HTBK FY 2013 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$748M

FY 2013 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$59M-2.5% YoY

Gross Profit

$58M97.0% margin

Operating Income

$18M29.9% margin

Net Income

$12M19.5% margin

EPS (Diluted)

$0.36

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$16M

Stock-Based Comp.

$793,000

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.3B

Stockholders' Equity

$173M

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$61M	-2.5%
Gross Profit	$58M	$54M	+6.8%
Operating Income	$18M	$15M	+15.2%
Net Income	$12M	$10M	+16.5%