HTBK Q4 2019 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$741M

Q4 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$45M+18.8% YoY

Gross Profit

$38M85.6% margin

Operating Income

$8M17.3% margin

Net Income

$6M12.7% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+25.1%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$14M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$3.5B

Stockholders' Equity

$577M

Cash & Equivalents

$457M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$45M	$38M	+18.8%
Gross Profit	$38M	$35M	+8.7%
Operating Income	$8M	$18M	-57.7%
Net Income	$6M	$13M	-57.0%