Community Financial System (CBU) Research & Development (2016 - 2023)
Historic Research & Development for Community Financial System (CBU) over the last 14 years, with Q4 2023 value amounting to $14.7 million.
- Community Financial System's Research & Development rose 762.18% to $14.7 million in Q4 2023 from the same period last year, while for Dec 2023 it was $57.6 million, marking a year-over-year increase of 644.37%. This contributed to the annual value of $61.8 million for FY2024, which is 739.43% up from last year.
- According to the latest figures from Q4 2023, Community Financial System's Research & Development is $14.7 million, which was up 762.18% from $15.5 million recorded in Q3 2023.
- In the past 5 years, Community Financial System's Research & Development registered a high of $15.5 million during Q3 2023, and its lowest value of $9.4 million during Q1 2019.
- Moreover, its 5-year median value for Research & Development was $12.7 million (2021), whereas its average is $12.5 million.
- Per our database at Business Quant, Community Financial System's Research & Development surged by 157.96% in 2019 and then skyrocketed by 1899.55% in 2021.
- Over the past 5 years, Community Financial System's Research & Development (Quarter) stood at $10.9 million in 2019, then increased by 13.55% to $12.4 million in 2020, then grew by 3.76% to $12.9 million in 2021, then grew by 5.94% to $13.6 million in 2022, then rose by 7.62% to $14.7 million in 2023.
- Its Research & Development was $14.7 million in Q4 2023, compared to $15.5 million in Q3 2023 and $14.3 million in Q2 2023.