Heritage Commerce Corp (HTBK)
NASDAQ: HTBK · Real-Time Price · USD
10.50
-0.25 (-2.33%)
Feb 21, 2025, 4:00 PM EST - Market closed
Heritage Commerce Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 242.7 | 177.63 | 153.01 | 139.24 | 133.17 | Upgrade
|
| Interest Income on Investments | - | 56.67 | 35.82 | 14.01 | 17.3 | Upgrade
|
| Total Interest Income | 242.7 | 234.3 | 188.83 | 153.26 | 150.47 | Upgrade
|
| Interest Paid on Deposits | 79.05 | 47.56 | 6.77 | 4.82 | 6.26 | Upgrade
|
| Interest Paid on Borrowings | - | 3.52 | 2.18 | 2.32 | 2.32 | Upgrade
|
| Total Interest Expense | 79.05 | 51.07 | 8.95 | 7.13 | 8.58 | Upgrade
|
| Net Interest Income | 163.65 | 183.22 | 179.88 | 146.13 | 141.89 | Upgrade
|
| Net Interest Income Growth (YoY) | -10.68% | 1.86% | 23.10% | 2.98% | 7.65% | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | - | - | 0.28 | Upgrade
|
| Other Non-Interest Income | 4.71 | 4.18 | 4.98 | 5.48 | 5.16 | Upgrade
|
| Total Non-Interest Income | 8.75 | 9 | 10.11 | 9.69 | 9.92 | Upgrade
|
| Non-Interest Income Growth (YoY) | -2.78% | -11.01% | 4.37% | -2.36% | -3.14% | Upgrade
|
| Revenues Before Loan Losses | 172.4 | 192.22 | 189.99 | 155.81 | 151.81 | Upgrade
|
| Provision for Loan Losses | 2.14 | 0.75 | 0.77 | -3.13 | 13.23 | Upgrade
|
| Revenue | 170.26 | 191.47 | 189.23 | 158.95 | 138.58 | Upgrade
|
| Revenue Growth (YoY) | -11.08% | 1.19% | 19.05% | 14.70% | -1.86% | Upgrade
|
| Salaries and Employee Benefits | 63.95 | 54.47 | 52.15 | 49.34 | 48.32 | Upgrade
|
| Occupancy Expenses | 10.23 | 2.73 | 3.01 | 9.04 | 8.02 | Upgrade
|
| Selling, General & Administrative | 5.42 | 13.51 | 14.82 | 8.42 | 7.59 | Upgrade
|
| Other Non-Interest Expense | 33.99 | 30.35 | 20.37 | 26.28 | 22.98 | Upgrade
|
| Total Non-Interest Expense | 113.58 | 101.05 | 90.36 | 93.08 | 86.91 | Upgrade
|
| EBT Excluding Unusual Items | 56.67 | 90.42 | 98.87 | 65.87 | 51.67 | Upgrade
|
| Legal Settlements | - | - | -4.5 | - | - | Upgrade
|
| Pretax Income | 56.67 | 90.42 | 94.37 | 65.87 | 49.07 | Upgrade
|
| Income Tax Expense | 16.15 | 25.98 | 27.81 | 18.17 | 13.77 | Upgrade
|
| Net Income | 40.53 | 64.44 | 66.56 | 47.7 | 35.3 | Upgrade
|
| Net Income to Common | 40.53 | 64.44 | 66.56 | 47.7 | 35.3 | Upgrade
|
| Net Income Growth | -37.11% | -3.17% | 39.53% | 35.13% | -12.76% | Upgrade
|
| Basic Shares Outstanding | 61 | 61 | 61 | 60 | 59 | Upgrade
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| Diluted Shares Outstanding | 62 | 61 | 61 | 61 | 60 | Upgrade
|
| Shares Change (YoY) | 0.35% | 0.36% | 0.66% | 0.86% | 25.60% | Upgrade
|
| EPS (Basic) | 0.66 | 1.06 | 1.10 | 0.79 | 0.59 | Upgrade
|
| EPS (Diluted) | 0.66 | 1.05 | 1.09 | 0.79 | 0.59 | Upgrade
|
| EPS Growth | -37.14% | -3.67% | 37.97% | 33.90% | -29.76% | Upgrade
|
| Dividend Per Share | 0.520 | 0.520 | 0.520 | 0.520 | 0.520 | Upgrade
|
| Dividend Growth | 0% | 0% | 0% | 0% | 8.33% | Upgrade
|
| Effective Tax Rate | 28.49% | 28.73% | 29.47% | 27.58% | 28.06% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.