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Western New England Bancorp (WNEB) Research & Development (2016 - 2021)

Western New England Bancorp (WNEB) has disclosed Research & Development for 8 consecutive years, with $726000.0 as the latest value for Q4 2021.

  • Quarterly Research & Development rose 2.11% to $726000.0 in Q4 2021 from the year-ago period, while the trailing twelve-month figure was $2.9 million through Dec 2021, changed 0.07% year-over-year, with the annual reading at $3.6 million for FY2025, 4.4% up from the prior year.
  • Research & Development for Q4 2021 was $726000.0 at Western New England Bancorp, up from $698000.0 in the prior quarter.
  • The five-year high for Research & Development was $898000.0 in Q4 2018, with the low at $391000.0 in Q1 2017.
  • Average Research & Development over 5 years is $695222.2, with a median of $705000.0 recorded in 2019.
  • Peak annual rise in Research & Development hit 76.05% in 2017, while the deepest fall reached 37.04% in 2017.
  • Over 5 years, Research & Development stood at $680000.0 in 2017, then surged by 32.06% to $898000.0 in 2018, then fell by 21.71% to $703000.0 in 2019, then rose by 1.14% to $711000.0 in 2020, then rose by 2.11% to $726000.0 in 2021.
  • According to Business Quant data, Research & Development over the past three periods came in at $726000.0, $698000.0, and $758000.0 for Q4 2021, Q3 2021, and Q2 2021 respectively.