River Financial (River Financial) Research & Development : $0.0 Mil (TTM As of Mar. 2024)

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What is River Financial Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. River Financial'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.

River Financial Research & Development Historical Data

The historical data trend for River 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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River Financial Research & Development Chart

River Financial Annual Data

Trend

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Research & Development

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River Financial 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															-	-	-	-	-

River 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

River Financial (OTCPK:RVRF) 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.

River Financial Research & Development Related Terms

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River Financial (River Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » River Financial Corp (OTCPK:RVRF) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

2611 Legends Drive, Prattville, AL, USA, 36066

Website

https://www.riverbankandtrust.com

River Financial Corp is a bank holding company. It provides commercial and consumer banking services to businesses, business owners, and professionals in the United States. It offers services such as loan, deposits, electronic banking and other banking services. It offers demand deposits, savings and time deposits, interest-bearing transaction accounts, money market accounts, negotiable orders of withdrawal accounts, as well as certificates of deposit. Companies principal sources of income are interest and fees collected on loans, interest collected on other investments, fees earned from the origination and sale of residential mortgage loans, and service charges, as well as income from investment brokerage services.

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