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Heritage Commerce Corp.$16.77$.181.08%

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Income Statement for Heritage Commerce Corp.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $116.52 $106.06 $87.73
Cost of Goods Sold $3.99 $3.20 $2.40
Gross Profit $112.53 $102.86 $85.33
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $60.84 $58.88 $58.71
Income Before Depreciation $51.70 $43.98 $26.62
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $1.40 $0.01 $0.02
Pretax Income $50.30 $43.97 $26.60
       
Provision for Income Taxes $26.47 $16.59 $10.10
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $23.83 $27.38 $16.50
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $23.83 $27.38 $16.50
       
Basic Earnings Per Share $0.63 $0.72 $0.48
Diluted Earnings Per Share $0.62 $0.72 $0.48
       
Weighted Average Basic Shares Outstanding 38.10 33.93 28.57
Weighted Average Diluted Shares Outstanding 38.61 34.22 28.79
       
Income Before Non-Recurring Items $30.90 $25.87 $16.50
Income From Non-Recurring Items ($6.95) $0.00 $0.00
Diluted Earnings Per Share before extras $0.80 $0.72 $0.48
       
Dividend (preferred) N/A N/A $2.78
Dividend (common) $15.28 $13.65 $10.26
Dividend Per Share (common) $0.40 $0.36 $0.32




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