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Canadian Banc (TSX:BK) Research & Development : C$0.00 Mil (TTM As of Nov. 2023)


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What is Canadian Banc Research & Development?

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

Canadian Banc Research & Development Historical Data

The historical data trend for Canadian Banc'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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Canadian Banc Research & Development Chart

Canadian Banc Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Research & Development
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Canadian Banc Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Canadian Banc Research & Development Calculation

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

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

Canadian Banc  (TSX:BK) 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.

Canadian Banc Research & Development Related Terms

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Canadian Banc (TSX:BK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canadian Banc Corp (TSX:BK) » Definitions » Research & Development
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Traded in Other Exchanges
CNDCF:USA BK.PR.A.PFD:Canada
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
Website
https://www.quadravest.com
Canadian Banc Corp is a Canadian-based company operating in the financial services sector. The Company invests in an actively managed portfolio of common shares comprised of 6 Canadian chartered banks. The Company employs an active covered call writing program to enhance the income earned from the portfolio.