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
DateValue
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