Heritage Commerce (HTBK) Research & Development: 2017-2019
Historic Research & Development for Heritage Commerce (HTBK) over the last 3 years, with Dec 2019 value amounting to $1.0 million.
- Heritage Commerce's Research & Development rose 114.88% to $1.0 million in Q4 2019 from the same period last year, while for Dec 2019 it was $2.9 million, marking a year-over-year increase of 46.18%. This contributed to the annual value of $2.9 million for FY2019, which is 46.11% up from last year.
- Heritage Commerce's Research & Development amounted to $1.0 million in Q4 2019, which was up 125.77% from $454,000 recorded in Q3 2019.
- In the past 5 years, Heritage Commerce's Research & Development ranged from a high of $1.0 million in Q4 2019 and a low of $286,000 during Q2 2017.
- Moreover, its 3-year median value for Research & Development was $465,500 (2018), whereas its average is $529,167.
- Its Research & Development has fluctuated over the past 5 years, first spiked by 117.48% in 2018, then fell by 13.52% in 2019.
- Over the past 3 years, Heritage Commerce's Research & Development (Quarterly) stood at $403,000 in 2017, then climbed by 18.36% to $477,000 in 2018, then surged by 114.88% to $1.0 million in 2019.
- Its Research & Development stands at $1.0 million for Q4 2019, versus $454,000 for Q3 2019 and $732,000 for Q2 2019.