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Primis Financial (FRA:7H80) Research & Development : €0.0 Mil (TTM As of Sep. 2023)


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What is Primis Financial Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Primis Financial's Research & Development for the three months ended in Sep. 2023 was €0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was €0.0 Mil.

Primis Financial Research & Development Historical Data

The historical data trend for Primis Financial'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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Primis Financial Research & Development Chart

Primis Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Primis Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Primis Financial Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 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.

Primis Financial  (FRA:7H80) 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.

Primis Financial Research & Development Related Terms

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Primis Financial (FRA:7H80) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Primis Financial Corp (FRA:7H80) » Definitions » Research & Development
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FNLC BMRC SBT LNKB MVBF SCZC BSVN OBT JMSB FSBW NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
FRST:USA
Address
6830 Old Dominion Drive, McLean, VA, USA, 22101
Website
https://www.primisbank.com
Primis Financial Corp is the bank holding company for Primis Bank, providing financial services to individuals and small and medium-sized businesses. Primis Bank offers a wide range of commercial banking services, it focuses on making loans secured majorly by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. Primis Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.

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