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Burgan BankK (KUW:BURG) Research & Development : KWD0.0 Mil (TTM As of Sep. 2024)


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What is Burgan BankK Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Burgan BankK's Research & Development for the three months ended in Sep. 2024 was KWD0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was KWD0.0 Mil.

Burgan BankK Research & Development Historical Data

The historical data trend for Burgan BankK'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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Burgan BankK Research & Development Chart

Burgan BankK Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Burgan BankK 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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Burgan BankK 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 KWD0.0 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.

Burgan BankK  (KUW:BURG) 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.

Burgan BankK Research & Development Related Terms

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Burgan BankK Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Burgan Bank SAK (KUW:BURG) » Definitions » Research & Development
Comparable Companies
KUW:ALMUTAHED KUW:ABK KUW:KPROJ KUW:WARBABANK KUW:GBK KUW:KIB KUW:CBK KUW:BOUBYAN CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN
Traded in Other Exchanges
N/A
Address
Abdulla Al-Ahmad Street, P.O. Box 5389,, Building No. 22, Sharq, Safat, Kuwait, KWT, 12170
Website
https://www.burgan.com
Burgan Bank SAK is a banking entity operating in Kuwait. The company's operating segment includes Corporate banking; Private and retail banking and Treasury, investment banking, and others. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment provides comprehensive products and services to corporate customers and financial institutions including lending, deposits, trade services, foreign exchange, advisory services, and others.