FVCBankcorp (FVCB) Research & Development: 2017-2024
Historic Research & Development for FVCBankcorp (FVCB) over the last 8 years, with Dec 2024 value amounting to $2.7 million.
- 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.
- Per FVCBankcorp's latest filing, its Research & Development stood at $2.7 million for FY2024, which was up 10.17% from $2.5 million recorded in FY2023.
- In the past 5 years, FVCBankcorp's Research & Development registered a high of $2.7 million during FY2024, and its lowest value of $2.0 million during FY2020.
- For the 3-year period, FVCBankcorp's Research & Development averaged around $2.5 million, with its median value being $2.5 million (2023).
- Data for FVCBankcorp's Research & Development shows a peak YoY climbed of 23.81% (in 2020) over the last 5 years.
- Yearly analysis of 5 years shows FVCBankcorp's Research & Development stood at $2.0 million in 2020, then increased by 8.63% to $2.2 million in 2021, then climbed by 4.54% to $2.3 million in 2022, then increased by 7.16% to $2.5 million in 2023, then grew by 10.17% to $2.7 million in 2024.