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Eastern Bankshares (FRA:EB0) Research & Development : €0.0 Mil (TTM As of Mar. 2024)


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What is Eastern Bankshares Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Eastern Bankshares's Research & Development for the three months ended in Mar. 2024 was €0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €0.0 Mil.


Eastern Bankshares Research & Development Historical Data

The historical data trend for Eastern Bankshares'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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Eastern Bankshares Research & Development Chart

Eastern Bankshares Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Eastern Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Eastern Bankshares 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 €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.


Eastern Bankshares  (FRA:EB0) 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.


Eastern Bankshares Research & Development Related Terms

Thank you for viewing the detailed overview of Eastern Bankshares's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastern Bankshares (FRA:EB0) Business Description

Traded in Other Exchanges
Address
265 Franklin Street, Boston, MA, USA, 02110
Eastern Bankshares Inc is a commercial bank that caters its products and services to retail, commercial, and small business customers. Its diversified products and services include lending, deposit, wealth management, and insurance products. The company has two operating segments; Banking business offers a range of commercial, retail, wealth management, and banking services, and consists of attracting deposits from the general public and investing those deposits, together with borrowings and funds generated from operations and the Insurance agency business segment consist of insurance-related activities, acting as an independent agent in offering commercial, personal and employee benefits insurance products to individual and commercial clients.

Eastern Bankshares (FRA:EB0) Headlines

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