HTBK Q3 2019 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

Q3 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$36M-2.6% YoY

Gross Profit

$34M94.3% margin

Operating Income

$16M44.4% margin

Net Income

$11M31.4% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

-1.1%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$16M

Stock-Based Comp.

$521,000

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.8B

Stockholders' Equity

$395M

Cash & Equivalents

$416M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$37M	-2.6%
Gross Profit	$34M	$35M	-3.6%
Operating Income	$16M	$17M	-8.3%
Net Income	$11M	$12M	-8.9%