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Heritage Commerce Corp HTBK
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 9.225
-0.649 %
$ 568 M
Market Cap
13.5
P/E
INCOME STATEMENT
170 M REVENUE
-11.08%
Growth Rates
1Year -11.08%
3Years 3.00%
5Years 3.69%
7Years 6.28%
10Years 10.13%
90.7 M OPERATING INCOME
0.27%
Growth Rates
1Year 0.27%
3Years 11.24%
5Years 9.99%
7Years 7.21%
10Years 14.64%
40.5 M NET INCOME
-37.11%
Growth Rates
1Year -37.11%
3Years -5.29%
5Years 0.03%
7Years 7.88%
10Years 11.68%
EFFICIENCY
Earnings Waterfall Heritage Commerce Corp
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Revenue 170 M
Cost Of Revenue 0
Gross Profit 170 M
Operating Expenses 79.6 M
Operating Income 90.7 M
Other Expenses 50.1 M
Net Income 40.5 M
180m180m160m160m140m140m120m120m100m100m80m80m60m60m40m40m20m20m00170m0170m(80m)91m(50m)41mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income

Income Statement

Millions
Dec-2024 Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014 Dec-2013 Dec-2012 Dec-2011 Dec-2010 Dec-2009 Dec-2008 Dec-2007 Dec-2006 Mar-2006 Dec-2004 Dec-2003 Dec-2002 Dec-2001 Dec-2000 Dec-1999 Dec-1998 Dec-1997
REVENUE
Revenue 170.3 191.5 190.0 155.8 151.8 142.1 131.6 111.1 102.8 85.3 64.8 57.4 57.2 54.6 53.3 54.0 58.3 59.8 60.3 57.3 53.0 48.5 46.5 46.9 45.7 25.7 20.7 1.6
GROSS PROFIT
Cost Of Revenue 0 0 0 0 0 0 0 0 0 1.0 0.8 0.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 170.3 191.5 190.0 155.8 151.8 142.1 131.6 111.1 102.8 84.3 64.1 56.7 57.2 54.6 53.3 54.0 58.3 59.8 60.3 57.3 53.0 48.5 46.5 46.9 45.7 25.7 20.7 1.6
OPERATING INCOME
Operating Expenses 79.6 70.7 5.0 (89.9) (102.7) (85.7) (75.1) 3.0 3.5 1.8 1.9 2.6 3.3 3.3 4.4 4.3 3.8 3.4 2.8 (19.6) (31.7) (27.2) (20.6) (10.9) (12.1) (10.7) (9.2) 5.0
Selling, General and Administrative Expenses 79.6 70.7 55.3 51.9 50.9 50.8 45.0 37.0 34.7 35.1 26.2 23.4 21.7 21.9 25.2 26.4 23.5 22.3 20.5 20.8 19.8 18.7 18.9 19.2 18.5 11.4 8.5 0.5
Research and Development Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income 90.7 90.4 103.3 65.9 49.1 56.3 56.5 55.7 47.2 29.0 23.1 19.1 18.4 16.4 (51.1) (8.4) 24.8 49.2 9 K 37.6 21.3 21.3 25.9 36.0 33.6 15.0 11.5 6.6
PRE-TAX INCOME
Interest Income Expense 0 51.1 8.9 7.1 8.6 10.8 7.8 5.4 3.2 2.4 2.2 2.6 4.2 5.9 10.5 16.3 24.4 27.0 22.5 15.9 9.6 10.0 15.2 24.4 25.1 10.4 8.0 4.2
Total Other Income (34.0) 0 (24.9) (26.3) (25.6) (30.8) (27.9) (17.5) (15.3) (20.3) (12.0) 0 (0.6) (1.3) (1.4) (16.3) 0 0 0 0.3 (4.2) (10.0) (15.2) (24.4) (25.1) (10.4) (8.0) (4.2)
Pre-Tax Income 56.7 90.4 94.4 65.9 49.1 56.3 48.7 50.5 44.0 26.6 21.0 16.5 14.2 10.5 (61.6) (24.7) 0.4 22.2 26.5 21.7 11.7 11.3 10.7 11.7 8.5 4.6 3.5 2.4
NET INCOME
Tax Provision 16.1 26.0 27.8 18.2 13.8 15.9 13.3 26.5 16.6 10.1 7.5 5.0 4.3 (0.8) (5.8) (12.7) (1.4) 8.1 9.2 7.3 3.2 3.5 3.5 4.4 3.0 1.6 1.3 0.8
Net Income 40.5 64.4 66.6 47.7 35.3 40.5 35.3 24.0 27.4 16.5 13.4 11.5 9.9 11.4 (55.9) (12.0) 1.8 14.1 17.3 14.4 8.5 7.8 7.2 7.3 5.4 3.0 2.2 1.6
EPS 0.66 1.06 1.1 0.79 0.59 0.87 0.85 0.63 0.81 0.58 0.51 0.36 0.38 0.43 2.13 1.01 0.15 1.14 1.47 1.22 0.73 0.69 0.65 0.66 0.49 0.42 0.21 0.29