Heritage Commerce Corp (HTBK) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Net Interest Income | 50.42M | 46.79M | 44.8M | 43.36M | 44.19M | 39.91M | 39.45M | 39.5M | 42.3M | 45.37M | 46.29M | 49.26M | 51.74M | 48.04M | 41.88M | 38.22M | 38.11M | 38.18M | 34.88M | 34.96M |
| NII Growth % | 14.12% | 17.22% | 13.56% | 9.77% | 4.45% | -12.03% | -14.77% | -19.81% | -18.24% | -5.56% | 10.54% | 28.88% | 35.77% | 25.82% | 20.08% | 9.33% | 11.41% | 11.76% | -0.18% | -9.39% |
| Net Interest Margin % | 0.87% | 0.83% | 0.82% | 0.79% | 0.78% | 0.72% | 0.75% | 0.75% | 0.81% | 0.84% | 0.87% | 0.89% | 1% | 0.88% | 0.78% | 0.7% | 0.69% | 0.7% | 0.69% | 0.7% |
| Interest Income | 67.05M | 65.09M | 63.02M | 61.83M | 64.63M | 61.44M | 59.08M | 56.96M | 58.89M | 60.79M | 58.34M | 56.27M | 55.19M | 50.17M | 43.56M | 39.91M | 39.96M | 39.91M | 36.63M | 36.76M |
| Interest Expense | 16.63M | 18.31M | 18.22M | 18.47M | 20.45M | 21.52M | 19.62M | 17.46M | 16.59M | 15.42M | 12.05M | 7.02M | 3.45M | 2.13M | 1.68M | 1.69M | 1.85M | 1.73M | 1.76M | 1.8M |
| Loan Loss Provision | 0 | 416K | 516K | 274K | 1.33M | 153K | 471K | 184K | 289K | 168K | 260K | 32K | 508K | 1.01M | -181K | -567K | -615K | -514K | -493K | -1.51M |
| Non-Interest Income | 3.2M | 2.1M | 2.02M | 1.82M | 4.68M | 1.43M | 1.37M | 1.86M | 3.58M | 1.53M | 1.57M | 2.32M | 2.77M | 2.34M | 2.1M | 2.46M | 2.81M | 2.41M | 1.82M | 2.3M |
| Non-Interest Income % | 4.55% | 3.13% | 3.1% | 2.86% | 6.75% | 2.28% | 2.27% | 3.16% | 5.72% | 2.46% | 2.62% | 3.96% | 4.78% | 4.46% | 4.6% | 5.81% | 6.57% | 5.69% | 4.74% | 5.89% |
| Total Revenue | 70.25M | 67.2M | 65.04M | 63.65M | 69.31M | 62.87M | 60.45M | 58.82M | 62.47M | 62.33M | 59.91M | 58.59M | 57.96M | 52.52M | 45.65M | 42.37M | 42.77M | 42.31M | 38.45M | 39.06M |
| Revenue Growth % | 1.34% | 6.89% | 7.6% | 8.22% | 10.96% | 0.87% | 0.9% | 0.38% | 7.77% | 18.68% | 31.22% | 38.31% | 35.54% | 24.11% | 18.73% | 8.46% | 11.95% | 8.93% | -1.93% | -11.49% |
| Non-Interest Expense | 31.75M | 27.91M | 37.38M | 28.58M | 32.8M | 26.75M | 27.28M | 26.75M | 27.12M | 24.49M | 24.48M | 24.96M | 24.52M | 23.46M | 23.19M | 23.25M | 22.23M | 21.83M | 25.43M | 23.24M |
| Efficiency Ratio | 45.19% | 41.54% | 57.46% | 44.9% | 47.32% | 42.54% | 45.13% | 45.49% | 43.42% | 39.29% | 40.87% | 42.59% | 42.3% | 44.67% | 50.8% | 54.88% | 51.97% | 51.59% | 66.12% | 59.51% |
| Operating Income | 21.88M | 20.56M | 8.93M | 16.33M | 14.73M | 14.45M | 13.07M | 14.42M | 18.46M | 22.25M | 23.12M | 26.59M | 29.48M | 25.92M | 20.97M | 18M | 19.31M | 19.27M | 11.76M | 15.53M |
| Operating Margin % | 31.14% | 30.6% | 13.73% | 25.65% | 21.26% | 22.98% | 21.63% | 24.52% | 29.56% | 35.7% | 38.59% | 45.38% | 50.87% | 49.35% | 45.93% | 42.48% | 45.15% | 45.55% | 30.59% | 39.75% |
| Operating Income Growth % | 48.46% | 42.33% | -31.68% | 13.22% | -20.19% | -35.07% | -43.45% | -45.77% | -37.38% | -14.15% | 10.24% | 47.76% | 52.72% | 34.47% | 78.25% | 15.9% | 20.28% | 25.19% | -21.01% | 468.96% |
| Pretax Income | 21.97M | 20.56M | 8.93M | 16.33M | 14.73M | 14.45M | 13.07M | 14.42M | 18.46M | 22.25M | 23.12M | 26.59M | 29.48M | 25.92M | 20.97M | 18M | 19.31M | 19.27M | 11.76M | 15.53M |
| Pretax Margin % | 31.27% | 30.6% | 13.73% | 25.65% | 21.26% | 22.98% | 21.63% | 24.52% | 29.56% | 35.7% | 38.59% | 45.38% | 50.87% | 49.35% | 45.93% | 42.48% | 45.15% | 45.55% | 30.59% | 39.75% |
| Income Tax | 6.85M | 5.87M | 2.54M | 4.7M | 4.11M | 3.94M | 3.84M | 4.25M | 5.13M | 6.45M | 6.71M | 7.67M | 8.69M | 7.85M | 6.15M | 5.13M | 5.34M | 5.55M | 2.95M | 4.32M |
| Effective Tax Rate % | 31.19% | 28.52% | 28.46% | 28.79% | 27.92% | 27.27% | 29.36% | 29.5% | 27.81% | 29.01% | 29.04% | 28.86% | 29.46% | 30.28% | 29.32% | 28.51% | 27.67% | 28.82% | 25.08% | 27.84% |
| Net Income | 15.12M | 14.7M | 6.39M | 11.63M | 10.62M | 10.51M | 9.23M | 10.17M | 13.33M | 15.79M | 16.4M | 18.92M | 20.8M | 18.07M | 14.82M | 12.87M | 13.96M | 13.72M | 8.81M | 11.2M |
| Net Margin % | 21.52% | 21.87% | 9.82% | 18.27% | 15.32% | 16.71% | 15.28% | 17.28% | 21.34% | 25.34% | 27.38% | 32.28% | 35.88% | 34.41% | 32.46% | 30.37% | 32.65% | 32.42% | 22.92% | 28.68% |
| Net Income Growth % | 42.33% | 39.89% | -30.81% | 14.36% | -20.31% | -33.48% | -43.71% | -46.26% | -35.92% | -12.59% | 10.67% | 47.03% | 48.94% | 31.72% | 68.17% | 14.83% | 20.15% | 22.52% | -17% | 502.04% |
| Net Income (Continuing) | 15.12M | 14.7M | 6.39M | 11.63M | 10.62M | 10.51M | 9.23M | 10.17M | 13.33M | 15.79M | 16.4M | 18.92M | 20.8M | 18.07M | 14.82M | 12.87M | 13.96M | 13.72M | 8.81M | 11.2M |
| EPS (Diluted) | 0.25 | 0.24 | 0.10 | 0.19 | 0.17 | 0.17 | 0.15 | 0.17 | 0.22 | 0.26 | 0.27 | 0.31 | 0.34 | 0.30 | 0.24 | 0.21 | 0.23 | 0.23 | 0.15 | 0.19 |
| EPS Growth % | 47.06% | 41.18% | -33.33% | 11.76% | -22.73% | -34.62% | -44.44% | -45.16% | -35.29% | -13.33% | 12.5% | 47.62% | 47.83% | 30.43% | 60% | 10.53% | 21.05% | 21.05% | -16.67% | 533.33% |
| EPS (Basic) | 0.25 | 0.24 | 0.10 | 0.19 | 0.17 | 0.17 | 0.15 | 0.17 | 0.22 | 0.26 | 0.27 | 0.31 | 0.34 | 0.30 | 0.24 | 0.21 | 0.23 | 0.23 | 0.15 | 0.19 |
| Diluted Shares Outstanding | 61.7M | 61.62M | 61.66M | 61.71M | 61.68M | 61.55M | 61.44M | 61.47M | 61.41M | 61.44M | 61.27M | 61.27M | 61.36M | 61.12M | 60.97M | 60.92M | 60.84M | 60.76M | 60.73M | 60.4M |