HTBK Q2 2021 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

Q2 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$38M-1.9% YoY

Gross Profit

$37M96.7% margin

Operating Income

$12M30.6% margin

Net Income

$9M22.9% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$11M

Stock-Based Comp.

$584,000

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$4.5B

Stockholders' Equity

$583M

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$39M	-1.9%
Gross Profit	$37M	$36M	+3.6%
Operating Income	$12M	$15M	-21.0%
Net Income	$9M	$11M	-17.0%

Revenue Segments

Service Charges And Fees On Deposit Accounts

$659,000100%