HTBK Q2 2017 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

Q2 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$28M+4.6% YoY

Gross Profit

$27M96.0% margin

Operating Income

$12M42.3% margin

Net Income

$7M26.2% margin

EPS (Diluted)

$0.19

QoQ Revenue Growth

+5.2%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$4M

Stock-Based Comp.

$454,000

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$2.5B

Stockholders' Equity

$269M

Cash & Equivalents

$266M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$28M	$27M	+4.6%
Gross Profit	$27M	$26M	+4.7%
Operating Income	$12M	$12M	+3.0%
Net Income	$7M	$7M	+2.1%