HTBK FY 2007 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$750M

FY 2007 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$87M+4.8% YoY

Gross Profit

$60M68.9% margin

Operating Income

$22M25.6% margin

Net Income

$14M16.2% margin

EPS (Diluted)

$1.12

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$34M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.2B

Stockholders' Equity

$165M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$87M	$83M	+4.8%
Gross Profit	$60M	$61M	-1.7%
Operating Income	$22M	$27M	-16.1%
Net Income	$14M	$17M	-18.4%