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FVCBankcorp (FVCB) Research & Development: 2017-2021

Historic Research & Development for FVCBankcorp (FVCB) over the last 4 years, with Dec 2021 value amounting to $570,000.

  • FVCBankcorp's Research & Development rose 1.42% to $570,000 in Q4 2021 from the same period last year, while for Dec 2021 it was $2.2 million, marking a year-over-year increase of 8.68%. This contributed to the annual value of $2.7 million for FY2024, which is 10.17% up from last year.
  • FVCBankcorp's Research & Development amounted to $570,000 in Q4 2021, which was up 9.62% from $520,000 recorded in Q3 2021.
  • In the past 5 years, FVCBankcorp's Research & Development ranged from a high of $570,000 in Q4 2021 and a low of $275,000 during Q3 2017.
  • Over the past 3 years, FVCBankcorp's median Research & Development value was $507,000 (recorded in 2020), while the average stood at $489,167.
  • Per our database at Business Quant, FVCBankcorp's Research & Development skyrocketed by 56.79% in 2019 and then declined by 3.35% in 2021.
  • FVCBankcorp's Research & Development (Quarterly) stood at $302,000 in 2017, then climbed by 14.90% to $347,000 in 2018, then increased by 27.38% to $442,000 in 2019, then rose by 27.15% to $562,000 in 2020, then rose by 1.42% to $570,000 in 2021.
  • Its last three reported values are $570,000 in Q4 2021, $520,000 for Q3 2021, and $551,000 during Q2 2021.