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Union Bank of Colombo (COL:UBC.N0000) Research & Development : රු0 Mil (TTM As of Sep. 2024)


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What is Union Bank of Colombo Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Union Bank of Colombo's Research & Development for the three months ended in Sep. 2024 was රු0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was රු0 Mil.

Union Bank of Colombo Research & Development Historical Data

The historical data trend for Union Bank of Colombo'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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Union Bank of Colombo Research & Development Chart

Union Bank of Colombo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Union Bank of Colombo Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Union Bank of Colombo 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was රු0 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.

Union Bank of Colombo  (COL:UBC.N0000) 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.

Union Bank of Colombo Research & Development Related Terms

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Union Bank of Colombo Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bank of Colombo PLC (COL:UBC.N0000) » Definitions » Research & Development
Comparable Companies
COL:ABL.N0000 COL:PABC.N0000 COL:CBNK.N0000 COL:SDB.N0000 COL:SEYB.N0000 COL:NDB.N0000 COL:DFCC.N0000 COL:NTB.N0000 NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 NSE:SBIN PNC USB ISX:BBCA HKSE:01658 MIL:ISP XPAR:BNP
Traded in Other Exchanges
N/A
Address
No. 64, Galle Road, Colombo, LKA, 03
Website
https://www.unionb.com
Union Bank of Colombo PLC is a provider of banking services. The company's services include commercial banking and the provision of related financial services including, accepting deposits, personal banking, retail banking, trade financing, off-shore banking, resident and non-resident foreign currency operations, corporate and retail credit, pawning, project financing, lease financing, rural credit, internet banking, money remittance facilities, dealing in Government Securities and treasury related products and margin trading, among others. It operates under four business segments, namely Corporate Banking, SME, Retail, and Treasury. It generates maximum revenue from Retail Segment.

Union Bank of Colombo Headlines

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