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Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Research & Development : $0 Mil (TTM As of Mar. 2024)


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What is Grupo Financiero BanorteB de CV Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Grupo Financiero BanorteB de CV's Research & Development for the three months ended in Mar. 2024 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $0 Mil.


Grupo Financiero BanorteB de CV Research & Development Historical Data

The historical data trend for Grupo Financiero BanorteB de CV'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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Grupo Financiero BanorteB de CV Research & Development Chart

Grupo Financiero BanorteB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Grupo Financiero BanorteB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Grupo Financiero BanorteB de CV Research & Development Calculation

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

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


Grupo Financiero BanorteB de CV  (OTCPK:GBOOF) 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.


Grupo Financiero BanorteB de CV Research & Development Related Terms

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Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Business Description

Traded in Other Exchanges
Address
14th Floor, Avenue Prolongacion Reforma 1230, Col. Cruz Manca Santa Fe, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05349
Grupo Financiero Banorte SAB de CV is a Mexican financial services company. The company offers a wide variety of products and services including banking services, brokerage, wholesale banking, leasing, factoring, insurance, pensions, and retirement savings. It operates locally in Mexico.

Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Headlines

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