HTBK FY 2018 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

FY 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$139M+19.6% YoY

Gross Profit

$124M89.1% margin

Operating Income

$49M34.9% margin

Net Income

$35M25.3% margin

EPS (Diluted)

$0.84

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$48M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.7B

Stockholders' Equity

$367M

Cash & Equivalents

$165M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$139M	$117M	+19.6%
Gross Profit	$124M	$111M	+11.8%
Operating Income	$49M	$50M	-3.3%
Net Income	$35M	$24M	+48.3%