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Banco Nacional de Credito CA (CAR:BNC) Research & Development : VES0 Mil (TTM As of Dec. 2022)


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What is Banco Nacional de Credito CA Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Banco Nacional de Credito CA's Research & Development for the six months ended in Dec. 2022 was VES0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2022 was VES0 Mil.

Banco Nacional de Credito CA Research & Development Historical Data

The historical data trend for Banco Nacional de Credito CA's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Banco Nacional de Credito CA Research & Development Chart

Banco Nacional de Credito CA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Banco Nacional de Credito CA Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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Banco Nacional de Credito CA Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was VES0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Banco Nacional de Credito CA  (CAR:BNC) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Banco Nacional de Credito CA Research & Development Related Terms

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Banco Nacional de Credito CA (CAR:BNC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Nacional de Credito CA (CAR:BNC) » Definitions » Research & Development
Comparable Companies
CAR:MVZ.A CAR:ABC.A CAR:BPV NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658 SAU:1180 BSP:ITUB3 USB ISX:BBRI MIL:ISP PNC SHSE:601166
Traded in Other Exchanges
N/A
Address
Avenida Vollmer, Torre Sur del Centro Empresarial Caracas, Urbanizacion, San Bernardino, VEN, 1010
Website
http://www.bnc.com.ve
Banco Nacional de Credito CA operates as a commercial bank in Venezuela. The group's business objective is to provide financial intermediation which consists of the procurement of funds for the purpose of granting credits and it also invests in securities.

Banco Nacional de Credito CA (CAR:BNC) Headlines

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