Inter (INTR) Research & Development (2021 - 2023)

Inter (INTR) reported Research & Development of -$39.0 million for Q3 2023, down 7.46% on a YoY basis from -$42.1 million in Q3 2022, and up 52.75% quarter-over-quarter from -$82.5 million in Q2 2023.

Inter (INTR) Research & Development (2021 - 2023) Analysis & Trends

Inter has reported Research & Development for 3 years, with the latest figure at -$39.0 million in Q3 2023.

  • For the quarter ending Q3 2023, Research & Development fell 7.46% year-over-year to -$39.0 million; the trailing twelve-month figure through Sep 2023 stood at -$195.7 million (up 2.09% YoY), and the FY2022 full-year result was -$135.1 million, down 41.71% from the prior year.
  • Research & Development for Q3 2023 stood at -$39.0 million, up from -$82.5 million in the prior quarter.
  • The five-year high for Research & Development was -$30.4 million in Q1 2022, with the low at -$82.5 million in Q2 2023.
  • Historically, Research & Development has averaged -$49.4 million across 3 years, with a median of -$39.6 million in 2023.
  • Annual changes were most pronounced in 2022 — Research & Development soared 45.3% — and 2023, when it slumped 32.29%.
  • Inter's Research & Development stood at -$66.3 million in 2021, then jumped by 48.88% to -$33.9 million in 2022, then retreated by 14.97% to -$39.0 million in 2023.
  • The last three Research & Development figures came in at -$39.0 million (Q3 2023), -$82.5 million (Q2 2023), and -$40.3 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 1.10 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 554,000.00
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Inter 14.25 Mn -806.45 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2023 -39.00 Mn
Jun 30, 2023 -82.53 Mn
Mar 31, 2023 -40.25 Mn
Dec 31, 2022 -33.92 Mn
Sep 30, 2022 -36.29 Mn
Jun 30, 2022 -66.82 Mn
Mar 31, 2022 -30.43 Mn
Sep 30, 2021 -66.35 Mn