HTBK Q4 2021 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$758M

Q4 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$43M+11.9% YoY

Gross Profit

$42M97.1% margin

Operating Income

$19M45.1% margin

Net Income

$14M32.7% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$17M

Stock-Based Comp.

$673,000

Balance Sheet

Total Assets

$5.5B

Total Liabilities

$4.9B

Stockholders' Equity

$598M

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$43M	$38M	+11.9%
Gross Profit	$42M	$38M	+10.4%
Operating Income	$19M	$16M	+20.3%
Net Income	$14M	$12M	+20.1%

Revenue Segments

Service charges and fees on deposit accounts

$644,000100%