HTBK Q4 2020 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$758M

Q4 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$38M-14.9% YoY

Gross Profit

$38M98.5% margin

Operating Income

$16M42.0% margin

Net Income

$12M30.4% margin

EPS (Diluted)

$0.19

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$23M

Stock-Based Comp.

$575,000

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$4.1B

Stockholders' Equity

$578M

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$45M	-14.9%
Gross Profit	$38M	$38M	-2.1%
Operating Income	$16M	$8M	+106.5%
Net Income	$12M	$6M	+104.5%

Revenue Segments

Service Charges And Fees On Deposit Accounts

$608,000100%