Customers Bancorp (CUBI) Research & Development (2016 - 2024)
Historic Research & Development for Customers Bancorp (CUBI) over the last 11 years, with Q4 2024 value amounting to $13.4 million.
- Customers Bancorp's Research & Development fell 2044.18% to $13.4 million in Q4 2024 from the same period last year, while for Dec 2024 it was $65.2 million, marking a year-over-year decrease of 60.41%. This contributed to the annual value of $65.2 million for FY2024, which is 60.41% down from last year.
- Per Customers Bancorp's latest filing, its Research & Development stood at $13.4 million for Q4 2024, which was down 2044.18% from $13.6 million recorded in Q3 2024.
- Customers Bancorp's Research & Development's 5-year high stood at $24.1 million during Q1 2022, with a 5-year trough of $10.5 million in Q1 2020.
- Moreover, its 5-year median value for Research & Development was $16.7 million (2023), whereas its average is $17.5 million.
- Per our database at Business Quant, Customers Bancorp's Research & Development soared by 8965.75% in 2021 and then tumbled by 3107.45% in 2023.
- Quarter analysis of 5 years shows Customers Bancorp's Research & Development stood at $16.0 million in 2020, then soared by 41.42% to $22.7 million in 2021, then fell by 17.89% to $18.6 million in 2022, then dropped by 9.23% to $16.9 million in 2023, then fell by 20.44% to $13.4 million in 2024.
- Its Research & Development stands at $13.4 million for Q4 2024, versus $13.6 million for Q3 2024 and $16.2 million for Q2 2024.