Citizens & Northern (CZNC) Research & Development (2017 - 2026)
Citizens & Northern's (CZNC) quarterly Research & Development came in at $2.4 million in Q1 2026, up 18.25% year-on-year from $2.1 million in Q1 2025, and down 10.98% quarter-over-quarter from $2.8 million in Q4 2025.
Citizens & Northern (CZNC) Research & Development (2017 - 2026) Analysis & Trends
Citizens & Northern's Research & Development history runs 10 years deep, the most recent figure standing at $2.4 million for Q1 2026.
- On a quarterly basis, Research & Development rose 18.25% year-over-year to $2.4 million in Q1 2026; TTM through Mar 2026 was $9.1 million, a 16.22% increase from a year earlier, with the FY2025 full-year figure at $8.7 million, up 12.54% from the prior year.
- Research & Development fell to $2.4 million in Q1 2026 per CZNC's latest filing, from $2.8 million in the prior quarter.
- Across five years, Research & Development topped out at $2.8 million in Q4 2025 and bottomed at $1.6 million in Q1 2022.
- The 5-year median for Research & Development is $1.9 million (2023), against an average of $2.0 million.
- Across the five-year window, Research & Development slipped 1.66% in 2024 and soared 45.48% in 2025, its largest moves.
- Year by year, Research & Development stood at $1.7 million in 2022, then rose by 10.26% to $1.9 million in 2023, then retreated by 1.66% to $1.9 million in 2024, then surged by 45.48% to $2.8 million in 2025, then slipped by 10.98% to $2.4 million in 2026.
- Per Business Quant, the three latest CZNC Research & Development figures stand at $2.4 million (Q1 2026), $2.8 million (Q4 2025), and $1.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.10 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 554,000.00 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | Citizens & Northern | 425.73 Mn | 370.93 Mn | - | 2.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.45 Mn |
| Dec 31, 2025 | 2.75 Mn |
| Sep 30, 2025 | 1.94 Mn |
| Jun 30, 2025 | 1.98 Mn |
| Mar 31, 2025 | 2.07 Mn |
| Dec 31, 2024 | 1.89 Mn |
| Sep 30, 2024 | 1.88 Mn |
| Jun 30, 2024 | 2.00 Mn |
| Mar 31, 2024 | 1.99 Mn |
| Dec 31, 2023 | 1.92 Mn |
| Sep 30, 2023 | 1.82 Mn |
| Jun 30, 2023 | 1.90 Mn |
| Mar 31, 2023 | 1.94 Mn |
| Dec 31, 2022 | 1.74 Mn |
| Sep 30, 2022 | 1.72 Mn |
| Jun 30, 2022 | 1.72 Mn |
| Mar 31, 2022 | 1.62 Mn |
| Dec 31, 2021 | 1.56 Mn |
| Sep 30, 2021 | 1.48 Mn |
| Jun 30, 2021 | 1.49 Mn |