United Security Bancshares (UBFO) Research & Development: 2016-2024

Historic Research & Development for United Security Bancshares (UBFO) over the last 9 years, with Dec 2024 value amounting to $338,000.

  • United Security Bancshares' Research & Development rose 68.16% to $338,000 in Q4 2024 from the same period last year, while for Dec 2024 it was $1.1 million, marking a year-over-year increase of 42.09%. This contributed to the annual value of $1.1 million for FY2024, which is 42.09% up from last year.
  • Latest data reveals that United Security Bancshares reported Research & Development of $338,000 as of Q4 2024, which was down 27.62% from $467,000 recorded in Q3 2024.
  • United Security Bancshares' 5-year Research & Development high stood at $467,000 for Q3 2024, and its period low was $87,000 during Q1 2021.
  • Its 3-year average for Research & Development is $215,333, with a median of $202,500 in 2023.
  • Its Research & Development has fluctuated over the past 5 years, first plummeted by 40.88% in 2020, then soared by 128.92% in 2024.
  • Quarterly analysis of 5 years shows United Security Bancshares' Research & Development stood at $107,000 in 2020, then skyrocketed by 71.03% to $183,000 in 2021, then increased by 15.30% to $211,000 in 2022, then declined by 4.74% to $201,000 in 2023, then skyrocketed by 68.16% to $338,000 in 2024.
  • Its last three reported values are $338,000 in Q4 2024, $467,000 for Q3 2024, and $198,000 during Q2 2024.