Heritage Commerce Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	185.38	327.3	366.45	359.76	292.25
Net Interest Income Growth	-43.36%	-10.68%	1.86%	23.10%	2.99%
Non-Interest Income	12.09	8.75	9	10.11	9.69
Non-Interest Income Growth	38.19%	-2.78%	-11.01%	4.37%	-2.36%
Revenues Before Loan Losses	197.46	336.04	375.45	369.87	301.94
Provision for Credit Losses	1.82	2.14	0.75	0.77	-3.13
Revenue	195.65	333.91	374.7	369.11	305.07
Revenue Growth (YoY)	-41.41%	-10.89%	1.52%	20.99%	8.77%
Compensation Expenses	66.54	63.95	56.86	55.33	51.86
Selling, General & Admin	16.18	15.64	13.84	14.65	14.94
Other Non-Interest Expenses	45.15	33.99	30.35	24.87	26.28
Total Non-Interest Expense	127.86	113.58	101.05	94.86	93.08
Pretax Income	67.79	56.67	90.42	94.37	65.87
Provision for Income Taxes	19.96	16.15	25.98	27.81	18.17
Net Income	47.83	40.53	64.44	66.56	47.7
Net Income to Common	47.83	40.53	64.44	66.56	47.7
Net Income Growth	18.02%	-37.11%	-3.17%	39.53%	35.13%
Shares Outstanding (Basic)	61	61	61	61	60
Shares Outstanding (Diluted)	62	62	61	61	61
Shares Change (YoY)	0.28%	0.35%	0.36%	0.66%	0.86%
EPS (Basic)	0.78	0.66	1.06	1.10	0.79
EPS (Diluted)	0.78	0.66	1.05	1.09	0.79
EPS Growth	18.18%	-37.14%	-3.67%	37.97%	33.90%
Free Cash Flow	1.82	37.35	71.34	69.07	56.6
Free Cash Flow Growth	-95.14%	-47.65%	3.28%	22.04%	4.55%
Free Cash Flow Per Share	0.03	0.61	1.16	1.13	0.93
Dividends Per Share	0.520	0.520	0.520	0.520	0.520
Profit Margin	24.45%	12.14%	17.20%	18.03%	15.64%
FCF Margin	0.93%	11.18%	19.04%	18.71%	18.55%
EBITDA	0	3.53	3.52	3.76	4.07
EBITDA Margin	0.00%	1.06%	0.94%	1.02%	1.33%
Effective Tax Rate	29.44%	28.49%	28.73%	29.47%	27.58%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q