Virginia National Bankshares (VABK) Research & Development (2018 - 2026)
Virginia National Bankshares (VABK) recorded quarterly Research & Development of $550000.0 in Q1 2026, up 973.02% on a QoQ basis from -$63000.0 in Q4 2025, and down 25.17% year-over-year from $735000.0 in Q1 2025.
Virginia National Bankshares (VABK) Research & Development (2018 - 2026) Analysis & Trends
Virginia National Bankshares has disclosed Research & Development across 9 years of filings, most recently posting $550000.0 for Q1 2026.
- Quarterly Research & Development fell 25.17% year-over-year to $550000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.8 million (down 32.05% YoY) and the FY2025 annual result came in at $2.0 million, down 25.16% from the prior year.
- Research & Development rose to $550000.0 in Q1 2026, from -$63000.0 in the prior quarter.
- Over five years, Research & Development peaked at $806000.0 in Q2 2023 and troughed at -$63000.0 in Q4 2025.
- A 5-year average of $629647.1 and a median of $699000.0 in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development jumped 155.36% — and 2025, when it sank 110.13%.
- Tracing VABK's Research & Development over 5 years: stood at $578000.0 in 2022, then grew by 8.65% to $628000.0 in 2023, then retreated by 0.96% to $622000.0 in 2024, then plunged by 110.13% to -$63000.0 in 2025, then surged by 973.02% to $550000.0 in 2026.
- Business Quant data shows VABK's Research & Development at $550000.0 in Q1 2026, -$63000.0 in Q4 2025, and $577000.0 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 | Virginia National Bankshares | 243.38 Mn | 243.38 Mn | - | 550,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 550,000.00 |
| Dec 31, 2025 | -63,000.00 |
| Sep 30, 2025 | 577,000.00 |
| Jun 30, 2025 | 732,000.00 |
| Mar 31, 2025 | 735,000.00 |
| Dec 31, 2024 | 622,000.00 |
| Sep 30, 2024 | 707,000.00 |
| Jun 30, 2024 | 579,000.00 |
| Mar 31, 2024 | 739,000.00 |
| Dec 31, 2023 | 628,000.00 |
| Sep 30, 2023 | 623,000.00 |
| Jun 30, 2023 | 806,000.00 |
| Mar 31, 2023 | 742,000.00 |
| Dec 31, 2022 | 578,000.00 |
| Sep 30, 2022 | 712,000.00 |
| Jun 30, 2022 | 699,000.00 |
| Mar 31, 2022 | 738,000.00 |
| Dec 31, 2021 | 396,000.00 |
| Sep 30, 2021 | 1.11 Mn |
| Jun 30, 2021 | 994,000.00 |