HTBK FY 2008 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$750M

FY 2008 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$83M-4.6% YoY

Gross Profit

$43M51.7% margin

Operating Income

$375,0000.5% margin

Net Income

$2M2.1% margin

EPS (Diluted)

$0.13

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$19M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.3B

Stockholders' Equity

$184M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$83M	$87M	-4.6%
Gross Profit	$43M	$60M	-28.4%
Operating Income	$375,000	$22M	-98.3%
Net Income	$2M	$14M	-87.5%