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Royal Bank of Canada (Royal Bank of Canada) Research & Development

: $0 Mil (TTM As of Jan. 2024)
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Research & Development is the aggregate amount of research and development expenses during the year. Royal Bank of Canada's Research & Development for the three months ended in Jan. 2024 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jan. 2024 was $0 Mil.

Royal Bank of Canada Research & Development Historical Data

The historical data trend for Royal Bank of Canada'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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Royal Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Research & Development
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Royal Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Royal Bank of Canada Research & Development Calculation

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

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

Royal Bank of Canada  (NYSE:RY) 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.

Royal Bank of Canada Research & Development Related Terms

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Royal Bank of Canada (Royal Bank of Canada) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Royal Bank of Canada (NYSE:RY) » Definitions » Research & Development
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Traded in Other Exchanges
RYC:Germany RYC:Germany RY.PR.S.PFD:Canada RY.PR.Z.PFD:Canada RY.PR.O.PFD:Canada RY.PR.N.PFD:Canada RY.PR.M.PFD:Canada RY.PR.J.PFD:Canada RY.PR.H.PFD:Canada RY:Canada
Address
1 Place Ville-Marie, Corporate Secretary's Department, Montreal, QC, CAN, H3B 3A9
Website
https://www.rbc.com
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.