Primis Financial (FRST) Research & Development (2010 - 2026)
Primis Financial's (FRST) quarterly Research & Development came in at $2.3 million in Q2 2026, down 22.88% year-over-year from $3.0 million in Q2 2025, and up 7.04% quarter-over-quarter from $2.2 million in Q1 2026.
Analysis
Primis Financial (FRST) Research & Development (2010 - 2026) Analysis & Trends
Primis Financial (FRST) has reported Research & Development for 17 consecutive years, with $2.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development fell 22.88% year-over-year to $2.3 million in Q2 2026; TTM through Jun 2026 was $9.3 million, a 21.5% decrease from a year earlier, with the FY2025 full-year figure at $10.7 million, up 1.06% from the prior year.
- Research & Development was $2.3 million for Q2 2026 at Primis Financial, up from $2.2 million in the prior quarter.
- Over five years, Research & Development peaked at $3.4 million in Q4 2024 and troughed at $1.3 million in Q2 2022.
- A 5-year average of $2.3 million and a median of $2.3 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 118.72% in 2023 and declined 29.5% in 2025, its largest moves.
- Over 5 years, Research & Development stood at $1.7 million in 2022, then surged by 30.2% to $2.2 million in 2023, then soared by 54.96% to $3.4 million in 2024, then decreased by 29.5% to $2.4 million in 2025, then decreased by 3.26% to $2.3 million in 2026.
- The last three Research & Development figures came in at $2.3 million (Q2 2026), $2.2 million (Q1 2026), and $2.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | - |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 108.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | - |
| 10 | Primis Financial | 394.55 Mn | 217.41 Mn | - | 2.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.34 Mn |
| 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 |