First National (FXNC) Research & Development (2010 - 2026)
First National's (FXNC) quarterly Research & Development came in at $394000.0 in Q1 2026, down 48.29% YoY from $762000.0 in Q1 2025, and down 21.36% on a QoQ basis from $501000.0 in Q4 2025.
First National (FXNC) Research & Development (2010 - 2026) Analysis & Trends
First National (FXNC) has 17 years of Research & Development data on file, last reported at $394000.0 in 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 retreated to $394000.0 in Q1 2026, from $501000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $762000.0 in Q1 2025 to a low of $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 plunged 77.26% — and 2025, when it jumped 209.76%.
- Tracing FXNC's Research & Development over 5 years: stood at $289000.0 in 2022, then rose by 13.15% to $327000.0 in 2023, then jumped by 115.6% to $705000.0 in 2024, then fell by 28.94% to $501000.0 in 2025, then decreased by 21.36% to $394000.0 in 2026.
- The last three Research & Development figures came in at $394000.0 (Q1 2026), $501000.0 (Q4 2025), and $495000.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | First National | 280.01 Mn | 113.86 Mn | 1.60 Mn | 435,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 435,000.00 |
| 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 |