HTBK
Heritage Commerce Corp
NASDAQ · Financial Services · Banks - Regional · US
$13.45
+0.00%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 266.1M | 266.1M | 251.4M | 243.3M | 198.9M |
| Cost of Revenue | 72.8M | 72.8M | 81.2M | 51.8M | 9.7M |
| Gross Profit | 193.3M | 193.3M | 170.3M | 191.5M | 189.2M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 73.9M | 73.9M | 70.7M | 63.1M | 60.3M |
| General & Admin Expense | 73.9M | 73.9M | 70.7M | 63.1M | 60.3M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 51.7M | 51.7M | 42.9M | 37.9M | 34.6M |
| Total Operating Expenses | 125.6M | 125.6M | 113.6M | 101.1M | 94.9M |
| Cost and Expenses | 198.4M | 198.4M | 194.8M | 152.9M | 104.6M |
| Operating Income (EBIT) | 67.7M | 67.7M | 56.7M | 90.4M | 94.4M |
| Non-Operating | |||||
| Interest Income | 257.0M | 257.0M | 242.7M | 234.3M | 188.8M |
| Interest Expense | 71.6M | 71.6M | 79.1M | 51.1M | 8.9M |
| Net Interest Income | 185.4M | 185.4M | 163.6M | 183.2M | 179.9M |
| Other Non-Op Income/Expense | 93.0K | 93.0K | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 67.8M | 67.8M | 56.7M | 90.4M | 94.4M |
| Income Tax Expense | 20.0M | 20.0M | 16.1M | 26.0M | 27.8M |
| Bottom Line | |||||
| Net Income | 47.8M | 47.8M | 40.5M | 64.4M | 66.6M |
| Earnings from Cont. Ops | 47.8M | 47.8M | 40.5M | 64.4M | 66.6M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 47.8M | 47.8M | 40.5M | 64.4M | 66.6M |
| Per Share | |||||
| Basic EPS | $0.78 | $0.78 | $0.66 | $1.06 | $1.10 |
| Diluted EPS | $0.78 | $0.78 | $0.66 | $1.05 | $1.09 |
| Revenue Per Share | $4.34 | $4.34 | $4.10 | $3.99 | $3.28 |
| Shares | |||||
| Basic Shares Outstanding | 61.3M | 61.3M | 61.3M | 61.0M | 60.6M |
| Diluted Shares Outstanding | 61.7M | 61.7M | 61.5M | 61.3M | 61.1M |
| Profitability Metrics | |||||
| EBITDA | 71.2M | 71.2M | 60.2M | 93.9M | 98.1M |
| D&A | 3.5M | 3.5M | 3.5M | 3.5M | 3.8M |
| EBIT | 67.7M | 67.7M | 56.7M | 90.4M | 94.4M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Dec 1, 2025