First National (FXNC) Research & Development (2010 - 2026)
First National (FXNC) posted Research & Development of $394000.0 for Q1 2026, down 21.36% on a QoQ basis from $501000.0 in Q4 2025, and down 48.29% year-over-year from $762000.0 in Q1 2025.
First National (FXNC) Research & Development (2010 - 2026) Analysis & Trends
First National's Research & Development history runs 17 years deep, the most recent figure standing at $394000.0 for Q1 2026.
- Quarterly Research & Development fell 48.29% year-over-year to $394000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.9 million (down 1.35% YoY) and the FY2025 annual result came in at $2.3 million, up 61.11% from the prior year.
- Research & Development was $394000.0 for Q1 2026 at First National, down from $501000.0 in the prior quarter.
- Across five years, Research & Development topped out at $762000.0 in Q1 2025 and bottomed at $163000.0 in Q2 2024.
- A 5-year average of $358588.2 and a median of $289000.0 in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development tumbled 77.26% — and 2025, when it jumped 209.76%.
- First National's Research & Development stood at $289000.0 in 2022, then advanced by 13.15% to $327000.0 in 2023, then soared by 115.6% to $705000.0 in 2024, then decreased by 28.94% to $501000.0 in 2025, then dropped by 21.36% to $394000.0 in 2026.
- Business Quant data shows FXNC's Research & Development at $394000.0 in Q1 2026, $501000.0 in Q4 2025, and $495000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 1.10 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 554,000.00 |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | - |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | - |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 573.00 Mn |
| 10 | First National | 267.52 Mn | 79.71 Mn | 1.72 Mn | 394,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 394,000.00 |
| Dec 31, 2025 | 501,000.00 |
| Sep 30, 2025 | 495,000.00 |
| Jun 30, 2025 | 504,000.00 |
| Mar 31, 2025 | 762,000.00 |
| Dec 31, 2024 | 705,000.00 |
| Sep 30, 2024 | 290,000.00 |
| Jun 30, 2024 | 163,000.00 |
| Mar 31, 2024 | 246,000.00 |
| Dec 31, 2023 | 327,000.00 |
| Sep 30, 2023 | 266,000.00 |
| Jun 30, 2023 | 252,000.00 |
| Mar 31, 2023 | 202,000.00 |
| Dec 31, 2022 | 289,000.00 |
| Sep 30, 2022 | 243,000.00 |
| Jun 30, 2022 | 221,000.00 |
| Mar 31, 2022 | 236,000.00 |
| Dec 31, 2021 | 1.27 Mn |
| Sep 30, 2021 | 465,000.00 |
| Jun 30, 2021 | 216,000.00 |