Heritage Commerce Corp
Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. The company operates through two segments, Banking and Factoring. Its deposit products for business banking and retail markets include interest and non-interest-bearing demand, s… Read more
Heritage Commerce Corp (HTBK) - Net Assets
Latest net assets as of December 2025: $708.57 Million USD
Based on the latest financial reports, Heritage Commerce Corp (HTBK) has net assets worth $708.57 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.76 Billion) and total liabilities ($5.06 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $708.57 Million |
| % of Total Assets | 12.29% |
| Annual Growth Rate | 13.14% |
| 5-Year Change | 18.48% |
| 10-Year Change | 172.68% |
| Growth Volatility | 21.13 |
Heritage Commerce Corp - Net Assets Trend (1997–2025)
This chart illustrates how Heritage Commerce Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Heritage Commerce Corp (1997–2025)
The table below shows the annual net assets of Heritage Commerce Corp from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $708.57 Million | +2.73% |
| 2024-12-31 | $689.73 Million | +2.50% |
| 2023-12-31 | $672.90 Million | +6.39% |
| 2022-12-31 | $632.46 Million | +5.76% |
| 2021-12-31 | $598.03 Million | +3.48% |
| 2020-12-31 | $577.89 Million | +0.20% |
| 2019-12-31 | $576.71 Million | +56.94% |
| 2018-12-31 | $367.47 Million | +35.41% |
| 2017-12-31 | $271.36 Million | +4.43% |
| 2016-12-31 | $259.85 Million | +5.87% |
| 2015-12-31 | $245.44 Million | +33.13% |
| 2014-12-31 | $184.36 Million | +6.32% |
| 2013-12-31 | $173.40 Million | +2.15% |
| 2012-12-31 | $169.74 Million | -14.20% |
| 2011-12-31 | $197.83 Million | +8.61% |
| 2010-12-31 | $182.15 Million | +5.71% |
| 2009-12-31 | $172.31 Million | -6.49% |
| 2008-12-31 | $184.27 Million | +11.80% |
| 2007-12-31 | $164.82 Million | +34.20% |
| 2006-12-31 | $122.82 Million | +10.04% |
| 2005-12-31 | $111.62 Million | +13.23% |
| 2004-12-31 | $98.58 Million | +9.72% |
| 2003-12-31 | $89.85 Million | -15.13% |
| 2002-12-31 | $105.86 Million | +13.14% |
| 2001-12-31 | $93.57 Million | +17.36% |
| 2000-12-31 | $79.73 Million | +41.12% |
| 1999-12-31 | $56.50 Million | +84.04% |
| 1998-12-31 | $30.70 Million | +37.45% |
| 1997-12-31 | $22.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Heritage Commerce Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 20520400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $203.68 Million | 28.74% |
| Common Stock | $509.61 Million | 71.92% |
| Other Comprehensive Income | $-4.72 Million | -0.67% |
| Total Equity | $708.57 Million | 100.00% |
Heritage Commerce Corp Competitors by Market Cap
The table below lists competitors of Heritage Commerce Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Haitian Ruisheng Science Technology Ltd
SHG:688787
|
$730.72 Million |
|
Harbin Electric Coporation Jiamusi Electric Machine Co Ltd
SHE:000922
|
$731.00 Million |
|
Synsam AB
ST:SYNSAM
|
$731.69 Million |
|
Direcional Engenharia S.A.
SA:DIRR3
|
$731.83 Million |
|
Shanghai Medicilon Inc
SHG:688202
|
$730.34 Million |
|
Matthews International Corporation
NASDAQ:MATW
|
$730.27 Million |
|
OVS S.p.A.
LSE:0R5R
|
$729.84 Million |
|
EYEPOINT PHARMAC. DL-01
F:PV3B
|
$729.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heritage Commerce Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 689,727,000 to 708,566,000, a change of 18,839,000 (2.7%).
- Net income of 47,830,000 contributed positively to equity growth.
- Dividend payments of 31,917,000 reduced retained earnings.
- Share repurchases of 4,049,000 reduced equity.
- Other comprehensive income increased equity by 3,385,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $47.83 Million | +6.75% |
| Dividends Paid | $31.92 Million | -4.5% |
| Share Repurchases | $4.05 Million | -0.57% |
| Other Comprehensive Income | $3.38 Million | +0.48% |
| Other Changes | $3.59 Million | +0.51% |
| Total Change | $- | 2.73% |
Book Value vs Market Value Analysis
This analysis compares Heritage Commerce Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.07x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.46x to 1.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $1.90 | $12.24 | x |
| 1998-12-31 | $2.60 | $12.24 | x |
| 1999-12-31 | $6.85 | $12.24 | x |
| 2000-12-31 | $5.69 | $12.24 | x |
| 2001-12-31 | $6.57 | $12.24 | x |
| 2002-12-31 | $7.27 | $12.24 | x |
| 2003-12-31 | $7.74 | $12.24 | x |
| 2004-12-31 | $8.26 | $12.24 | x |
| 2005-12-31 | $9.19 | $12.24 | x |
| 2006-12-31 | $10.24 | $12.24 | x |
| 2007-12-31 | $13.10 | $12.24 | x |
| 2008-12-31 | $15.30 | $12.24 | x |
| 2009-12-31 | $14.58 | $12.24 | x |
| 2010-12-31 | $6.94 | $12.24 | x |
| 2011-12-31 | $7.52 | $12.24 | x |
| 2012-12-31 | $5.27 | $12.24 | x |
| 2013-12-31 | $5.41 | $12.24 | x |
| 2014-12-31 | $6.95 | $12.24 | x |
| 2015-12-31 | $8.53 | $12.24 | x |
| 2016-12-31 | $7.59 | $12.24 | x |
| 2017-12-31 | $7.03 | $12.24 | x |
| 2018-12-31 | $8.71 | $12.24 | x |
| 2019-12-31 | $12.04 | $12.24 | x |
| 2020-12-31 | $9.60 | $12.24 | x |
| 2021-12-31 | $9.85 | $12.24 | x |
| 2022-12-31 | $10.35 | $12.24 | x |
| 2023-12-31 | $10.98 | $12.24 | x |
| 2024-12-31 | $11.21 | $12.24 | x |
| 2025-12-31 | $11.48 | $12.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heritage Commerce Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.97%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.14x
- Recent ROE (6.75%) is above the historical average (6.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 7.01% | 26.73% | 0.02x | 11.98x | $-668.60K |
| 1998 | 11.40% | 8.45% | 0.10x | 13.19x | $430.00K |
| 1999 | 8.32% | 9.13% | 0.08x | 11.99x | $-950.00K |
| 2000 | 8.26% | 7.67% | 0.08x | 12.87x | $-1.14 Million |
| 2001 | 9.75% | 10.19% | 0.08x | 12.24x | $-189.40K |
| 2002 | 8.66% | 11.62% | 0.06x | 11.57x | $-1.11 Million |
| 2003 | 8.65% | 13.29% | 0.06x | 11.17x | $-1.21 Million |
| 2004 | 8.60% | 13.85% | 0.06x | 11.24x | $-1.38 Million |
| 2005 | 12.94% | 19.74% | 0.06x | 10.13x | $3.28 Million |
| 2006 | 14.06% | 20.86% | 0.08x | 8.44x | $4.99 Million |
| 2007 | 8.55% | 16.25% | 0.06x | 8.18x | $-2.39 Million |
| 2008 | 0.96% | 2.13% | 0.06x | 8.14x | $-16.66 Million |
| 2009 | -6.96% | -17.04% | 0.05x | 7.92x | $-29.22 Million |
| 2010 | -30.67% | -87.52% | 0.05x | 6.84x | $-74.07 Million |
| 2011 | 5.75% | 18.98% | 0.05x | 6.60x | $-8.41 Million |
| 2012 | 5.84% | 16.29% | 0.04x | 9.98x | $-7.07 Million |
| 2013 | 6.66% | 19.46% | 0.04x | 8.60x | $-5.80 Million |
| 2014 | 7.28% | 20.04% | 0.04x | 8.77x | $-5.01 Million |
| 2015 | 6.72% | 18.80% | 0.04x | 9.62x | $-8.05 Million |
| 2016 | 10.54% | 25.82% | 0.04x | 9.89x | $1.40 Million |
| 2017 | 8.78% | 20.45% | 0.04x | 10.48x | $-3.31 Million |
| 2018 | 9.61% | 25.34% | 0.05x | 8.43x | $-1.42 Million |
| 2019 | 7.02% | 26.46% | 0.04x | 7.13x | $-17.21 Million |
| 2020 | 6.11% | 22.01% | 0.03x | 8.02x | $-22.49 Million |
| 2021 | 7.98% | 29.27% | 0.03x | 9.20x | $-12.10 Million |
| 2022 | 10.52% | 33.45% | 0.04x | 8.15x | $3.31 Million |
| 2023 | 0.01% | 716.19% | 0.00x | 7.72x | $-67.23 Million |
| 2024 | 5.88% | 16.12% | 0.04x | 8.18x | $-28.44 Million |
| 2025 | 6.75% | 17.97% | 0.05x | 8.14x | $-23.03 Million |
Industry Comparison
This section compares Heritage Commerce Corp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heritage Commerce Corp (HTBK) | $708.57 Million | 7.01% | 7.14x | $730.72 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |