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Banco Provincial (CAR:BPV) Research & Development : VES0 Mil (TTM As of Jun. 2023)


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What is Banco Provincial Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Banco Provincial's Research & Development for the six months ended in Jun. 2023 was VES0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 was VES0 Mil.


Banco Provincial Research & Development Historical Data

The historical data trend for Banco Provincial'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.

* Premium members only.

Banco Provincial Research & Development Chart

Banco Provincial Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
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Banco Provincial Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Banco Provincial Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was VES0 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.


Banco Provincial  (CAR:BPV) 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 Provincial Research & Development Related Terms

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Banco Provincial (CAR:BPV) Business Description

Traded in Other Exchanges
N/A
Address
Urbanisation San Bernardino Avenue East West, Provincial Financial Center, Caracas, VEN
Banco Provincial SA operates as a bank in Venezuela. The company offers Current, Savings, Foreign currency accounts, mutual funds, Gold credit card, Classic Credit card, debit cards. It also provides various banking services which include personal loans, mortgage loan, vehicle loans, flexible credit to its customers in Venezuela.

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