HTBK Q4 2024 Earnings — Heritage Commerce Corp Revenue & Financial Results | Market Cap Arena

HTBKHeritage Commerce Corp

$758M

Q4 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$69M+11.0% YoY

Gross Profit

$48M68.6% margin

Operating Income

$15M21.3% margin

Net Income

$11M15.3% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+10.3%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$16M

Stock-Based Comp.

$724,000

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$5.0B

Stockholders' Equity

$690M

Cash & Equivalents

$968M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$69M	$62M	+11.0%
Gross Profit	$48M	$46M	+4.3%
Operating Income	$15M	$18M	-20.2%
Net Income	$11M	$13M	-20.3%

Revenue Segments

Service charges and fees on deposit accounts

$2M100%