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Canandaigua National (Canandaigua National) Research & Development : $0.0 Mil (TTM As of Dec. 2018)


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What is Canandaigua National Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Canandaigua National's Research & Development for the six months ended in Dec. 2018 was $0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2018 was $0.0 Mil.

Canandaigua National Research & Development Historical Data

The historical data trend for Canandaigua National'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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Canandaigua National Research & Development Chart

Canandaigua National Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Research & Development
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Canandaigua National Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Canandaigua National Research & Development Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Research & Development for the trailing twelve months (TTM) ended in Dec. 2018 was $0.0 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.

Canandaigua National  (OTCPK:CNND) 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.

Canandaigua National Research & Development Related Terms

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

Canandaigua National (Canandaigua National) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canandaigua National Corp (OTCPK:CNND) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
72 South Main Street, Canandaigua, NY, USA, 14424
Website
https://www.cnbank.com
Canandaigua National Corp is a bank holding company. The company provides a full range of financial services such as banking, trust, investment, and insurance services to individuals, corporations, and municipalities.
Executives
Joseph L Dugan officer: Executive Vice President, other: Officer of subsidiaries 72 SOUTH MAIN STREET, CANANDAIGUA NY 14424
David R Morrow other: Officer of Subsidiary 72 S. MAIN ST., CANANDAIGUA NY 14424

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