Heritage Commerce Annual Income Statement (NASDAQ:HTBK)

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$14.14 $0.14 (1%) HTBK stock closing price Jan 20, 2017 (Closing)

Looking at financial statements, along with the Heritage Commerce stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis.   The income statement gives the investor an understanding of the topline and bottomline numbers of the company and helps investors evaluate if a company has been growing or not. The income statement for HTBK which implies a YoY revenue growth of $20.72M is specific to a period of time. Investors typically check YoY or QoQ revenue growth. 2015 revenue is $87.72M and has increased from $67M year on year as is evident when you compare the latest figures in the latest Heritage Commerce profit and loss statement with those of the prior corresponding period. (See also:Heritage Commerce assets and Heritage Commerce free cash flow) Heritage Commerce revenue for 2015 is $87.72M. View revenue and profit details for latest and last 10 financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Heritage Commerce Net Sales or Revenues
87.72M67M60M61.43M60.45M63.82M70.32M82.74M86.76M82.79M
Cost Of Goods Sold (COGS)2.4M2.03M2.36M2.8M3.94M8.08M13.46M20.03M24.21M19.58M
Heritage Commerce Gross Profit
85.32M64.97M57.63M58.63M56.51M55.73M56.85M62.71M62.55M63.2M
Research & Development Expense----------
Selling General & Admin Expense58.7M42.98M40.9M43.04M42.97M70.67M74.31M56.32M37.17M34.26M
Income Before Depreciation Depletion Amortization26.62M21.98M16.72M15.59M13.53M-14.93M-17.45M6.39M25.37M28.94M
Depreciation Depletion Amortization-----43.18M3.45M0.74M0.35M-
Non Operating Income-0.89M---1.06M-1.08M-0.92M-0.86M0.01M0.5M
Interest Expense0.01M0.12M0.23M1.38M1.93M2.42M2.86M4.4M2.8M2.93M
Heritage Commerce Pretax Income
26.6M20.96M16.49M14.2M10.53M-61.62M-24.69M0.37M22.23M26.5M
Provision for Income Taxes10.1M7.53M4.95M4.29M-0.83M-5.76M-12.7M-1.38M8.13M9.23M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations16.49M13.42M11.54M9.9M11.37M-55.85M-11.98M1.76M14.09M17.27M
Extraordinary Items & Discontinued Operations----------
Heritage Commerce Net Income (Profit/Loss)
16.49M13.42M11.54M9.9M11.37M-55.85M-11.98M1.76M14.09M17.27M
Average Shares used to compute Diluted EPS28.79M26.53M31.95M31.92M31.9M16M11.82M12.04M12.59M11.75M
Average Shares used to compute Basic EPS28.57M26.39M31.95M31.92M31.9M16M11.82M12M12.78M11.75M
Income Before Nonrecurring Items16.5M13.43M11.54M8.7M11.37M-12.68M-11.99M1.76M14.08M17.27M
Income from Nonrecurring Items------43.18M--0.02M-
Heritage Commerce Earnings Per Share Basic Net
0.480.420.360.270.28-3.64-1.210.131.141.47
Heritage Commerce Earnings Per Share Diluted Net
0.480.420.360.270.28-3.64-1.210.131.121.44
EPS Diluted Before Nonrecurring Items0.480.420.360.270.28-0.94-1.210.131.121.44
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.320.180.06---0.020.320.260.20
All figures in USD. M: Millions of USD, B: Billions of USD.
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Heritage Commerce stock analysis involves checking at least a few of the important things like:
  • Topline: A growing topline, as seen from the Heritage Commerce revenue chart, as is the case with Heritage Commerce indicates a growing business. One needs to compare the QoQ or YoY topline growth of HTBK stock with its peers like PCBK stock and FBAK stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: Most businesses like Heritage Commerce try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called statement of revenue and expense. The financials along with Heritage Commerce historical stock prices provides a lot of details about the firm. .

Heritage Commerce Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
21.7540
PS ratio (
price sales ratio
)
4.5082
Operating margin
41.3
Net profit margin
25.8
Dividend yield
2.48%