HTBK FY 2016 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

FY 2016 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$106M+20.9% YoY

Gross Profit

$102M95.8% margin

Operating Income

$44M41.5% margin

Net Income

$27M25.8% margin

EPS (Diluted)

$0.72

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$25M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.3B

Stockholders' Equity

$260M

Cash & Equivalents

$266M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$106M	$88M	+20.9%
Gross Profit	$102M	$85M	+19.2%
Operating Income	$44M	$27M	+65.3%
Net Income	$27M	$16M	+66.0%