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FCMB Group (NSA:FCMB) Research & Development : ₦0 Mil (TTM As of Mar. 2024)


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What is FCMB Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. FCMB Group'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.

FCMB Group Research & Development Historical Data

The historical data trend for FCMB Group'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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FCMB Group Research & Development Chart

FCMB Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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FCMB Group 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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FCMB Group 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.

FCMB Group  (NSA:FCMB) 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.

FCMB Group Research & Development Related Terms

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FCMB Group (NSA:FCMB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FCMB Group PLC (NSA:FCMB) » Definitions » Research & Development
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NSA:STERLINGNG NSA:WEMA NSA:JAIZBANK NSA:UBNP NSA:ABBEYBDS NSA:UBP NSA:FBP NSA:ETI 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
44 Marina, First City Plaza, Lagos, NGA
Website
https://www.fcmbgroup.com
FCMB Group PLC provides banking products and services in Nigeria. Its business is divided into eight segments including Investment Banking, SME (Small and Medium Enterprises) Banking, Commercial Banking, Corporate Banking, Personal Banking, Institutional Banking, Treasury and Financial Markets, and Asset Management. The bank generates the majority of its revenue from the personal banking segment that offers private banking services, private customer current accounts, savings, deposits, investment savings products, custody, credit and debit cards, consumer loans, and mortgages. It has geographic operations in Nigeria and Europe.

FCMB Group (NSA:FCMB) Headlines

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