First Business Financial Services (FBIZ) Research & Development (2010 - 2026)
First Business Financial Services (FBIZ) reported Research & Development of $1.3 million for Q1 2026, up 17.38% year-over-year from $1.1 million in Q1 2025, and up 9.67% quarter-over-quarter from $1.2 million in Q4 2025.
First Business Financial Services (FBIZ) Research & Development (2010 - 2026) Analysis & Trends
First Business Financial Services (FBIZ) has 17 years of Research & Development data on file, last reported at $1.3 million in Q1 2026.
- Research & Development for Q1 2026 came in at $1.3 million, up 17.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.9 million (down 0.75% YoY), and the FY2025 annual result was $4.7 million, down 3.27% from the prior year.
- Research & Development improved to $1.3 million in Q1 2026 per FBIZ's latest filing, from $1.2 million in the prior quarter.
- Over five years, Research & Development peaked at $1.6 million in Q4 2024 and troughed at $719000.0 in Q3 2022.
- A 5-year average of $1.1 million and a median of $1.0 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2025: Research & Development surged 75.77% in 2024, then declined 29.69% in 2025.
- A 5-year view of Research & Development shows it stood at $806000.0 in 2022, then increased by 16.25% to $937000.0 in 2023, then surged by 75.77% to $1.6 million in 2024, then slipped by 29.69% to $1.2 million in 2025, then increased by 9.67% to $1.3 million in 2026.
- Business Quant data shows FBIZ's Research & Development at $1.3 million in Q1 2026, $1.2 million in Q4 2025, and $1.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 554,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | First Business Financial Services | 496.49 Mn | 321.17 Mn | - | 1.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.27 Mn |
| Dec 31, 2025 | 1.16 Mn |
| Sep 30, 2025 | 1.12 Mn |
| Jun 30, 2025 | 1.37 Mn |
| Mar 31, 2025 | 1.08 Mn |
| Dec 31, 2024 | 1.65 Mn |
| Sep 30, 2024 | 1.05 Mn |
| Jun 30, 2024 | 1.18 Mn |
| Mar 31, 2024 | 1.02 Mn |
| Dec 31, 2023 | 937,000.00 |
| Sep 30, 2023 | 953,000.00 |
| Jun 30, 2023 | 1.06 Mn |
| Mar 31, 2023 | 875,000.00 |
| Dec 31, 2022 | 806,000.00 |
| Sep 30, 2022 | 719,000.00 |
| Jun 30, 2022 | 892,000.00 |
| Mar 31, 2022 | 780,000.00 |
| Dec 31, 2021 | 772,000.00 |
| Sep 30, 2021 | 746,000.00 |
| Jun 30, 2021 | 798,000.00 |