FVCBankcorp (FVCB) Research & Development (2017 - 2021)
Historic Research & Development for FVCBankcorp (FVCB) over the last 5 years, with Q4 2021 value amounting to $570000.0.
- FVCBankcorp's Research & Development rose 142.35% to $570000.0 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 867.85%. This contributed to the annual value of $2.7 million for FY2024, which is 1017.02% up from last year.
- According to the latest figures from Q4 2021, FVCBankcorp's Research & Development is $570000.0, which was up 142.35% from $520000.0 recorded in Q3 2021.
- Over the past 5 years, FVCBankcorp's Research & Development peaked at $570000.0 during Q4 2021, and registered a low of $275000.0 during Q3 2017.
- For the 5-year period, FVCBankcorp's Research & Development averaged around $426666.7, with its median value being $436500.0 (2019).
- Its Research & Development has fluctuated over the past 5 years, first surged by 5678.57% in 2019, then tumbled by 334.57% in 2021.
- Quarter analysis of 5 years shows FVCBankcorp's Research & Development stood at $302000.0 in 2017, then grew by 14.9% to $347000.0 in 2018, then grew by 27.38% to $442000.0 in 2019, then rose by 27.15% to $562000.0 in 2020, then rose by 1.42% to $570000.0 in 2021.
- Its last three reported values are $570000.0 in Q4 2021, $520000.0 for Q3 2021, and $551000.0 during Q2 2021.