Norwood Financial (NWFL) Research & Development: 2017-2024

Historic Research & Development for Norwood Financial (NWFL) over the last 8 years, with Sep 2024 value amounting to $1.2 million.

  • Norwood Financial's Research & Development rose 32.65% to $1.2 million in Q3 2024 from the same period last year, while for Sep 2024 it was $4.1 million, marking a year-over-year increase of 20.75%. This contributed to the annual value of $3.3 million for FY2023, which is 13.36% up from last year.
  • Latest data reveals that Norwood Financial reported Research & Development of $1.2 million as of Q3 2024, which was up 13.48% from $1.0 million recorded in Q2 2024.
  • Norwood Financial's 5-year Research & Development high stood at $1.2 million for Q3 2024, and its period low was $437,000 during Q1 2020.
  • Its 3-year average for Research & Development is $863,455, with a median of $876,000 in 2023.
  • Its Research & Development has fluctuated over the past 5 years, first spiked by 72.28% in 2020, then fell by 20.38% in 2021.
  • Quarterly analysis of 5 years shows Norwood Financial's Research & Development stood at $808,000 in 2020, then dropped by 18.94% to $655,000 in 2021, then soared by 40.00% to $917,000 in 2022, then fell by 4.36% to $877,000 in 2023, then soared by 32.65% to $1.2 million in 2024.
  • Its Research & Development was $1.2 million in Q3 2024, compared to $1.0 million in Q2 2024 and $1.0 million in Q1 2024.