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| Date | Value |
|---|---|
| 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 |