HTBK Q1 2017 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

Q1 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$27M+5.1% YoY

Gross Profit

$26M95.6% margin

Operating Income

$10M38.8% margin

Net Income

$7M24.2% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$437,000

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.4B

Stockholders' Equity

$264M

Cash & Equivalents

$288M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$27M	$26M	+5.1%
Gross Profit	$26M	$25M	+5.2%
Operating Income	$10M	$10M	+6.5%
Net Income	$7M	$6M	+7.1%