HTBK
Income statement / Annual
Last year (2023), Heritage Commerce Corp's total revenue was $191.47 M,
an increase of 0.78% from the previous year.
In 2023, Heritage Commerce Corp's net income was $64.44 M.
See Heritage Commerce Corp,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$191.47 M
|
$189.99 M
|
$155.81 M
|
$151.81 M
|
$142.06 M
|
$131.60 M
|
$111.14 M
|
$102.85 M
|
$85.31 M
|
$64.85 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.02 M |
$760,000.00 |
| Gross Profit |
$191.47 M |
$189.99 M |
$155.81 M |
$151.81 M |
$142.06 M |
$131.60 M |
$111.14 M |
$102.85 M |
$84.29 M |
$64.09 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
0.99 |
0.99 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$4.35 M
|
$55.33 M
|
$51.86 M
|
$50.93 M
|
$50.75 M
|
$45.00 M
|
$37.03 M
|
$34.66 M
|
$35.15 M
|
$26.25 M
|
| Selling & Marketing
Expenses |
$66.35 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$70.70 M
|
$55.33 M
|
$51.86 M
|
$50.93 M
|
$50.75 M
|
$45.00 M
|
$37.03 M
|
$34.66 M
|
$35.15 M
|
$26.25 M
|
| Other Expenses |
$0.00 |
-$29.89 M |
-$141.81 M |
-$153.67 M |
-$136.50 M |
-$124.89 M |
-$18.46 M |
-$18.60 M |
$0.00 |
$0.00 |
| Operating Expenses |
$70.70 M |
$5.02 M |
-$89.94 M |
-$102.74 M |
-$85.74 M |
-$75.12 M |
$2.98 M |
$3.47 M |
$1.83 M |
$1.89 M |
| Cost And Expenses |
$70.70 M |
$5.02 M |
-$89.94 M |
-$102.74 M |
-$85.74 M |
-$75.12 M |
$2.98 M |
$3.47 M |
$2.85 M |
$2.65 M |
| Interest Income |
$234.30 M |
$188.83 M |
$153.26 M |
$150.47 M |
$142.66 M |
$129.85 M |
$106.91 M |
$94.43 M |
$78.74 M |
$59.26 M |
| Interest Expense |
$51.07 M |
$8.95 M |
$7.13 M |
$8.58 M |
$10.85 M |
$7.82 M |
$5.39 M |
$3.21 M |
$2.42 M |
$2.15 M |
| Depreciation &
Amortization |
$3.52 M
|
$3.76 M
|
$4.07 M
|
$4.70 M
|
$3.59 M
|
$2.70 M
|
$2.15 M
|
$2.33 M
|
$1.73 M
|
$1.24 M
|
| EBITDA |
$93.94 M
|
$98.12 M
|
$69.94 M
|
$53.77 M
|
$59.90 M
|
$51.35 M
|
$53.01 M
|
$46.30 M
|
$28.95 M
|
$22.20 M
|
| EBITDA Ratio |
0.49 |
0.56 |
0.45 |
0.35 |
0.42 |
0.45 |
0.52 |
0.48 |
0.36 |
0.38 |
| Operating Income Ratio
|
0.47
|
0.54
|
0.42
|
0.32
|
0.4
|
0.43
|
0.5
|
0.46
|
0.34
|
0.36
|
| Total Other
Income/Expenses Net |
$0.00
|
-$24.87 M
|
-$26.28 M
|
-$25.58 M
|
-$30.82 M
|
-$27.95 M
|
-$17.46 M
|
-$15.29 M
|
-$20.29 M
|
-$12.03 M
|
| Income Before Tax |
$90.42 M |
$94.37 M |
$65.87 M |
$49.07 M |
$56.31 M |
$48.66 M |
$50.50 M |
$43.97 M |
$26.60 M |
$20.97 M |
| Income Before Tax Ratio
|
0.47
|
0.5
|
0.42
|
0.32
|
0.4
|
0.37
|
0.45
|
0.43
|
0.31
|
0.32
|
| Income Tax Expense |
$25.98 M |
$27.81 M |
$18.17 M |
$13.77 M |
$15.85 M |
$13.32 M |
$26.55 M |
$16.59 M |
$10.10 M |
$7.54 M |
| Net Income |
$64.44 M |
$66.56 M |
$47.70 M |
$35.30 M |
$40.46 M |
$35.33 M |
$23.95 M |
$27.38 M |
$16.50 M |
$13.43 M |
| Net Income Ratio |
0.34 |
0.35 |
0.31 |
0.23 |
0.28 |
0.27 |
0.22 |
0.27 |
0.19 |
0.21 |
| EPS |
1.06 |
1.1 |
0.79 |
0.59 |
0.87 |
0.85 |
0.63 |
0.81 |
0.58 |
0.51 |
| EPS Diluted |
1.05 |
1.09 |
0.79 |
0.59 |
0.84 |
0.84 |
0.62 |
0.8 |
0.57 |
0.51 |
| Weighted Average Shares
Out |
$61.04 M
|
$60.60 M
|
$60.13 M
|
$59.48 M
|
$46.68 M
|
$41.47 M
|
$38.10 M
|
$33.93 M
|
$28.57 M
|
$26.39 M
|
| Weighted Average Shares
Out Diluted |
$61.31 M
|
$61.09 M
|
$60.69 M
|
$60.17 M
|
$47.91 M
|
$42.18 M
|
$38.61 M
|
$34.22 M
|
$28.79 M
|
$26.53 M
|
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