HTBK Q4 2018 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

Q4 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$38M+23.0% YoY

Gross Profit

$35M93.5% margin

Operating Income

$18M48.6% margin

Net Income

$13M35.0% margin

EPS (Diluted)

$0.30

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$15M

Stock-Based Comp.

$468,000

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.7B

Stockholders' Equity

$367M

Cash & Equivalents

$165M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$31M	+23.0%
Gross Profit	$35M	$29M	+20.5%
Operating Income	$18M	$14M	+31.4%
Net Income	$13M	$1M	+951.8%