Norwood Financial (NWFL) Research & Development (2010 - 2026)
Norwood Financial's (NWFL) quarterly Research & Development came in at $1.6 million in Q2 2026, up 32.55% on a YoY basis from $1.2 million in Q2 2025, and up 9.83% quarter-over-quarter from $1.4 million in Q1 2026.
Analysis
Norwood Financial (NWFL) Research & Development (2010 - 2026) Analysis & Trends
Norwood Financial (NWFL) has reported Research & Development for 17 consecutive years, with $1.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 32.55% year-over-year to $1.6 million; the trailing twelve-month figure through Jun 2026 stood at $5.3 million (up 11.63% YoY), and the FY2025 full-year result was $4.6 million, up 0.95% from the prior year.
- Research & Development grew to $1.6 million in Q2 2026 per NWFL's latest filing, from $1.4 million in the prior quarter.
- Across five years, Research & Development topped out at $1.6 million in Q2 2026 and bottomed at $628000.0 in Q1 2022.
- Historically, Research & Development has averaged $1.0 million across 5 years, with a median of $1.0 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Research & Development surged 49.6% in 2024, then fell 8.38% in 2025.
- Over 5 years, Research & Development stood at $917000.0 in 2022, then slipped by 4.36% to $877000.0 in 2023, then soared by 49.6% to $1.3 million in 2024, then dropped by 8.38% to $1.2 million in 2025, then surged by 31.11% to $1.6 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $1.6 million, $1.4 million, and $1.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 108.00 Mn |
| 10 | Norwood Financial | 373.89 Mn | 176.55 Mn | - | 1.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.58 Mn |
| Mar 31, 2026 | 1.44 Mn |
| Dec 31, 2025 | 1.20 Mn |
| Sep 30, 2025 | 1.09 Mn |
| Jun 30, 2025 | 1.19 Mn |
| Mar 31, 2025 | 1.09 Mn |
| Dec 31, 2024 | 1.31 Mn |
| Sep 30, 2024 | 1.16 Mn |
| Jun 30, 2024 | 1.02 Mn |
| Mar 31, 2024 | 1.02 Mn |
| Dec 31, 2023 | 877,000.00 |
| Sep 30, 2023 | 876,000.00 |
| Jun 30, 2023 | 822,000.00 |
| Mar 31, 2023 | 768,000.00 |
| Dec 31, 2022 | 917,000.00 |
| Sep 30, 2022 | 736,000.00 |
| Jun 30, 2022 | 666,000.00 |
| Mar 31, 2022 | 628,000.00 |
| Dec 31, 2021 | 655,000.00 |
| Sep 30, 2021 | 594,000.00 |