First Northern Community Bancorp (FNRN) Research & Development (2011 - 2026)
First Northern Community Bancorp (FNRN) posted Research & Development of $1.1 million for Q1 2026, down 0.79% sequentially from $1.1 million in Q4 2025, and up 3.38% YoY from $1.1 million in Q1 2025.
First Northern Community Bancorp (FNRN) Research & Development (2011 - 2026) Analysis & Trends
First Northern Community Bancorp has reported Research & Development for 16 years, with the latest figure at $1.1 million in Q1 2026.
- Quarterly Research & Development rose 3.38% year-over-year to $1.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.6 million (up 7.21% YoY) and the FY2025 annual result came in at $4.6 million, up 8.26% from the prior year.
- Research & Development retreated to $1.1 million in Q1 2026 per FNRN's latest filing, from $1.1 million in the prior quarter.
- Over five years, Research & Development peaked at $1.2 million in Q3 2025 and troughed at $836000.0 in Q2 2022.
- A 5-year average of $1.0 million and a median of $1.0 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development slipped 9.82% in 2022, then advanced 26.77% in 2023.
- Over 5 years, Research & Development stood at $863000.0 in 2022, then gained by 26.77% to $1.1 million in 2023, then gained by 5.94% to $1.2 million in 2024, then declined by 1.47% to $1.1 million in 2025, then retreated by 0.79% to $1.1 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $1.1 million, $1.1 million, and $1.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | First Northern Community Bancorp | 281.13 Mn | -83.46 Mn | 535,000.00 | 1.40 Mn |
Historic Data
Download 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 |