Heritage Commerce Corp (HTBK)

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8.96

-0.15 (-1.65%)

At close: Apr 25, 2025, 3:59 PM

8.96

0.06%

After-hours: Apr 25, 2025, 04:05 PM EDT

Heritage Commerce Corp Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	128.35M	170.26M	186.03M	191.61M	198.72M	208.79M	202.49M	205.72M	157.89M	146.54M	132.95M	122.72M	159.24M	155.81M	151.16M	147.32M	147.3M	151.81M	157.17M	153.66M	150.32M	142.06M	135.89M	137.3M	136.56M	131.6M	125.15M	119.28M	113.56M	111.14M	108.29M	104.87M	104.05M	102.84M	101.65M	98.04M	91.44M
Cost of Revenue	n/a	n/a	60.81M	108.39M	156.76M	156.76M	95.95M	48.36M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	261K	530K	789K
Gross Profit	128.35M	170.26M	125.22M	83.22M	41.96M	52.03M	106.54M	157.36M	157.89M	146.54M	132.95M	122.72M	159.24M	155.81M	151.16M	147.32M	147.3M	151.81M	157.17M	153.66M	150.32M	142.06M	135.89M	137.3M	136.56M	131.6M	125.15M	119.28M	113.56M	111.14M	108.29M	104.87M	104.05M	102.84M	101.39M	97.51M	90.65M
Operating Income	68.03M	90.66M	66.82M	44.42M	22.74M	32.8M	65.72M	93.74M	116.37M	103.31M	91.53M	84.48M	75.35M	73M	69.84M	66.32M	69.89M	57.65M	50.67M	51.73M	53.19M	67.16M	76.83M	77.81M	61.96M	56.48M	51.47M	47.43M	57.92M	55.69M	52.51M	48.69M	47.93M	47.18M	-53.3M	-58.69M	-63.42M
Interest Income	61.83K	n/a	58.89K	60.85M	119.19M	175.46M	230.6M	219.98M	205.2M	188.83M	173.59M	163.32M	156.4M	153.26M	149.44M	145.79M	146.29M	150.47M	156.8M	153.79M	150.15M	142.66M	135.57M	136.93M	135.42M	129.84M	122.62M	115.96M	110.09M	106.91M	102.75M	98.67M	96.07M	94.43M	93.34M	89.77M	84.44M
Pretax Income	42.27M	56.67M	60.4M	68.2M	78.25M	90.42M	101.44M	105.11M	102.96M	94.37M	84.19M	77.54M	68.34M	65.87M	62.62M	58.74M	61.87M	49.07M	40.79M	41.3M	42.39M	56.31M	66.91M	68.35M	53.26M	48.66M	44.46M	40.94M	52.08M	50.5M	47.97M	44.95M	44.61M	43.97M	39.56M	34.37M	29.86M
Net Income	30.37M	40.53M	43.23M	48.52M	55.69M	64.44M	71.91M	74.19M	72.61M	66.56M	59.72M	55.37M	49.36M	47.7M	45.36M	42.84M	44.64M	35.3M	29.36M	29.44M	30.18M	40.46M	48.01M	49.11M	38.67M	35.33M	23.36M	19.57M	26.1M	23.83M	29.79M	27.16M	25.93M	24.59M	21.14M	18.08M	15.57M
Selling & General & Admin	60.32M	79.59M	58.41M	52.98M	47.41M	42.94M	56.86M	56.83M	56.32M	55.33M	54.29M	52.63M	51.73M	51.86M	51.45M	50.95M	50.68M	50.93M	57.29M	55.79M	54.19M	50.75M	41.63M	41.89M	45.99M	45M	44.56M	42.92M	37.32M	37.03M	36.37M	35.67M	35.2M	34.66M	35.09M	37.08M	36.05M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	n/a	n/a	-9.21M	-17.93M	-26.51M	-34.7M	18.18M	19.53M	13.74M	-12.88M	-14.15M	-13.51M	-6.12M	28.7M	24.76M	31.49M	38.47M	38.47M	31.93M	31.93M	31.93M	31.93M	35.3M	35.3M	35.3M	35.3M	27.77M	27.77M	27.77M	27.77M	26.05M	26.05M	26.05M	26.05M	n/a	n/a	n/a
Operating Expenses	60.32M	79.59M	67.62M	48.04M	28.49M	10.61M	5.12M	6.35M	7.64M	-14.76M	-12.58M	-12.6M	-12.12M	10.6M	10.04M	12.77M	13.59M	13.3M	11.23M	8.07M	6.24M	5.62M	4.33M	4.26M	3.8M	3.66M	4.68M	4.65M	5.03M	5.42M	5.91M	6.3M	6.34M	6.09M	31.01M	30.8M	30.54M
Interest Expense	18.47K	n/a	538K	15.96M	28M	35.02M	37.94M	24.65M	14.28M	8.95M	7.34M	6.93M	7.01M	7.13M	7.22M	7.59M	8.02M	8.58M	9.88M	10.42M	10.8M	10.85M	9.92M	9.46M	8.7M	7.82M	7.21M	6.69M	6.04M	5.39M	4.55M	3.74M	3.32M	3.21M	3.1M	2.9M	2.67M
Selling & Marketing Expenses	56.23M	74.18M	54.71M	36.44M	17.95M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-689K	-427K	-211K
Cost & Expenses	60.32M	79.59M	100.78M	81.21M	61.65M	43.77M	5.12M	6.35M	7.64M	-14.76M	-12.58M	-12.6M	-12.12M	10.6M	10.04M	12.77M	13.59M	13.3M	11.23M	8.07M	6.24M	5.62M	4.33M	4.26M	3.8M	3.66M	4.68M	4.65M	5.03M	5.42M	5.91M	6.3M	6.34M	6.09M	31.27M	31.33M	31.33M
Income Tax Expense	11.9M	16.15M	17.17M	19.68M	22.56M	25.98M	29.53M	30.92M	30.36M	27.81M	24.47M	22.17M	18.98M	18.17M	17.26M	15.9M	17.22M	13.77M	11.43M	11.86M	12.21M	15.85M	18.9M	19.25M	14.59M	13.32M	20.98M	21.25M	25.85M	26.55M	18.18M	16.99M	16.8M	16.59M	14.97M	13.09M	11.4M
Shares Outstanding (Basic)	61.48M	61.32M	61.3M	61.28M	61.19M	61.12M	61.09M	61.04M	60.91M	60.79M	60.69M	60.54M	60.39M	60.3M	60.22M	60.09M	59.93M	59.62M	59.59M	59.42M	59.29M	57.17M	43.26M	43.2M	43.11M	43.08M	43.23M	41.93M	38.24M	38.2M	38.15M	38.07M	37.96M	37.93M	33.4M	32.24M	32.13M
Shares Outstanding (Diluted)	61.71M	61.68M	61.55M	61.44M	61.47M	61.41M	61.44M	61.27M	61.27M	61.36M	61.12M	60.97M	60.92M	60.84M	60.76M	60.73M	60.4M	60.25M	60.14M	60.11M	60.19M	58.36M	43.8M	43.72M	43.67M	43.69M	43.73M	42.51M	38.81M	38.74M	38.58M	38.58M	38.49M	38.27M	33.69M	32.51M	32.38M
EPS (Basic)	0.68	0.66	0.71	0.80	0.92	1.06	1.18	1.22	1.19	1.09	0.98	0.91	0.82	0.80	0.76	0.72	0.75	0.59	0.50	0.57	0.65	0.90	1.11	1.14	0.90	0.85	0.58	0.51	0.69	0.63	0.78	0.76	0.79	0.81	0.76	0.68	0.62
EPS (Diluted)	0.68	0.66	0.71	0.80	0.92	1.06	1.18	1.22	1.19	1.09	0.98	0.91	0.82	0.80	0.76	0.72	0.75	0.59	0.50	0.57	0.65	0.90	1.10	1.12	0.88	0.83	0.57	0.51	0.68	0.62	0.77	0.75	0.78	0.80	0.75	0.67	0.62
EBITDA	n/a	n/a	n/a	n/a	n/a	27.46M	57.88M	84.74M	106.65M	98.12M	87.37M	80.83M	71.7M	69.26M	66.85M	63.14M	66.46M	49.95M	32.7M	32.76M	33.4M	50.8M	69.96M	71.47M	54.73M	49.82M	45.78M	41.94M	54.59M	53.12M	50.23M	47.31M	34.66M	23.65M	11.41M	n/a	n/a
EBIT	13.63M	28.02M	27.1M	11.77M	11.77M	23.94M	54.32M	81.12M	102.96M	94.37M	83.51M	76.87M	67.66M	65.19M	62.61M	58.74M	61.87M	45.25M	27.87M	28.39M	29.47M	47.21M	66.91M	68.35M	51.73M	47.12M	43.4M	39.88M	52.55M	50.97M	47.97M	44.95M	32.35M	21.32M	9.13M	-2.13M	-1.91M
Depreciation & Amortization	n/a	n/a	889K	1.77M	2.65M	3.52M	3.56M	3.62M	3.69M	3.76M	3.86M	3.96M	4.03M	4.07M	4.24M	4.4M	4.59M	4.7M	4.83M	4.37M	3.93M	3.58M	3.05M	3.12M	3M	2.7M	2.38M	2.06M	2.05M	2.15M	2.26M	2.36M	2.31M	2.33M	2.29M	2.13M	1.91M