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HTBK (Heritage Commerce) Enterprise Value : $-59.8 Mil (As of Jul. 15, 2025) ***


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What is Heritage Commerce Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Heritage Commerce's Enterprise Value is $-59.8 Mil. Heritage Commerce's Revenue for the trailing twelve months (TTM) ended in Mar. 2025 was $176.2 Mil. Therefore, Heritage Commerce's EV-to-Revenue ratio for today is -0.34.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Heritage Commerce's Enterprise Value is $-59.8 Mil. Heritage Commerce's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2025 was $45.3 Mil. Therefore, Heritage Commerce's EV-to-FCF ratio for today is -1.32.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Heritage Commerce Enterprise Value Historical Data

The historical data trend for Heritage Commerce's Enterprise Value 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.

* Premium members only.

Heritage Commerce Enterprise Value Chart

Heritage Commerce Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -559.87 -545.83 523.84 237.95 -353.03

Heritage Commerce Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.74 -75.44 -311.08 -353.03 -118.82

Competitive Comparison of Heritage Commerce's Enterprise Value

For the Banks - Regional subindustry, Heritage Commerce's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heritage Commerce's Enterprise Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heritage Commerce's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Heritage Commerce's Enterprise Value falls into.


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Heritage Commerce Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Heritage Commerce's Enterprise Value for the fiscal year that ended in Dec. 2024 is calculated as

Heritage Commerce's Enterprise Value for the quarter that ended in Mar. 2025 is calculated as

* 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.


Heritage Commerce  (NAS:HTBK) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Heritage Commerce's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-59.838/176.216
=-0.34

Heritage Commerce's current Enterprise Value is $-59.8 Mil.
Heritage Commerce's Revenue for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $176.2 Mil.

2. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Heritage Commerce's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=-59.838/45.27
=-1.32

Heritage Commerce's current Enterprise Value is $-59.8 Mil.
Heritage Commerce's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $45.3 Mil.

* 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.


Heritage Commerce Enterprise Value Related Terms

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Heritage Commerce Business Description

Traded in Other Exchanges
N/A
Address
224 Airport Parkway, San Jose, CA, USA, 95110
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 reportable segments, namely Banking and Factoring. A majority of its revenue is generated from the Banking segment, which provides various loan products, including commercial and industrial loans, commercial real estate loans, construction loans, etc. This segment also focuses on deposit generation on relationship accounts, encompassing non-interest bearing demand, interest bearing demand, money market accounts, certificates of deposit, and savings accounts.
Executives
Susan Svensson Just officer: EVP/Chief Credit Officer 224 AIRPORT PARKWAY, SAN JOSE CA 95110
Jones Robertson Clay Jr officer: EVP 150 ALMADEN BOULEVARD, SAN JOSE CA 95113
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
Marina Park Sutton director 150 ALMADEN BOULEVARD, SAN JOSE CA 95113