First National (FXNC) Research & Development (2010 - 2026)
First National (FXNC) reported Research & Development of $394000.0 for Q1 2026, down 48.29% on a YoY basis from $762000.0 in Q1 2025, and down 21.36% quarter-over-quarter from $501000.0 in Q4 2025.
First National (FXNC) Research & Development (2010 - 2026) Analysis & Trends
First National has reported Research & Development for 17 years, with the latest figure at $394000.0 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 48.29% year-over-year to $394000.0; the trailing twelve-month figure through Mar 2026 stood at $1.9 million (down 1.35% YoY), and the FY2025 full-year result was $2.3 million, up 61.11% from the prior year.
- Research & Development for Q1 2026 stood at $394000.0, down from $501000.0 in the prior quarter.
- The five-year high for Research & Development was $762000.0 in Q1 2025, with the low at $163000.0 in Q2 2024.
- Historically, Research & Development has averaged $358588.2 across 5 years, with a median of $289000.0 in 2022.
- Annual changes were most pronounced in 2022 — Research & Development plunged 77.26% — and 2025, when it jumped 209.76%.
- First National's Research & Development 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 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 554,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | First National | 271.94 Mn | 81.84 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 |