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

Valley National Bancorp (VLY) has 9 years of Research & Development data on file, last reported 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.
• Across five years, Research & Development topped out at $3.6 million in Q1 2018 and bottomed at $2.1 million in Q3 2020.
• The 5-year median for Research & Development is $2.7 million (2021), against an average of $2.8 million.
• The widest annual swing landed in 2019, when Research & Development plunged 36.89%; it then jumped 38.17% in 2021.
• A 5-year view of Research & Development shows it stood at $2.2 million in 2018, then gained by 18.47% to $2.6 million in 2019, then soared by 36.01% to $3.5 million in 2020, then retreated by 16.85% to $2.9 million in 2021, then grew 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.

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