ConnectOne Bancorp
CNOB
$19.49
Share price
2.36%
Change (1 day)
41.44%
Change (1 year)
Categories
Operating Margin for ConnectOne Bancorp (CNOB)
Operating Margin as of May 2024 (TTM): 52.11%
According to ConnectOne Bancorp's latest financial reports and stock price the company's current Operating Margin is 52.11%. At the end of 2021 the company had an Operating Margin of 62.99%.
Operating Margin history for ConnectOne Bancorp from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 62.99% | 75.9% |
| 2020 | 35.81% | -25.97% |
| 2019 | 48.38% | 10.83% |
| 2018 | 43.65% | -2.34% |
| 2017 | 44.70% | 46.09% |
| 2016 | 30.60% | -36.99% |
| 2015 | 48.56% | 53.95% |
| 2014 | 31.54% | -38.96% |
| 2013 | 51.68% | 2.21% |
| 2012 | 50.56% | 11.92% |
| 2011 | 45.18% | 127.59% |
| 2010 | 19.85% | 6.16% |
| 2009 | 18.70% | -28.22% |
| 2008 | 26.05% | 630.12% |
| 2007 | 3.57% | 56.65% |
| 2006 | 2.28% | -91.99% |
| 2005 | 28.44% | -9.34% |
| 2004 | 31.38% | 9.41% |
| 2003 | 28.68% | -28.38% |
| 2002 | 40.04% | 10.82% |
| 2001 | 36.13% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Valley Bank VLY | 44.44% | -14.72% | 🇺🇸 USA |
 Unity Bancorp UNTY | 52.85% | 1.42% | 🇺🇸 USA |
 Peapack-Gladstone Financial PGC | 43.76% | -16.02% | 🇺🇸 USA |
 Parke Bancorp PKBK | 70.15% | 34.62% | 🇺🇸 USA |
 Lakeland Bancorp LBAI | 43.02% | -17.44% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.