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
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