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

Historic Research & Development for Heritage Commerce (HTBK) over the last 3 years, with Q4 2019 value amounting to $1.0 million.

  • Heritage Commerce's Research & Development rose 11488.47% to $1.0 million in Q4 2019 from the same period last year, while for Dec 2019 it was $2.7 million, marking a year-over-year increase of 2401.12%. This contributed to the annual value of $2.9 million for FY2019, which is 4610.72% up from last year.
  • Latest data reveals that Heritage Commerce reported Research & Development of $1.0 million as of Q4 2019, which was up 11488.47% from $454000.0 recorded in Q3 2019.
  • Over the past 5 years, Heritage Commerce's Research & Development peaked at $1.0 million during Q4 2019, and registered a low of $286000.0 during Q2 2017.
  • Over the past 3 years, Heritage Commerce's median Research & Development value was $465500.0 (recorded in 2018), while the average stood at $529166.7.
  • Per our database at Business Quant, Heritage Commerce's Research & Development surged by 11748.25% in 2018 and then tumbled by 1352.38% in 2019.
  • Over the past 3 years, Heritage Commerce's Research & Development (Quarter) stood at $403000.0 in 2017, then grew by 18.36% to $477000.0 in 2018, then skyrocketed by 114.88% to $1.0 million in 2019.
  • Its last three reported values are $1.0 million in Q4 2019, $454000.0 for Q3 2019, and $732000.0 during Q2 2019.