ConnectOne Bancorp (CNOB) Research & Development (2010 - 2021)
ConnectOne Bancorp's (CNOB) quarterly Research & Development came in at $1.6 million in Q4 2021, up 7.17% on a YoY basis from $1.5 million in Q4 2020, and up 2.86% quarter-over-quarter from $1.5 million in Q3 2021.
Analysis
ConnectOne Bancorp (CNOB) Research & Development (2010 - 2021) Analysis & Trends
ConnectOne Bancorp (CNOB) has reported Research & Development for 10 consecutive years, with $1.6 million the latest figure, recorded in Q4 2021.
- For the quarter ending Q4 2021, Research & Development rose 7.17% year-over-year to $1.6 million; the trailing twelve-month figure through Dec 2021 stood at $6.3 million (up 4.28% YoY), and the FY2021 full-year result was $6.3 million, up 4.28% from the prior year.
- Research & Development climbed to $1.6 million in Q4 2021 per CNOB's latest filing, from $1.5 million in the prior quarter.
- Across five years, Research & Development topped out at $1.6 million in Q2 2021 and bottomed at $1.1 million in Q3 2019.
- Historically, Research & Development has averaged $1.3 million across 4 years, with a median of $1.5 million in 2020.
- The sharpest annual moves came in 2019 and 2020: Research & Development decreased 3.99% in 2019, then jumped 39.24% in 2020.
- Over 4 years, Research & Development stood at $1.1 million in 2018, then rose by 6.57% to $1.2 million in 2019, then grew by 28.5% to $1.5 million in 2020, then advanced by 7.17% to $1.6 million in 2021.
- According to Business Quant data, Research & Development over the past three periods registered $1.6 million, $1.5 million, and $1.6 million for Q4 2021, Q3 2021, and Q2 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | - |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | - |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 108.00 Mn |
| 10 | ConnectOne Bancorp | 1.59 Bn | 366.63 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 1.59 Mn |
| Sep 30, 2021 | 1.54 Mn |
| Jun 30, 2021 | 1.60 Mn |
| Mar 31, 2021 | 1.54 Mn |
| Dec 31, 2020 | 1.48 Mn |
| Sep 30, 2020 | 1.47 Mn |
| Jun 30, 2020 | 1.59 Mn |
| Mar 31, 2020 | 1.47 Mn |
| Dec 31, 2019 | 1.15 Mn |
| Sep 30, 2019 | 1.06 Mn |
| Jun 30, 2019 | 1.14 Mn |
| Mar 31, 2019 | 1.16 Mn |
| Dec 31, 2018 | 1.08 Mn |
| Sep 30, 2018 | 1.10 Mn |
| Jun 30, 2018 | 1.09 Mn |
| Dec 31, 2015 | 1.02 Mn |
| Sep 30, 2015 | 957,000.00 |
| Jun 30, 2015 | 829,000.00 |
| Mar 31, 2015 | 900,000.00 |
| Dec 31, 2014 | 814,000.00 |