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

HERITAGE COMMERCE CORP is the larger business by last-quarter revenue ($53.6M vs $27.2M, roughly 2.0× SUNation Energy, Inc.). HERITAGE COMMERCE CORP runs the higher net margin — 28.2% vs 9.6%, a 18.6% gap on every dollar of revenue. On growth, SUNation Energy, Inc. posted the faster year-over-year revenue change (77.0% vs 15.6%). Over the past eight quarters, SUNation Energy, Inc.'s revenue compounded faster (43.5% CAGR vs 12.8%).

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."

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

HTBK vs SUNE — Head-to-Head

Bigger by revenue
HTBK
HTBK
2.0× larger
HTBK
$53.6M
$27.2M
SUNE
Growing faster (revenue YoY)
SUNE
SUNE
+61.3% gap
SUNE
77.0%
15.6%
HTBK
Higher net margin
HTBK
HTBK
18.6% more per $
HTBK
28.2%
9.6%
SUNE
Faster 2-yr revenue CAGR
SUNE
SUNE
Annualised
SUNE
43.5%
12.8%
HTBK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HTBK
HTBK
SUNE
SUNE
Revenue
$53.6M
$27.2M
Net Profit
$15.1M
$2.6M
Gross Margin
40.7%
Operating Margin
41.0%
10.7%
Net Margin
28.2%
9.6%
Revenue YoY
15.6%
77.0%
Net Profit YoY
42.3%
138.2%
EPS (diluted)
$0.25
$105.59

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
SUNE
SUNE
Q4 25
$53.6M
$27.2M
Q3 25
$50.0M
$19.0M
Q2 25
$47.8M
$13.1M
Q1 25
$46.1M
$12.6M
Q4 24
$46.4M
$15.4M
Q3 24
$42.2M
$14.7M
Q2 24
$41.7M
$13.5M
Q1 24
$42.1M
$13.2M
Net Profit
HTBK
HTBK
SUNE
SUNE
Q4 25
$15.1M
$2.6M
Q3 25
$14.7M
$-393.0K
Q2 25
$6.4M
$-9.6M
Q1 25
$11.6M
$-3.5M
Q4 24
$10.6M
$-6.8M
Q3 24
$10.5M
$-3.3M
Q2 24
$9.2M
$-6.9M
Q1 24
$10.2M
$1.2M
Gross Margin
HTBK
HTBK
SUNE
SUNE
Q4 25
40.7%
Q3 25
38.0%
Q2 25
37.0%
Q1 25
35.1%
Q4 24
36.4%
Q3 24
35.6%
Q2 24
35.4%
Q1 24
36.4%
Operating Margin
HTBK
HTBK
SUNE
SUNE
Q4 25
41.0%
10.7%
Q3 25
41.1%
-1.3%
Q2 25
18.7%
-16.6%
Q1 25
35.4%
-17.2%
Q4 24
31.8%
-42.3%
Q3 24
34.3%
-10.9%
Q2 24
31.3%
-15.0%
Q1 24
34.2%
-16.5%
Net Margin
HTBK
HTBK
SUNE
SUNE
Q4 25
28.2%
9.6%
Q3 25
29.4%
-2.1%
Q2 25
13.4%
-73.5%
Q1 25
25.2%
-27.7%
Q4 24
22.9%
-44.4%
Q3 24
24.9%
-22.4%
Q2 24
22.1%
-51.2%
Q1 24
24.1%
9.1%
EPS (diluted)
HTBK
HTBK
SUNE
SUNE
Q4 25
$0.25
$105.59
Q3 25
$0.24
$-0.12
Q2 25
$0.10
$-3.14
Q1 25
$0.19
$-106.71
Q4 24
$0.17
$41676.94
Q3 24
$0.17
$-2350.12
Q2 24
$0.15
$-11022.91
Q1 24
$0.17
$-38414.84

Balance Sheet & Financial Strength

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

Metric
HTBK
HTBK
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$7.2M
Total DebtLower is stronger
$6.6M
Stockholders' EquityBook value
$708.6M
$24.3M
Total Assets
$5.8B
$48.2M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTBK
HTBK
SUNE
SUNE
Q4 25
$7.2M
Q3 25
$5.4M
Q2 25
$3.2M
Q1 25
$1.4M
Q4 24
$839.3K
Q3 24
$1.1M
Q2 24
$1.0M
Q1 24
$1.8M
Total Debt
HTBK
HTBK
SUNE
SUNE
Q4 25
$6.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTBK
HTBK
SUNE
SUNE
Q4 25
$708.6M
$24.3M
Q3 25
$700.0M
$21.7M
Q2 25
$694.7M
$22.1M
Q1 25
$696.2M
$14.8M
Q4 24
$689.7M
$8.5M
Q3 24
$685.4M
$13.1M
Q2 24
$679.2M
$-10.9M
Q1 24
$676.3M
$-11.2M
Total Assets
HTBK
HTBK
SUNE
SUNE
Q4 25
$5.8B
$48.2M
Q3 25
$5.6B
$49.6M
Q2 25
$5.5B
$44.1M
Q1 25
$5.5B
$44.4M
Q4 24
$5.6B
$45.7M
Q3 24
$5.6B
$51.0M
Q2 24
$5.3B
$52.9M
Q1 24
$5.3B
$54.7M
Debt / Equity
HTBK
HTBK
SUNE
SUNE
Q4 25
0.27×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
SUNE
SUNE
Operating Cash FlowLast quarter
$61.7M
$2.1M
Free Cash FlowOCF − Capex
$61.3M
FCF MarginFCF / Revenue
114.3%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
4.08×
0.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTBK
HTBK
SUNE
SUNE
Q4 25
$61.7M
$2.1M
Q3 25
$18.9M
$2.4M
Q2 25
$8.0M
$-130.2K
Q1 25
$14.8M
$-3.4M
Q4 24
$39.0M
$-1.9M
Q3 24
$5.3M
$-968.1K
Q2 24
$10.5M
$-776.4K
Q1 24
$7.3M
$-2.6M
Free Cash Flow
HTBK
HTBK
SUNE
SUNE
Q4 25
$61.3M
Q3 25
$18.8M
$2.4M
Q2 25
Q1 25
Q4 24
$37.3M
$-1.9M
Q3 24
$4.9M
$-980.3K
Q2 24
$9.9M
$-788.4K
Q1 24
$6.9M
$-2.7M
FCF Margin
HTBK
HTBK
SUNE
SUNE
Q4 25
114.3%
Q3 25
37.7%
12.5%
Q2 25
Q1 25
Q4 24
80.5%
-12.4%
Q3 24
11.6%
-6.7%
Q2 24
23.6%
-5.8%
Q1 24
16.4%
-20.1%
Capex Intensity
HTBK
HTBK
SUNE
SUNE
Q4 25
0.7%
Q3 25
0.1%
0.0%
Q2 25
Q1 25
Q4 24
3.5%
0.0%
Q3 24
1.0%
0.1%
Q2 24
1.6%
0.1%
Q1 24
1.0%
0.0%
Cash Conversion
HTBK
HTBK
SUNE
SUNE
Q4 25
4.08×
0.81×
Q3 25
1.28×
Q2 25
1.25×
Q1 25
1.28×
Q4 24
3.67×
Q3 24
0.50×
Q2 24
1.14×
Q1 24
0.72×
-2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HTBK
HTBK

Segment breakdown not available.

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

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