KPIs & Operating Metrics(New)

Community Financial System (CBU) Research & Development: 2010-2023

Historic Research & Development for Community Financial System (CBU) over the last 14 years, with Dec 2023 value amounting to $14.7 million.

  • Community Financial System's Research & Development rose 7.62% 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 6.44%. This contributed to the annual value of $61.8 million for FY2024, which is 7.39% up from last year.
  • According to the latest figures from Q4 2023, Community Financial System's Research & Development is $14.7 million, which was down 5.14% from $15.5 million recorded in Q3 2023.
  • In the past 5 years, Community Financial System's Research & Development ranged from a high of $15.5 million in Q3 2023 and a low of $9.4 million during Q1 2019.
  • Over the past 3 years, Community Financial System's median Research & Development value was $13.4 million (recorded in 2022), while the average stood at $13.6 million.
  • Data for Community Financial System's Research & Development shows a peak YoY grew of 19.00% (in 2021) over the last 5 years.
  • Quarterly analysis of 5 years shows Community Financial System's Research & Development stood at $10.9 million in 2019, then increased by 13.55% to $12.4 million in 2020, then climbed by 3.76% to $12.9 million in 2021, then rose by 5.94% to $13.6 million in 2022, then rose by 7.62% to $14.7 million in 2023.
  • Its Research & Development stands at $14.7 million for Q4 2023, versus $15.5 million for Q3 2023 and $14.3 million for Q2 2023.