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First National (FXNC) Research & Development (2018 - 2025)

Historic Research & Development for First National (FXNC) over the last 13 years, with Q3 2025 value amounting to $495000.0.

  • First National's Research & Development rose 7068.97% to $495000.0 in Q3 2025 from the same period last year, while for Sep 2025 it was $2.5 million, marking a year-over-year increase of 14035.09%. This contributed to the annual value of $1.4 million for FY2024, which is 3409.74% up from last year.
  • First National's Research & Development amounted to $495000.0 in Q3 2025, which was up 7068.97% from $504000.0 recorded in Q2 2025.
  • In the past 5 years, First National's Research & Development registered a high of $1.3 million during Q4 2021, and its lowest value of $163000.0 during Q2 2024.
  • Its 5-year average for Research & Development is $387210.5, with a median of $266000.0 in 2023.
  • Per our database at Business Quant, First National's Research & Development skyrocketed by 54846.94% in 2021 and then plummeted by 7726.2% in 2022.
  • Quarter analysis of 5 years shows First National's Research & Development stood at $1.3 million in 2021, then tumbled by 77.26% to $289000.0 in 2022, then grew by 13.15% to $327000.0 in 2023, then soared by 115.6% to $705000.0 in 2024, then dropped by 29.79% to $495000.0 in 2025.
  • Its Research & Development was $495000.0 in Q3 2025, compared to $504000.0 in Q2 2025 and $762000.0 in Q1 2025.