Southern First Bancshares (SFST) Research & Development (2010 - 2026)
Southern First Bancshares' (SFST) quarterly Research & Development came in at $2.3 million in Q1 2026, up 11.29% year-on-year from $2.0 million in Q1 2025, and up 5.69% on a QoQ basis from $2.1 million in Q4 2025.
Southern First Bancshares (SFST) Research & Development (2010 - 2026) Analysis & Trends
Southern First Bancshares (SFST) has 17 years of Research & Development data on file, last reported at $2.3 million in Q1 2026.
- On a quarterly basis, Research & Development rose 11.29% year-over-year to $2.3 million in Q1 2026; TTM through Mar 2026 was $8.8 million, a 10.43% increase from a year earlier, with the FY2025 full-year figure at $8.5 million, up 10.17% from the prior year.
- Research & Development for Q1 2026 stood at $2.3 million, up from $2.1 million in the prior quarter.
- Over the last five years, Research & Development for SFST reached as high as $2.3 million in Q1 2026 and fell as low as $1.5 million in Q4 2022.
- Historically, Research & Development has averaged $1.9 million across 5 years, with a median of $1.9 million in 2024.
- Across the five-year window, Research & Development jumped 34.33% in 2022 and gained 0.15% in 2024, its largest moves.
- Year by year, 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 climbed by 7.09% to $2.1 million in 2025, then increased by 5.69% to $2.3 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $2.3 million in Q1 2026, $2.1 million in Q4 2025, and $2.2 million 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 | Southern First Bancshares | 504.83 Mn | 156.84 Mn | 1.09 Mn | 2.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.27 Mn |
| Dec 31, 2025 | 2.15 Mn |
| Sep 30, 2025 | 2.16 Mn |
| Jun 30, 2025 | 2.19 Mn |
| Mar 31, 2025 | 2.04 Mn |
| Dec 31, 2024 | 2.00 Mn |
| Sep 30, 2024 | 1.93 Mn |
| Jun 30, 2024 | 1.96 Mn |
| Mar 31, 2024 | 1.85 Mn |
| Dec 31, 2023 | 2.00 Mn |
| Sep 30, 2023 | 1.74 Mn |
| Jun 30, 2023 | 1.71 Mn |
| Mar 31, 2023 | 1.63 Mn |
| Dec 31, 2022 | 1.52 Mn |
| Sep 30, 2022 | 1.53 Mn |
| Jun 30, 2022 | 1.53 Mn |
| Mar 31, 2022 | 1.53 Mn |
| Dec 31, 2021 | 1.40 Mn |
| Sep 30, 2021 | 1.37 Mn |
| Jun 30, 2021 | 1.39 Mn |