HTBK Q4 2017 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

Q4 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$31M+13.6% YoY

Gross Profit

$29M95.4% margin

Operating Income

$14M45.5% margin

Net Income

$1M4.1% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$433,000

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.6B

Stockholders' Equity

$271M

Cash & Equivalents

$316M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$27M	+13.6%
Gross Profit	$29M	$26M	+13.0%
Operating Income	$14M	$12M	+20.0%
Net Income	$1M	$7M	-82.6%