HTBK FY 2022 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$758M

FY 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$199M+22.1% YoY

Gross Profit

$189M95.1% margin

Operating Income

$94M47.4% margin

Net Income

$67M33.5% margin

EPS (Diluted)

$1.09

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$69M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$4.5B

Stockholders' Equity

$632M

Cash & Equivalents

$307M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$199M	$163M	+22.1%
Gross Profit	$189M	$159M	+19.0%
Operating Income	$94M	$66M	+43.3%
Net Income	$67M	$48M	+39.5%