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Side-by-side financial comparison of HERITAGE COMMERCE CORP (HTBK) and MNTN, Inc. (MNTN). Click either name above to swap in a different company.

MNTN, Inc. is the larger business by last-quarter revenue ($70.0M vs $53.6M, roughly 1.3× HERITAGE COMMERCE CORP). HERITAGE COMMERCE CORP runs the higher net margin — 28.2% vs 9.2%, a 19.0% gap on every dollar of revenue.

The United States Chamber of Commerce (USCC) is a business association advocacy group and is the largest lobbying group in the United States. The group was founded in April 23, 1912, out of local chambers of commerce at the urging of President William Howard Taft and his secretary of commerce and labor Charles Nagel. President Taft's belief was that the "government needed to deal with a group that could speak with authority for the interests of business."

MNTN Inc. is a U.S.-headquartered advertising technology firm specializing in performance-driven connected TV (CTV) advertising solutions. It serves e-commerce, retail, and consumer goods brands, helping clients accurately measure ad campaign ROI and reach targeted audiences across streaming TV platforms in North American and European markets.

HTBK vs MNTN — Head-to-Head

Bigger by revenue
MNTN
MNTN
1.3× larger
MNTN
$70.0M
$53.6M
HTBK
Higher net margin
HTBK
HTBK
19.0% more per $
HTBK
28.2%
9.2%
MNTN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
HTBK
HTBK
MNTN
MNTN
Revenue
$53.6M
$70.0M
Net Profit
$15.1M
$6.4M
Gross Margin
78.9%
Operating Margin
41.0%
10.8%
Net Margin
28.2%
9.2%
Revenue YoY
15.6%
Net Profit YoY
42.3%
EPS (diluted)
$0.25
$0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HTBK
HTBK
MNTN
MNTN
Q4 25
$53.6M
Q3 25
$50.0M
$70.0M
Q2 25
$47.8M
$68.5M
Q1 25
$46.1M
Q4 24
$46.4M
Q3 24
$42.2M
Q2 24
$41.7M
Q1 24
$42.1M
Net Profit
HTBK
HTBK
MNTN
MNTN
Q4 25
$15.1M
Q3 25
$14.7M
$6.4M
Q2 25
$6.4M
$-26.2M
Q1 25
$11.6M
Q4 24
$10.6M
Q3 24
$10.5M
Q2 24
$9.2M
Q1 24
$10.2M
Gross Margin
HTBK
HTBK
MNTN
MNTN
Q4 25
Q3 25
78.9%
Q2 25
76.8%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
HTBK
HTBK
MNTN
MNTN
Q4 25
41.0%
Q3 25
41.1%
10.8%
Q2 25
18.7%
5.4%
Q1 25
35.4%
Q4 24
31.8%
Q3 24
34.3%
Q2 24
31.3%
Q1 24
34.2%
Net Margin
HTBK
HTBK
MNTN
MNTN
Q4 25
28.2%
Q3 25
29.4%
9.2%
Q2 25
13.4%
-38.3%
Q1 25
25.2%
Q4 24
22.9%
Q3 24
24.9%
Q2 24
22.1%
Q1 24
24.1%
EPS (diluted)
HTBK
HTBK
MNTN
MNTN
Q4 25
$0.25
Q3 25
$0.24
$0.08
Q2 25
$0.10
$-0.65
Q1 25
$0.19
Q4 24
$0.17
Q3 24
$0.17
Q2 24
$0.15
Q1 24
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HTBK
HTBK
MNTN
MNTN
Cash + ST InvestmentsLiquidity on hand
$179.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$708.6M
$266.7M
Total Assets
$5.8B
$335.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTBK
HTBK
MNTN
MNTN
Q4 25
Q3 25
$179.2M
Q2 25
$175.2M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTBK
HTBK
MNTN
MNTN
Q4 25
$708.6M
Q3 25
$700.0M
$266.7M
Q2 25
$694.7M
$238.9M
Q1 25
$696.2M
Q4 24
$689.7M
Q3 24
$685.4M
Q2 24
$679.2M
Q1 24
$676.3M
Total Assets
HTBK
HTBK
MNTN
MNTN
Q4 25
$5.8B
Q3 25
$5.6B
$335.9M
Q2 25
$5.5B
$337.0M
Q1 25
$5.5B
Q4 24
$5.6B
Q3 24
$5.6B
Q2 24
$5.3B
Q1 24
$5.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HTBK
HTBK
MNTN
MNTN
Operating Cash FlowLast quarter
$61.7M
$9.3M
Free Cash FlowOCF − Capex
$61.3M
FCF MarginFCF / Revenue
114.3%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
4.08×
1.45×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTBK
HTBK
MNTN
MNTN
Q4 25
$61.7M
Q3 25
$18.9M
$9.3M
Q2 25
$8.0M
$17.6M
Q1 25
$14.8M
Q4 24
$39.0M
Q3 24
$5.3M
Q2 24
$10.5M
Q1 24
$7.3M
Free Cash Flow
HTBK
HTBK
MNTN
MNTN
Q4 25
$61.3M
Q3 25
$18.8M
Q2 25
Q1 25
Q4 24
$37.3M
Q3 24
$4.9M
Q2 24
$9.9M
Q1 24
$6.9M
FCF Margin
HTBK
HTBK
MNTN
MNTN
Q4 25
114.3%
Q3 25
37.7%
Q2 25
Q1 25
Q4 24
80.5%
Q3 24
11.6%
Q2 24
23.6%
Q1 24
16.4%
Capex Intensity
HTBK
HTBK
MNTN
MNTN
Q4 25
0.7%
Q3 25
0.1%
Q2 25
Q1 25
Q4 24
3.5%
Q3 24
1.0%
Q2 24
1.6%
Q1 24
1.0%
Cash Conversion
HTBK
HTBK
MNTN
MNTN
Q4 25
4.08×
Q3 25
1.28×
1.45×
Q2 25
1.25×
Q1 25
1.28×
Q4 24
3.67×
Q3 24
0.50×
Q2 24
1.14×
Q1 24
0.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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