HTBK FY 2011 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$732M

FY 2011 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$60M-6.1% YoY

Gross Profit

$50M82.7% margin

Operating Income

$11M17.6% margin

Net Income

$11M19.0% margin

EPS (Diluted)

$0.28

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$21M

Stock-Based Comp.

$641,000

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.1B

Stockholders' Equity

$198M

Cash & Equivalents

$73M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$60M	$64M	-6.1%
Gross Profit	$50M	$27M	+87.0%
Operating Income	$11M	-$62M	+117.1%
Net Income	$11M	-$56M	+120.4%