1.14(2.14%) Volume: 17,711,114 11:08PM EST| Market Cap : 229.95 B | Enterprise Value : 76.8 B | P/E (TTM) : 11.75 | P/B : 1.34 |
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This is the expense the company spent on research and development. Wells Fargo's research and development for the three months ended in Sep. 2019 was $0 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2019 was $0 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
| Wells Fargo Quarterly Data | ||||||||||||||||||||
| Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | |
| Research & Development |
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0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
This is the expense the company spent on research and development.
Research & Development for the trailing twelve months (TTM) ended in Sep. 2019 was 0 (Dec. 2018 ) + 0 (Mar. 2019 ) + 0 (Jun. 2019 ) + 0 (Sep. 2019 ) = $0 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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.
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