Heritage Commerce (Heritage Commerce) Net Income From Continuing Operations : $55.7 Mil (TTM As of Dec. 2023)

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What is Heritage Commerce Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Heritage Commerce's net income from continuing operations for the three months ended in Dec. 2023 was $13.3 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Dec. 2023 was $55.7 Mil.

Heritage Commerce Net Income From Continuing Operations Historical Data

The historical data trend for Heritage Commerce's Net Income From Continuing Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Heritage Commerce Net Income From Continuing Operations Chart

Heritage Commerce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Income From Continuing Operations

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40.46

35.30

47.70

66.56

64.44

Heritage Commerce Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Income From Continuing Operations	Get a 7-Day Free Trial															18.92	16.40	15.80	13.33	10.17

Heritage Commerce Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $55.7 Mil.

Heritage Commerce (Heritage Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heritage Commerce Corp (NAS:HTBK) » Definitions » Net Income From Continuing Operations

Comparable Companies

Traded in Other Exchanges

XHC:Germany

Address

224 Airport Parkway, San Jose, CA, USA, 95110

Website

https://www.heritagecommercecorp.com

Heritage Commerce Corp operates as a bank holding company. The company, through its subsidiary, offers commercial banking services to small and medium-sized businesses and their owners, managers, and employees. It operates through two segments, namely Banking and Factoring. The bank generates its revenue from the Banking segment.

Executives

Susan Svensson Just	officer: EVP/Chief Credit Officer	224 AIRPORT PARKWAY, SAN JOSE CA 95110
Jack W Conner	director	HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Jason Philip Dinapoli	director	1875 CENTURY PARK EAST, SUITE 1400, LOS ANGELES CA 90067
Robert Moles	director	HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Kamran F Husain	director	3005 TASMAN DRIVE, SANTA CLARA CA 95054
Stephen G. Heitel	director	150 ALMADEN BOULEVARD, SAN JOSE CA 95113
Lawrence D Mcgovern	officer: Chief Financial Officer	C/O HERITAGE COMMERCE CORP, 150 ALMADEN BLVD, SAN JOSE CA 95113
Walter Theodore Kaczmarek	director, officer: CEO and President	HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Peng Coonley Janice Yuli	officer: EVP/Chief People and Diversity	224 AIRPORT BLVD, SAN JOSE CA 92692
Deborah Reuter	officer: EVP/CRO/Corporate Secretary	224 AIRPORT PARKWAY, SAN JOSE CA 95110
Michael Eugene Benito	officer: EVP/Business Banking Division	150 ALMADNE BLVD., SAN JOSE CA 95113
Keith Wilton	officer: EVP/COO	150 ALMADEN BLVD., SAN JOSE CA 95113
Steven L. Hallgrimson	director	150 ALMADEN BLVD., SAN JOSE CA 95113
Jones Robertson Clay Jr	officer: EVP	150 ALMADEN BOULEVARD, SAN JOSE CA 95113
Bruce H Cabral	director	150 ALMADEN BOULEVARD, SAN JOSE CA 95113