HTBK FY 2020 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

FY 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$160M+4.9% YoY

Gross Profit

$139M86.4% margin

Operating Income

$49M30.6% margin

Net Income

$35M22.0% margin

EPS (Diluted)

$0.59

Cash Flow

Operating Cash Flow

$57M

Free Cash Flow

$54M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$4.1B

Stockholders' Equity

$578M

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$160M	$153M	+4.9%
Gross Profit	$139M	$141M	-1.9%
Operating Income	$49M	$56M	-12.9%
Net Income	$35M	$40M	-12.8%