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Abbey Mortgage Bank (NSA:ABBEYBDS) Research & Development : ₦0 Mil (TTM As of Dec. 2023)


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What is Abbey Mortgage Bank Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Abbey Mortgage Bank's Research & Development for the six months ended in Dec. 2023 was ₦0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ₦0 Mil.

Abbey Mortgage Bank Research & Development Historical Data

The historical data trend for Abbey Mortgage Bank'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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Abbey Mortgage Bank Research & Development Chart

Abbey Mortgage Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Abbey Mortgage Bank Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Abbey Mortgage Bank 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. 2023 was ₦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.

Abbey Mortgage Bank  (NSA:ABBEYBDS) 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.

Abbey Mortgage Bank Research & Development Related Terms

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

Abbey Mortgage Bank (NSA:ABBEYBDS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Abbey Mortgage Bank PLC (NSA:ABBEYBDS) » Definitions » Research & Development
Comparable Companies
NSA:UBP NSA:JAIZBANK NSA:WEMA NSA:STERLINGNG 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 HKSE:01658 SAU:1180 BSP:ITUB3 USB
Traded in Other Exchanges
N/A
Address
No 23, Karimu Kotun Street, Victoria Island, Lagos, NGA
Website
http://www.abbeymortgagebank.com
Abbey Mortgage Bank PLC provides loan, mortgage and banking services to corporate and individual customers. The Bank's operations are geographically divided into two segments based on its operations within the northern and southern Nigeria The company offers a savings account, deposits, fund management services, personal loan, real estate and mortgage services and construction financing, among others.

Abbey Mortgage Bank (NSA:ABBEYBDS) Headlines

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