Primis Financial (FRST) Research & Development: 2019-2022

Historic Research & Development for Primis Financial (FRST) over the last 4 years, with Dec 2022 value amounting to $1.7 million.

  • Primis Financial's Research & Development rose 64.92% to $1.7 million in Q4 2022 from the same period last year, while for Dec 2022 it was $6.0 million, marking a year-over-year increase of 56.18%. This contributed to the annual value of $10.6 million for FY2024, which is 10.68% up from last year.
  • Latest data reveals that Primis Financial reported Research & Development of $1.7 million as of Q4 2022, which was up 11.39% from $1.5 million recorded in Q3 2022.
  • In the past 5 years, Primis Financial's Research & Development ranged from a high of $1.7 million in Q4 2022 and a low of $512,000 during Q1 2019.
  • Over the past 3 years, Primis Financial's median Research & Development value was $1.0 million (recorded in 2021), while the average stood at $1.1 million.
  • Data for Primis Financial's Research & Development shows a peak YoY soared of 86.48% (in 2022) over the last 5 years.
  • Over the past 4 years, Primis Financial's Research & Development (Quarterly) stood at $677,000 in 2019, then climbed by 20.24% to $814,000 in 2020, then increased by 26.78% to $1.0 million in 2021, then soared by 64.92% to $1.7 million in 2022.
  • Its last three reported values are $1.7 million in Q4 2022, $1.5 million for Q3 2022, and $1.3 million during Q2 2022.