First Niles Financial (First Niles Financial) Research & Development : $0.00 Mil (TTM As of Jun. 2018)

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What is First Niles Financial Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. First Niles Financial's Research & Development for the six months ended in Jun. 2018 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2018 was $0.00 Mil.

First Niles Financial Research & Development Historical Data

The historical data trend for First Niles Financial'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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First Niles Financial Research & Development Chart

First Niles Financial Annual Data

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Research & Development

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First Niles Financial Semi-Annual Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

First Niles Financial Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jun. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

First Niles Financial (OTCPK:FNFI) 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.

First Niles Financial Research & Development Related Terms

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First Niles Financial (First Niles Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Niles Financial Inc (OTCPK:FNFI) » Definitions » Research & Development

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Traded in Other Exchanges

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Address

55 North Main Street, P.O. Box 311, Niles, OH, USA, 44446-0311

Website

https://www.homefedniles.com

First Niles Financial Inc is a unitary, non-diversified holding company. It conducts a general banking business in Niles, Ohio, which consists of attracting deposits from the general public and applying those funds to the origination of loans for residential, commercial, and consumer purposes. The primary sources of revenue for the company are from interest and dividend income on loans and securities along with noninterest revenue resulting from investment security gains, loan servicing, gains on the sale of loans, commitment fees, fees from financial guarantees, certain credit cards fees, and income on bank-owned life insurance.

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