Heritage Commerce (HTBK) Research & Development (2017 - 2019)

Heritage Commerce (HTBK) has disclosed Research & Development for 3 consecutive years, with $1.0 million as the latest value for Q4 2019.

  • Quarterly Research & Development rose 114.44% to $1.0 million in Q4 2019 from the year-ago period, while the trailing twelve-month figure was $2.9 million through Dec 2019, up 46.11% year-over-year, with the annual reading at $2.9 million for FY2019, 46.11% up from the prior year.
  • Research & Development hit $1.0 million in Q4 2019 for Heritage Commerce, up from $454000.0 in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $1.0 million in Q4 2019 to a low of $286000.0 in Q2 2017.
  • Historically, Research & Development has averaged $529250.0 across 3 years, with a median of $466000.0 in 2018.
  • Biggest five-year swings in Research & Development: surged 117.48% in 2018 and later dropped 13.52% in 2019.
  • Year by year, Research & Development stood at $403000.0 in 2017, then grew by 18.61% to $478000.0 in 2018, then surged by 114.44% to $1.0 million in 2019.
  • Business Quant data shows Research & Development for HTBK at $1.0 million in Q4 2019, $454000.0 in Q3 2019, and $732000.0 in Q2 2019.