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Westpac Banking (ASX:WBCPH.PFD) Research & Development : A$0.00 Mil (TTM As of Sep. 2023)


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What is Westpac Banking Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Westpac Banking's Research & Development for the six months ended in Sep. 2023 was A$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was A$0.00 Mil.

Westpac Banking Research & Development Historical Data

The historical data trend for Westpac Banking'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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Westpac Banking Research & Development Chart

Westpac Banking Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Research & Development
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Westpac Banking Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Westpac Banking 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 semi-annually data reported by the company within the most recent 12 months, which was A$0.00 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.

Westpac Banking  (ASX:WBCPH.PFD) 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.

Westpac Banking Research & Development Related Terms

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Westpac Banking (ASX:WBCPH.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Westpac Banking Corp (ASX:WBCPH.PFD) » Definitions » Research & Development
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ASX:ANZ ASX:NAB ASX:CBA JPM BAC SHSE:601398 SHSE:601288 WFC SHSE:601988 SHSE:601939 LSE:HSBA TSX:RY C TSE:8306 TSX:TD XSWX:UBSG XMAD:SAN TSE:8316 XMAD:BBVA TSX:BMO
Traded in Other Exchanges
WEBNF:USA WBC:New Zealand WBC:Germany WBC:Germany WBCPL.PFD:Australia WBCPK.PFD:Australia WBCPJ.PFD:Australia WBCPI.PFD:Australia WBCPG.PFD:Australia WBCPF.PFD:Australia WBC:Australia
Address
275 Kent Street, Sydney, NSW, AUS, 2000
Website
https://www.westpac.com.au
Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.

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