Banestes Banco Estado Espirito (BSP:BEES3) Research & Development : R$0 Mil (TTM As of Mar. 2024)

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What is Banestes Banco Estado Espirito Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Banestes Banco Estado Espirito's Research & Development for the three months ended in Mar. 2024 was R$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was R$0 Mil.

Banestes Banco Estado Espirito Research & Development Historical Data

The historical data trend for Banestes Banco Estado Espirito'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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Banestes Banco Estado Espirito Research & Development Chart

Banestes Banco Estado Espirito Annual Data

Trend

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Research & Development

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Banestes Banco Estado Espirito Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Banestes Banco Estado Espirito Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$0 Mil.

Banestes Banco Estado Espirito (BSP:BEES3) 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.

Banestes Banco Estado Espirito Research & Development Related Terms

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Banestes Banco Estado Espirito (BSP:BEES3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banestes SA Banco Estado Espirito (BSP:BEES3) » Definitions » Research & Development

Traded in Other Exchanges

BEES4:Brazil

Address

Avenue Princesa Isabel, 574, Bloco B - 9th floor - Ed. Palas, Centro, Vitoria, ES, BRA, 29010-031

Website

http://www.banestes.com.br

Banestes SA Banco Estado Espirito operates as a bank. Its activities are focused on the credit operations. It also operates in foreign exchange market, offering products geared mainly to finance imports and exports like letter of credit. The Bank offers credit, securities brokerage services, foreign exchange, and other financial services.

Banestes Banco Estado Espirito (BSP:BEES3) Headlines

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