Heritage Commerce (HTBK) Research & Development (2010 - 2019)
Heritage Commerce's (HTBK) quarterly Research & Development came in at $1.0 million in Q4 2019, up 114.88% year-on-year from $477000.0 in Q4 2018, and up 125.77% quarter-over-quarter from $454000.0 in Q3 2019.
Heritage Commerce (HTBK) Research & Development (2010 - 2019) Analysis & Trends
Heritage Commerce has disclosed Research & Development across 10 years of filings, most recently posting $1.0 million for Q4 2019.
- Research & Development for Q4 2019 came in at $1.0 million, up 114.88% year-over-year; the trailing twelve-month figure through Dec 2019 was $2.9 million (up 46.18% YoY), and the FY2019 annual result was $2.9 million, up 46.11% from the prior year.
- Research & Development came in at $1.0 million for Q4 2019 at 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 $188000.0 in Q4 2016.
- The 5-year median for Research & Development is $407000.0 (2015), against an average of $452600.0.
- Across the five-year window, Research & Development tumbled 55.34% in 2016 and soared 117.48% in 2018, its largest moves.
- Heritage Commerce's Research & Development stood at $421000.0 in 2015, then plunged by 55.34% to $188000.0 in 2016, then soared by 114.36% to $403000.0 in 2017, then rose by 18.36% to $477000.0 in 2018, then soared by 114.88% to $1.0 million in 2019.
- The last three Research & Development figures came in at $1.0 million (Q4 2019), $454000.0 (Q3 2019), and $732000.0 (Q2 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 554,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Heritage Commerce | 824.94 Mn | 77.20 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | 1.03 Mn |
| Sep 30, 2019 | 454,000.00 |
| Jun 30, 2019 | 732,000.00 |
| Mar 31, 2019 | 679,000.00 |
| Dec 31, 2018 | 477,000.00 |
| Sep 30, 2018 | 525,000.00 |
| Jun 30, 2018 | 622,000.00 |
| Mar 31, 2018 | 353,000.00 |
| Dec 31, 2017 | 403,000.00 |
| Sep 30, 2017 | 411,000.00 |
| Jun 30, 2017 | 286,000.00 |
| Mar 31, 2017 | 383,000.00 |
| Dec 31, 2016 | 188,000.00 |
| Sep 30, 2016 | 372,000.00 |
| Jun 30, 2016 | 371,000.00 |
| Mar 31, 2016 | 400,000.00 |
| Dec 31, 2015 | 421,000.00 |
| Sep 30, 2015 | 411,000.00 |
| Jun 30, 2015 | 236,000.00 |
| Mar 31, 2015 | 303,000.00 |