Heritage Commerce Revenue, Profits - HTBK Quarterly Income Statement

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$16.73 $0.04 (0.24%) HTBK stock closing price Jul 13, 2018 (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 or revenue and bottomline or profit numbers of the company and helps investors evaluate if a company has been growing or not. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the HTBK stock is bound to reflect the impact of the QOQ decline of -2.12%. The operating expenses as shown in the Heritage Commerce profit and loss statement for 2018 Q1 total to $16.49M. This line item shows that the operating expenses has increased compared with last year. Also check: Heritage Commerce assets and Heritage Commerce free cash flow.

View and download details of revenue and profits for Heritage Commerce for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Heritage Commerce Revenues or Net Sales
30.07M30.72M30.42M28.4M26.99M27.03M26.19M27.16M25.68M25.73M
Cost Of Goods Sold (COGS)-1.13M1.05M-------
Heritage Commerce Gross Profit
29.11M29.6M29.36M27.45M26.12M26.17M25.36M26.4M24.92M25M
Research & Development Expense----------
Selling General & Admin Expense16.49M15.05M14.94M15.2M15.64M14.52M14.54M14.73M15.08M19.14M
Income Before Depreciation Depletion Amortization12.61M14.57M14.41M12.24M10.47M11.66M10.81M11.67M9.84M5.87M
Depreciation Depletion Amortization----------0.27M
Non Operating Income----------1.11M
Interest Expense----------
Heritage Commerce Pretax Income
12.04M13.98M13.83M12.01M10.47M11.65M10.81M11.67M9.83M7.25M
Provision for Income Taxes3.23M12.74M5.24M4.56M3.93M4.44M4.05M4.37M3.72M2.81M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations8.81M1.38M8.58M7.45M6.54M7.22M6.77M7.3M6.11M4.42M
Extraordinary Items & Discontinued Operations----------
Heritage Commerce Profit/ Loss (Net Income)
8.81M1.38M8.58M7.45M6.54M7.22M6.77M7.3M6.11M4.42M
Average Shares used to compute Diluted EPS38.82M38.74M38.58M38.58M38.49M38.27M33.69M32.51M32.38M32.39M
Average Shares used to compute Basic EPS38.24M38.2M38.15M38.07M37.96M37.93M33.4M32.24M32.13M32.11M
Income Before Nonrecurring Items8.81M8.36M8.58M7.45M6.54M7.22M6.77M7.3M6.11M4.42M
Income from Nonrecurring Items--6.97M--------
Heritage Commerce Earnings Per Share Basic Net
0.230.040.220.200.170.190.180.190.160.12
Heritage Commerce Earnings Per Share Diluted Net
0.230.040.220.190.170.190.180.190.160.12
EPS Diluted Before Nonrecurring Items0.230.220.220.190.170.190.180.190.160.12
Preferred Dividends Acc Pd----------
Dividends Common4.423.82--------
Dividend Per Share Common0.110.100.100.100.100.090.090.090.090.08
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Heritage Commerce stock analysis. It helps to look at the following income statement items:

  • Topline: A growing topline, as seen from the Heritage Commerce revenue chart, as isn't the case with Heritage Commerce indicates a sagging business. One needs to compare the QoQ topline or sales growth of HTBK stock with its peers like WIBC stock and FBAK stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $8.81M for Heritage Commerce for 2018 Q1. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called statement of revenue and expense. The HTBK financials along with Heritage Commerce historical stock prices provide a lot of details about the firm.

Heritage Commerce Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
24.54
PS Ratio (price sales ratio)
5.34
Operating Margin
41.9
Net Profit Margin
29.3
Dividend Yield
2.46%