Banco Macro (Banco Macro) Research & Development

: $0 Mil (TTM As of Sep. 2023)

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Research & Development is the aggregate amount of research and development expenses during the year. Banco Macro's Research & Development for the three months ended in Sep. 2023 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was $0 Mil.

Banco Macro Research & Development Historical Data

The historical data trend for Banco Macro'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 Macro Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Research & Development

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Banco Macro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Banco Macro 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 Mil.

Banco Macro (NYSE:BMA) 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 Macro Research & Development Related Terms

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Banco Macro (Banco Macro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Macro SA (NYSE:BMA) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

B4W:Germany B4W:Germany BMA:Argentina

Address

Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172

Website

https://www.macro.com.ar

Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.