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BCO Estado do Rio Grande do Sul (BSP:BRSR3) Research & Development : R$0 Mil (TTM As of Dec. 2023)


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What is BCO Estado do Rio Grande do Sul Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. BCO Estado do Rio Grande do Sul's Research & Development for the three months ended in Dec. 2023 was R$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was R$0 Mil.


BCO Estado do Rio Grande do Sul Research & Development Historical Data

The historical data trend for BCO Estado do Rio Grande do Sul'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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BCO Estado do Rio Grande do Sul Research & Development Chart

BCO Estado do Rio Grande do Sul Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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BCO Estado do Rio Grande do Sul 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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BCO Estado do Rio Grande do Sul Research & Development Calculation

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

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


BCO Estado do Rio Grande do Sul  (BSP:BRSR3) 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.


BCO Estado do Rio Grande do Sul Research & Development Related Terms

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BCO Estado do Rio Grande do Sul (BSP:BRSR3) Business Description

Traded in Other Exchanges
Address
Rua Capitao Montanha, nº 177 - Centro Porto Alegre, Porto Alegre, RS, BRA, 90010-040
BCO Estado do Rio Grande do Sul SA is a Brazil-based commercial bank that provides personal and corporate banking services. It provides financial services such as multiple banks, providing brokering services, consortia, card management, and warehouses. The company with its subsidiaries and affiliates operates commercial, lending, financing and investment, mortgage loan, development, leasing, and investment portfolios, including foreign exchange transactions, securities brokerage, and credit card and consortium management.

BCO Estado do Rio Grande do Sul (BSP:BRSR3) Headlines

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