First Northern Community Bancorp (FNRN) Research & Development (2011 - 2026)
First Northern Community Bancorp's (FNRN) quarterly Research & Development came in at $1.4 million in Q2 2026, up 26.93% year-over-year from $1.1 million in Q2 2025, and up 23.12% quarter-over-quarter from $1.1 million in Q1 2026.
Analysis
First Northern Community Bancorp (FNRN) Research & Development (2011 - 2026) Analysis & Trends
First Northern Community Bancorp has disclosed Research & Development across 16 years of filings, most recently posting $1.4 million for Q2 2026.
- In Q2 2026, Research & Development rose 26.93% year-over-year to $1.4 million; the TTM figure through Jun 2026 stood at $4.9 million (up 10.67% YoY), while the FY2025 annual figure was $4.6 million, up 8.26% from the prior year.
- Research & Development came in at $1.4 million for Q2 2026 at First Northern Community Bancorp, up from $1.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.4 million in Q2 2026 to a low of $836000.0 in Q2 2022.
- Average Research & Development over 5 years is $1.0 million, with a median of $1.0 million recorded in 2024.
- Year-over-year, Research & Development decreased 9.82% in 2022 and grew 26.93% in 2026.
- Over 5 years, Research & Development stood at $863000.0 in 2022, then increased by 26.77% to $1.1 million in 2023, then increased by 5.94% to $1.2 million in 2024, then slipped by 1.47% to $1.1 million in 2025, then grew by 22.15% to $1.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $1.4 million in Q2 2026, $1.1 million in Q1 2026, and $1.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | - |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | - |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 108.00 Mn |
| 10 | First Northern Community Bancorp | 278.39 Mn | -86.20 Mn | 535,000.00 | 1.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.40 Mn |
| Mar 31, 2026 | 1.13 Mn |
| Dec 31, 2025 | 1.14 Mn |
| Sep 30, 2025 | 1.24 Mn |
| Jun 30, 2025 | 1.10 Mn |
| Mar 31, 2025 | 1.10 Mn |
| Dec 31, 2024 | 1.16 Mn |
| Sep 30, 2024 | 1.08 Mn |
| Jun 30, 2024 | 966,000.00 |
| Mar 31, 2024 | 1.02 Mn |
| Dec 31, 2023 | 1.09 Mn |
| Sep 30, 2023 | 933,000.00 |
| Jun 30, 2023 | 997,000.00 |
| Mar 31, 2023 | 1.02 Mn |
| Dec 31, 2022 | 863,000.00 |
| Sep 30, 2022 | 912,000.00 |
| Jun 30, 2022 | 836,000.00 |
| Mar 31, 2022 | 839,000.00 |
| Dec 31, 2021 | 820,000.00 |
| Sep 30, 2021 | 839,000.00 |