HTBK FY 2019 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

FY 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$153M+9.7% YoY

Gross Profit

$141M92.4% margin

Operating Income

$56M36.8% margin

Net Income

$40M26.5% margin

EPS (Diluted)

$0.84

Cash Flow

Operating Cash Flow

$50M

Free Cash Flow

$50M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$3.5B

Stockholders' Equity

$577M

Cash & Equivalents

$457M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$153M	$139M	+9.7%
Gross Profit	$141M	$124M	+13.7%
Operating Income	$56M	$49M	+15.7%
Net Income	$40M	$35M	+14.5%