Heritage Commerce (HTBK) Research & Development (2010 - 2019)

Heritage Commerce recorded quarterly Research & Development of $1.0 million in Q4 2019, up 125.77% quarter-over-quarter from $454000.0 in Q3 2019, and up 114.88% year-over-year from $477000.0 in Q4 2018.

Heritage Commerce's Research & Development history runs 10 years deep, the most recent figure standing at $1.0 million for Q4 2019.

  • In Q4 2019, Research & Development rose 114.88% year-over-year to $1.0 million; the TTM figure through Dec 2019 stood at $2.9 million (up 46.18% YoY), while the FY2019 annual figure 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.
  • A 5-year average of $452600.0 and a median of $407000.0 in 2015 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development slumped 55.34% in 2016 and jumped 117.48% in 2018, its largest moves.
  • Heritage Commerce's Research & Development stood at $421000.0 in 2015, then tumbled by 55.34% to $188000.0 in 2016, then jumped by 114.36% to $403000.0 in 2017, then gained by 18.36% to $477000.0 in 2018, then jumped by 114.88% to $1.0 million in 2019.
  • According to Business Quant data, Research & Development over the past three periods registered $1.0 million, $454000.0, and $732000.0 for Q4 2019, Q3 2019, and Q2 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 1.10 Mn
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 554,000.00
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
8 KB Financial 150.02 Bn 142.15 Bn - -
9 Pnc Financial Services 88.79 Bn 88.84 Bn - -
10 Heritage Commerce 824.94 Mn 77.20 Mn - -

Historic Data

Download Data 🔒
DateValue
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
Dec 31, 2014 228,000.00
Sep 30, 2014 238,000.00
Jun 30, 2014 273,000.00
Mar 31, 2014 230,000.00
Dec 31, 2013 240,000.00
Sep 30, 2013 259,000.00
Jun 30, 2013 327,000.00
Mar 31, 2013 252,000.00
Dec 31, 2012 239,000.00
Sep 30, 2012 252,000.00
Jun 30, 2012 247,000.00
Mar 31, 2012 245,000.00
Dec 31, 2011 223,000.00
Sep 30, 2011 234,000.00
Jun 30, 2011 198,000.00
Mar 31, 2011 220,000.00
Dec 31, 2010 212,000.00
Sep 30, 2010 188,000.00
Jun 30, 2010 219,000.00