HTBK FY 2017 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

FY 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$117M+9.9% YoY

Gross Profit

$111M95.3% margin

Operating Income

$50M43.2% margin

Net Income

$24M20.4% margin

EPS (Diluted)

$0.62

Cash Flow

Operating Cash Flow

$41M

Free Cash Flow

$41M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.6B

Stockholders' Equity

$271M

Cash & Equivalents

$316M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$117M	$106M	+9.9%
Gross Profit	$111M	$102M	+9.3%
Operating Income	$50M	$44M	+14.4%
Net Income	$24M	$27M	-13.0%