HTBK Q3 2018 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

Q3 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$37M+21.0% YoY

Gross Profit

$35M95.3% margin

Operating Income

$17M47.1% margin

Net Income

$12M33.6% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$17M

Stock-Based Comp.

$487,000

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.8B

Stockholders' Equity

$354M

Cash & Equivalents

$381M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$30M	+21.0%
Gross Profit	$35M	$29M	+22.4%
Operating Income	$17M	$14M	+25.5%
Net Income	$12M	$9M	+44.2%

Revenue Segments

Service Charges And Fees On Deposit Accounts

$551,00065%

Other Non Interest Income In Scope Of Topic606

$179,00021%

Interchange Revenues

$83,00010%

Merchant Services Revenue

$39,0005%