HTBK Q3 2017 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

Q3 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$30M+16.1% YoY

Gross Profit

$29M94.2% margin

Operating Income

$14M45.5% margin

Net Income

$9M28.2% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

+7.1%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$426,000

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.6B

Stockholders' Equity

$275M

Cash & Equivalents

$346M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$30M	$26M	+16.1%
Gross Profit	$29M	$25M	+14.1%
Operating Income	$14M	$11M	+27.8%
Net Income	$9M	$7M	+26.9%