Southern First Bancshares (SFST) Research & Development (2010 - 2026)

Southern First Bancshares (SFST) reported Research & Development of $2.3 million for Q1 2026, up 11.29% year-over-year from $2.0 million in Q1 2025, and up 5.69% quarter-over-quarter 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.

  • Research & Development for Q1 2026 came in at $2.3 million, up 11.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.8 million (up 10.43% YoY), and the FY2025 annual result was $8.5 million, up 10.17% from the prior year.
  • Research & Development rose to $2.3 million in Q1 2026 per SFST's latest filing, from $2.1 million in the prior quarter.
  • Over five years, Research & Development peaked at $2.3 million in Q1 2026 and troughed at $1.5 million in Q4 2022.
  • A 5-year average of $1.9 million and a median of $1.9 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2024: Research & Development soared 34.33% in 2022, then climbed 0.15% in 2024.
  • A 5-year view of Research & Development shows it stood at $1.5 million in 2022, then surged by 31.49% to $2.0 million in 2023, then gained by 0.15% to $2.0 million in 2024, then rose by 7.09% to $2.1 million in 2025, then advanced by 5.69% to $2.3 million in 2026.
  • Business Quant data shows SFST's Research & Development at $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 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 Southern First Bancshares 496.58 Mn 148.59 Mn 1.09 Mn 2.27 Mn

Historic Data

Download Data
DateValue
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