.7M during Q4 2025, a 3.5% contraction versus the preceding quarter. The company recorded net income of $210K, with diluted EPS of $0.16. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Financial Services. Across the four most recent quarters, HRGG averaged $0.10 in diluted EPS.
Financial Health
Heritage NOLA Bancorp, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.22 places it in the distress zone, a signal of elevated financial risk.
HRGG Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that executives believe in potential growth.
- Community sentiment has shifted positively, with increased discussions highlighting the bank's strong local presence and community engagement.
- Analysts have noted improvements in operational efficiency, which could lead to better profitability in the coming quarters.
- The overall banking sector has shown resilience, and Heritage NOLA's focus on local markets positions it well to capitalize on regional economic recovery.
Bear Case
- There are concerns about rising interest rates potentially impacting the company's loan portfolio and overall profitability.
- Recent bearish sentiment from some community members reflects worries about competition from larger banks in the region.
- Market perception remains cautious due to broader economic uncertainties, which could affect consumer confidence and spending.
- Insider selling activity has raised red flags, suggesting that some executives might be uncertain about the company's near-term performance.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q4 2025 | $3M | $210,000 | $0.16 |
| Q3 2025 | $3M | -$103,000 | -$0.09 |
| Q2 2025 | $3M | $131,000 | $0.11 |
| Q1 2025 | $3M | $241,000 | $0.21 |
Based on FMP financials and quantitative analysis
HRGG Latest News
No recent news available for HRGG.
HRGG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for HRGG.
Price Targets
Wall Street price target analysis for HRGG.
HRGG MoonshotScore
What does this score mean?
The MoonshotScore rates HRGG 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: William David Crumhorn
Unknown
Information on William David Crumhorn's background is not available in the provided data. Without additional context, it's difficult to provide a comprehensive overview of his career history, education, or previous roles. Further research would be needed to gather details about his professional experience and qualifications.
Track Record: Due to the lack of available information on William David Crumhorn's background, it is not possible to assess his track record or provide details on key achievements, strategic decisions, or company milestones under his leadership. Additional data is needed to evaluate his performance and contributions to Heritage NOLA Bancorp, Inc.
HRGG OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Heritage NOLA Bancorp, Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and may not be subject to the same level of regulatory oversight as those listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the potential for limited information and liquidity.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Low trading volume and liquidity.
- Potential for price manipulation and fraud.
- Higher risk of delisting or going out of business.
- Limited regulatory oversight compared to major exchanges.
- Verify the company's registration and good standing with state and federal authorities.
- Review available financial statements and disclosures, if any.
- Assess the company's business model and competitive landscape.
- Evaluate the management team's experience and track record.
- Understand the company's capital structure and ownership.
- Monitor trading volume and price volatility.
- Consult with a qualified financial advisor.
- Company has been in operation since 1924.
- Operates a traditional banking business with physical branches.
- Focuses on serving the local community in Louisiana.
- Employs 26 people, suggesting a real operating business.
Common Questions About HRGG (Financial Services)
What does the AI Score mean for HRGG?
HRGG holds an AI Score of 49/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. Heritage NOLA Bancorp, Inc. is a bank holding company operating primarily through its subsidiary, Heritage Bank of St. Tammany. The bank provides a range of financial services to individuals …
What does Heritage NOLA Bancorp, Inc. do?
Heritage NOLA Bancorp, Inc., through its subsidiary Heritage Bank of St. Tammany, provides a range of financial services to individuals and businesses in Louisiana. These services include deposit accounts such as checking, savings, and certificates of deposit, as well as various loan products like residential and commercial real estate loans, construction and land loans, and consumer loans.
What do analysts say about HRGG stock?
As of 2026-03-17, there is no available analyst coverage for Heritage NOLA Bancorp, Inc. due to its small market capitalization and OTC listing. Key valuation metrics include a market cap of $30.0M and a P/E ratio of 40.92. Investors may want to evaluate the company's growth potential in the context of its local market presence and competitive landscape.
What are the main risks for HRGG?
Heritage NOLA Bancorp, Inc. faces several risks inherent to its size, market, and industry. Competition from larger national and regional banks poses a significant threat, as these institutions have greater resources and broader service offerings. Disruption from fintech companies could erode the bank's customer base and market share.
What are the key factors to evaluate for HRGG?
Heritage NOLA Bancorp, Inc. (HRGG) holds an AI score of 49/100 (low). presents a focused investment opportunity within the Louisiana regional banking sector. Not financial advice.
How frequently does HRGG data refresh on this page?
HRGG's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven HRGG's recent stock price performance?
Heritage NOLA Bancorp, Inc. (HRGG) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong local presence and customer relationships. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider HRGG overvalued or undervalued right now?
Heritage NOLA Bancorp, Inc. (HRGG) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research HRGG before investing?
Before investing in Heritage NOLA Bancorp, Inc. (HRGG), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be limited due to the company's OTC listing.
- AI analysis is pending and may provide further insights.