Primis Financial (FRST) Research & Development (2010 - 2026)

Primis Financial's (FRST) quarterly Research & Development came in at $2.2 million in Q1 2026, down 23.2% year-on-year from $2.8 million in Q1 2025, and down 9.62% on a QoQ basis from $2.4 million in Q4 2025.

Primis Financial (FRST) Research & Development (2010 - 2026) Analysis & Trends

Primis Financial (FRST) has 17 years of Research & Development data on file, last reported at $2.2 million in Q1 2026.

  • On a quarterly basis, Research & Development fell 23.2% year-over-year to $2.2 million in Q1 2026; TTM through Mar 2026 was $10.0 million, a 10.44% decrease from a year earlier, with the FY2025 full-year figure at $10.7 million, up 1.06% from the prior year.
  • Research & Development for Q1 2026 stood at $2.2 million, down from $2.4 million in the prior quarter.
  • Over the last five years, Research & Development for FRST reached as high as $3.4 million in Q4 2024 and fell as low as $1.3 million in Q2 2022.
  • Historically, Research & Development has averaged $2.3 million across 5 years, with a median of $2.3 million in 2023.
  • Across the five-year window, Research & Development jumped 118.72% in 2023 and dropped 29.5% in 2025, its largest moves.
  • Year by year, Research & Development stood at $1.7 million in 2022, then soared by 30.2% to $2.2 million in 2023, then jumped by 54.96% to $3.4 million in 2024, then fell by 29.5% to $2.4 million in 2025, then retreated by 9.62% to $2.2 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $2.2 million in Q1 2026, $2.4 million in Q4 2025, and $2.4 million in 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 Primis Financial 386.99 Mn 227.11 Mn - 2.19 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.19 Mn
Dec 31, 2025 2.42 Mn
Sep 30, 2025 2.37 Mn
Jun 30, 2025 3.04 Mn
Mar 31, 2025 2.85 Mn
Dec 31, 2024 3.43 Mn
Sep 30, 2024 2.55 Mn
Jun 30, 2024 2.35 Mn
Mar 31, 2024 2.23 Mn
Dec 31, 2023 2.22 Mn
Sep 30, 2023 2.25 Mn
Jun 30, 2023 2.83 Mn
Mar 31, 2023 2.25 Mn
Dec 31, 2022 1.70 Mn
Sep 30, 2022 1.53 Mn
Jun 30, 2022 1.29 Mn
Mar 31, 2022 1.49 Mn
Dec 31, 2021 1.03 Mn
Sep 30, 2021 1.00 Mn
Jun 30, 2021 1.02 Mn