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

Valley National Bancorp's Research & Development history runs 9 years deep, the most recent figure standing at $3.3 million for Q1 2022.

• Quarterly Research & Development rose 3.51% year-over-year to $3.3 million in Q1 2022, while the trailing twelve-month figure through Mar 2022 was $11.5 million (down 0.78% YoY) and the FY2021 annual result came in at $11.4 million, up 6.26% from the prior year.
• Research & Development was $3.3 million for Q1 2022 at Valley National Bancorp, up from $2.9 million in the prior quarter.
• Across five years, Research & Development topped out at $3.6 million in Q1 2018 and bottomed at $2.1 million in Q3 2020.
• A 5-year average of $2.8 million and a median of $2.7 million in 2021 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2019 — Research & Development sank 36.89% — and 2021, when it jumped 38.17%.
• Valley National Bancorp's Research & Development stood at $2.2 million in 2018, then advanced by 18.47% to $2.6 million in 2019, then jumped by 36.01% to $3.5 million in 2020, then decreased by 16.85% to $2.9 million in 2021, then increased by 12.72% to $3.3 million in 2022.
• Business Quant data shows VLY's Research & Development at $3.3 million in Q1 2022, $2.9 million in Q4 2021, and $2.6 million in Q3 2021.