HTBK Q3 2021 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

Q3 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$42M+8.9% YoY

Gross Profit

$41M97.1% margin

Operating Income

$19M45.5% margin

Net Income

$14M32.4% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+10.0%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$18M

Stock-Based Comp.

$672,000

Balance Sheet

Total Assets

$5.5B

Total Liabilities

$4.9B

Stockholders' Equity

$590M

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$42M	$39M	+8.9%
Gross Profit	$41M	$37M	+12.4%
Operating Income	$19M	$15M	+25.2%
Net Income	$14M	$11M	+22.5%

Revenue Segments

Service Charges And Fees On Deposit Accounts

$584,000100%