Eastern Bankshares
EBC
$12.56
Share price
-2.03%
Change (1 day)
10.27%
Change (1 year)
Categories
Operating Margin for Eastern Bankshares (EBC)
Operating Margin as of April 2024 (TTM): -15.17%
According to Eastern Bankshares's latest financial reports and stock price the company's current Operating Margin is -15.17%. At the end of 2022 the company had an Operating Margin of 34.79%.
Operating Margin history for Eastern Bankshares from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 34.79% | 13.65% |
| 2021 | 30.61% | 388.5% |
| 2020 | 6.27% | -78.69% |
| 2019 | 29.41% | 5.77% |
| 2018 | 27.81% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 54.66% | -460.32% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 31.30% | -306.33% | 🇺🇸 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.