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Credicorp (Credicorp) Research & Development : $0 Mil (TTM As of Sep. 2023)


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What is Credicorp Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Credicorp'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.

Credicorp Research & Development Historical Data

The historical data trend for Credicorp'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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Credicorp Research & Development Chart

Credicorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Credicorp 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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Credicorp 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.

* 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.

Credicorp  (NYSE:BAP) 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.

Credicorp Research & Development Related Terms

Thank you for viewing the detailed overview of Credicorp's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Credicorp (Credicorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credicorp Ltd (NYSE:BAP) » Definitions » Research & Development
Comparable Companies
KEY EWBC CFG WBS FHN RF CMA CFR WAL CBSH NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05
Traded in Other Exchanges
BAP:Peru
Address
Calle Centenario 156, La Molina, Lima, PER, 12
Website
https://www.grupocredicorp.com
Credicorp Ltd is a financial services company in Peru. The company is involved mainly in commercial banking, providing trade finance, corporate finance, and leasing services. It also offers insurance for commercial property, transportation, automobile, life, health, and investment banking services: brokerage services, asset management, trust, custody and securitization services, trading and investment, and pension fund business. The company operates the following subsidiaries: Banco de Credito del Peru, Atlantic Security Bank, Prima AFP, El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros, Credicorp Capital, and BCP Bolivia.