Financial Statements

Heritage Commerce Corp (HTBK)


-0.26 (-2.36%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 95977962-
Net Income 4835403524
Stock Dividends --6--54
Dividend Paid -31-31-23-18-15
Retained Earnings 11195977962

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 10877-
Annual Depreciation -151-08
Capital Expenditure -0-3-0-0-1
Net PPE 1010877

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -4684167168
New Purchases -265-194-162-31-474
Intangible and Goodwill 4684167168168

Heritage Commerce Corp income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Heritage Commerce Corp FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.