Ecobank Ghana (XGHA:EGH) Research & Development : GHS0 Mil (TTM As of Sep. 2024)

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What is Ecobank Ghana Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ecobank Ghana's Research & Development for the three months ended in Sep. 2024 was GHS0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was GHS0 Mil.

Ecobank Ghana Research & Development Historical Data

The historical data trend for Ecobank Ghana'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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Ecobank Ghana Research & Development Chart

Ecobank Ghana Annual Data

Trend

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Research & Development

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Ecobank Ghana Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Ecobank Ghana 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 GHS0 Mil.

Ecobank Ghana (XGHA:EGH) 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.

Ecobank Ghana Research & Development Related Terms

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Ecobank Ghana Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ecobank Ghana Ltd (XGHA:EGH) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Morocco Lane, Off The Independence Avenue, Ministerial Area, Accra, GHA, 3261

Website

https://www.ecobank.com

Ecobank Ghana Ltd is a commercial banking corporation based in Ghana. Its service offering includes retail, corporate, and investment banking products. The bank functions through three operating segments namely Consumer banking focused on individuals who are grouped into a premier, advantage (personal banking), and classic & youth banking (direct banking); Commercial Banking focused on Business Banking and Medium Local Corporates such as SMEs, Medium Local corporates and Non-government public sector (schools, faith, NGOs & professional bodies); and Corporate banking specializes in serving the public sector, multinational institutions, financial institutions/international organizations and the Regional Corporate segment of the market.

Ecobank Ghana Headlines

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