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Southern First Bancshares (SFST) Research & Development (2016 - 2026)

Southern First Bancshares (SFST) has disclosed Research & Development for 11 consecutive years, with $2.3 million as the latest value for Q1 2026.

  • For Q1 2026, Research & Development rose 11.29% year-over-year to $2.3 million; the TTM value through Mar 2026 reached $8.8 million, up 10.43%, while the annual FY2025 figure was $8.5 million, 10.17% up from the prior year.
  • Research & Development hit $2.3 million in Q1 2026 for Southern First Bancshares, up from $2.1 million in the prior quarter.
  • Across five years, Research & Development topped out at $2.3 million in Q1 2026 and bottomed at $1.5 million in Q4 2022.
  • Average Research & Development over 5 years is $1.9 million, with a median of $1.9 million recorded in 2024.
  • Year-over-year, Research & Development surged 34.33% in 2022 and then increased 0.15% in 2024.
  • Southern First Bancshares' Research & Development stood at $1.5 million in 2022, then surged by 31.49% to $2.0 million in 2023, then grew by 0.15% to $2.0 million in 2024, then rose by 7.09% to $2.1 million in 2025, then increased by 5.69% to $2.3 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods came in at $2.3 million, $2.1 million, and $2.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.