Primis Financial FRST
NASDAQ FRST
$15.91 +0.08 (+0.51%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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