HTBK FY 2021 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$758M

FY 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$163M+1.6% YoY

Gross Profit

$159M97.5% margin

Operating Income

$66M40.4% margin

Net Income

$48M29.3% margin

EPS (Diluted)

$0.79

Cash Flow

Operating Cash Flow

$57M

Free Cash Flow

$57M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.5B

Total Liabilities

$4.9B

Stockholders' Equity

$598M

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$163M	$160M	+1.6%
Gross Profit	$159M	$139M	+14.7%
Operating Income	$66M	$49M	+34.2%
Net Income	$48M	$35M	+35.1%