VersaBank (FRA:VEW) Research & Development : €0.00 Mil (TTM As of Jul. 2024)

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What is VersaBank Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. VersaBank's Research & Development for the three months ended in Jul. 2024 was €0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jul. 2024 was €0.00 Mil.

VersaBank Research & Development Historical Data

The historical data trend for VersaBank'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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VersaBank Research & Development Chart

VersaBank Annual Data

Trend

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Research & Development

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VersaBank Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

VersaBank Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

VersaBank (FRA:VEW) 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.

VersaBank Research & Development Related Terms

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VersaBank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » VersaBank (FRA:VEW) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

VBNK:USA VEW:Germany VBNK.PR.A.PFD:Canada VBNK:Canada

Address

140 Fullarton Street, Suite 2002, London, ON, CAN, N6A 5P2

Website

https://www.versabank.com

VersaBank is a Canadian Schedule I chartered bank with a difference. VersaBank became the world's first digital financial institution when it adopted its highly efficient business-to-business model using its proprietary state-of-the-art financial technology to profitably address underserved segments of the Canadian banking market in the pursuit of superior net interest margins, while mitigating risk. VersaBank obtains all of its deposits and provides the majority of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, VersaBank established a wholly-owned, subsidiary.

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