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HERITAGE COMMERCE CORP（HTBK）与道富集团（STT）财务数据对比。点击上方公司名可切换其他公司
道富集团的季度营收约是HERITAGE COMMERCE CORP的68.4倍（$3.7B vs $53.6M），HERITAGE COMMERCE CORP净利率更高（28.2% vs 20.4%，领先7.8%），HERITAGE COMMERCE CORP同比增速更快（15.6% vs 7.5%），道富集团自由现金流更多（$9.8B vs $61.3M），过去两年HERITAGE COMMERCE CORP的营收复合增速更高（12.8% vs 8.1%）
本文介绍的企业主体信息与内容描述不符，描述内容实际为美国商会，该商会成立于1912年4月23日，是美国规模最大的游说类商业协会 advocacy 团体，成立之初得益于时任总统威廉·霍华德·塔夫脱与劳工商务部长查尔斯·内格尔推动，旨在代表工商界发声。
道富集团是总部位于美国波士顿的跨国金融服务及银行控股公司，历史可追溯至1792年成立的联合银行，是美国运营历史第二悠久的存续银行。作为全球顶尖的资产管理与托管机构，截至2025年第三季度，其管理资产规模约5.4万亿美元，托管及管理资产总规模达51.7万亿美元。
HTBK vs STT — 直观对比
营收规模更大
STT
是对方的68.4倍
$53.6M
营收增速更快
HTBK
高出8.2%
7.5%
净利率更高
HTBK
高出7.8%
20.4%
自由现金流更多
STT
多$9.7B
$61.3M
两年增速更快
HTBK
近两年复合增速
8.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $53.6M | $3.7B |
| 净利润 | $15.1M | $747.0M |
| 毛利率 | — | — |
| 营业利润率 | 41.0% | 25.0% |
| 净利率 | 28.2% | 20.4% |
| 营收同比 | 15.6% | 7.5% |
| 净利润同比 | 42.3% | -4.6% |
| 每股收益（稀释后） | $0.25 | $2.41 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收HTBKSTT
| Q4 25 | $53.6M | $3.7B | ||
| Q3 25 | $50.0M | $3.5B | ||
| Q2 25 | $47.8M | $3.4B | ||
| Q1 25 | $46.1M | $3.3B | ||
| Q4 24 | $46.4M | $3.4B | ||
| Q3 24 | $42.2M | $3.3B | ||
| Q2 24 | $41.7M | $3.2B | ||
| Q1 24 | $42.1M | $3.1B |
净利润HTBKSTT
| Q4 25 | $15.1M | $747.0M | ||
| Q3 25 | $14.7M | $861.0M | ||
| Q2 25 | $6.4M | $693.0M | ||
| Q1 25 | $11.6M | $644.0M | ||
| Q4 24 | $10.6M | $783.0M | ||
| Q3 24 | $10.5M | $730.0M | ||
| Q2 24 | $9.2M | $711.0M | ||
| Q1 24 | $10.2M | $463.0M |
营业利润率HTBKSTT
| Q4 25 | 41.0% | 25.0% | ||
| Q3 25 | 41.1% | 31.1% | ||
| Q2 25 | 18.7% | 25.8% | ||
| Q1 25 | 35.4% | 25.0% | ||
| Q4 24 | 31.8% | 28.1% | ||
| Q3 24 | 34.3% | 28.4% | ||
| Q2 24 | 31.3% | 28.6% | ||
| Q1 24 | 34.2% | 19.1% |
净利率HTBKSTT
| Q4 25 | 28.2% | 20.4% | ||
| Q3 25 | 29.4% | 24.3% | ||
| Q2 25 | 13.4% | 20.1% | ||
| Q1 25 | 25.2% | 19.6% | ||
| Q4 24 | 22.9% | 22.9% | ||
| Q3 24 | 24.9% | 22.4% | ||
| Q2 24 | 22.1% | 22.3% | ||
| Q1 24 | 24.1% | 14.8% |
每股收益（稀释后）HTBKSTT
| Q4 25 | $0.25 | $2.41 | ||
| Q3 25 | $0.24 | $2.78 | ||
| Q2 25 | $0.10 | $2.17 | ||
| Q1 25 | $0.19 | $2.04 | ||
| Q4 24 | $0.17 | $2.43 | ||
| Q3 24 | $0.17 | $2.26 | ||
| Q2 24 | $0.15 | $2.15 | ||
| Q1 24 | $0.17 | $1.37 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $708.6M | $27.8B |
| 总资产 | $5.8B | $366.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
股东权益HTBKSTT
| Q4 25 | $708.6M | $27.8B | ||
| Q3 25 | $700.0M | $27.6B | ||
| Q2 25 | $694.7M | $27.3B | ||
| Q1 25 | $696.2M | $26.7B | ||
| Q4 24 | $689.7M | $25.3B | ||
| Q3 24 | $685.4M | $25.8B | ||
| Q2 24 | $679.2M | $24.8B | ||
| Q1 24 | $676.3M | $24.4B |
总资产HTBKSTT
| Q4 25 | $5.8B | $366.0B | ||
| Q3 25 | $5.6B | $371.1B | ||
| Q2 25 | $5.5B | $376.7B | ||
| Q1 25 | $5.5B | $372.7B | ||
| Q4 24 | $5.6B | $353.2B | ||
| Q3 24 | $5.6B | $338.5B | ||
| Q2 24 | $5.3B | $325.6B | ||
| Q1 24 | $5.3B | $338.0B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $61.7M | $10.0B |
| 自由现金流经营现金流 - 资本支出 | $61.3M | $9.8B |
| 自由现金流率自由现金流/营收 | 114.3% | 266.6% |
| 资本支出强度资本支出/营收 | 0.7% | 7.3% |
| 现金转化率经营现金流/净利润 | 4.08× | 13.44× |
| 过去12个月自由现金流最近4个季度 | — | $10.8B |
8季度趋势，按日历期对齐
经营现金流HTBKSTT
| Q4 25 | $61.7M | $10.0B | ||
| Q3 25 | $18.9M | $7.9B | ||
| Q2 25 | $8.0M | $-8.4B | ||
| Q1 25 | $14.8M | $2.4B | ||
| Q4 24 | $39.0M | $-7.4B | ||
| Q3 24 | $5.3M | $2.7B | ||
| Q2 24 | $10.5M | $-7.6B | ||
| Q1 24 | $7.3M | $-844.0M |
自由现金流HTBKSTT
| Q4 25 | $61.3M | $9.8B | ||
| Q3 25 | $18.8M | $7.7B | ||
| Q2 25 | — | $-8.8B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | $37.3M | $-7.7B | ||
| Q3 24 | $4.9M | $2.5B | ||
| Q2 24 | $9.9M | $-7.9B | ||
| Q1 24 | $6.9M | $-1.1B |
自由现金流率HTBKSTT
| Q4 25 | 114.3% | 266.6% | ||
| Q3 25 | 37.7% | 216.0% | ||
| Q2 25 | — | -254.1% | ||
| Q1 25 | — | 66.1% | ||
| Q4 24 | 80.5% | -225.1% | ||
| Q3 24 | 11.6% | 75.9% | ||
| Q2 24 | 23.6% | -246.2% | ||
| Q1 24 | 16.4% | -34.2% |
资本支出强度HTBKSTT
| Q4 25 | 0.7% | 7.3% | ||
| Q3 25 | 0.1% | 6.9% | ||
| Q2 25 | — | 9.3% | ||
| Q1 25 | — | 6.9% | ||
| Q4 24 | 3.5% | 7.3% | ||
| Q3 24 | 1.0% | 7.2% | ||
| Q2 24 | 1.6% | 6.7% | ||
| Q1 24 | 1.0% | 7.3% |
现金转化率HTBKSTT
| Q4 25 | 4.08× | 13.44× | ||
| Q3 25 | 1.28× | 9.18× | ||
| Q2 25 | 1.25× | -12.18× | ||
| Q1 25 | 1.28× | 3.72× | ||
| Q4 24 | 3.67× | -9.49× | ||
| Q3 24 | 0.50× | 3.71× | ||
| Q2 24 | 1.14× | -10.75× | ||
| Q1 24 | 0.72× | -1.82× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
HTBK
暂无分部数据
STT
| Other | $2.2B | 59% |
| Investment Management | $729.0M | 20% |
| Management Services | $662.0M | 18% |
| Other Fee Revenue | $56.0M | 2% |
| Securities Financing Services | $54.0M | 1% |
