Valley National Bancorp (VLY) Research & Development (2014 - 2022)

Valley National Bancorp has reported Research & Development for 9 years, with the latest figure at $3.3 million in Q1 2022.

• For the quarter ending Q1 2022, Research & Development rose 3.51% year-over-year to $3.3 million; the trailing twelve-month figure through Mar 2022 stood at $11.5 million (down 0.78% YoY), and the FY2021 full-year result was $11.4 million, up 6.26% from the prior year.
• Research & Development for Q1 2022 stood at $3.3 million, up from $2.9 million in the prior quarter.
• The five-year high for Research & Development was $3.6 million in Q1 2018, with the low at $2.1 million in Q3 2020.
• Historically, Research & Development has averaged $2.8 million across 5 years, with a median of $2.7 million in 2021.
• Annual changes were most pronounced in 2019 — Research & Development slumped 36.89% — and 2021, when it jumped 38.17%.
• Valley National Bancorp's Research & Development stood at $2.2 million in 2018, then rose by 18.47% to $2.6 million in 2019, then surged by 36.01% to $3.5 million in 2020, then fell by 16.85% to $2.9 million in 2021, then climbed by 12.72% to $3.3 million in 2022.
• The last three Research & Development figures came in at $3.3 million (Q1 2022), $2.9 million (Q4 2021), and $2.6 million (Q3 2021), per Business Quant data.