HTBK Q3 2020 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

Q3 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$39M+8.3% YoY

Gross Profit

$37M94.1% margin

Operating Income

$15M39.6% margin

Net Income

$11M28.8% margin

EPS (Diluted)

$0.19

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$8M

Stock-Based Comp.

$575,000

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$4.0B

Stockholders' Equity

$578M

Cash & Equivalents

$960M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$39M	$36M	+8.3%
Gross Profit	$37M	$34M	+8.1%
Operating Income	$15M	$16M	-3.2%
Net Income	$11M	$11M	-0.7%

Revenue Segments

Service Charges And Fees On Deposit Accounts

$632,000100%