ConnectOne Bancorp
CNOB
#5541
Rank
โ‚ฌ0.90 B
Marketcap
23,51ย โ‚ฌ
Share price
3.46%
Change (1 day)
39.71%
Change (1 year)

Operating Margin for ConnectOne Bancorp (CNOB)

Operating Margin as of October 2024 (TTM): 39.30%

According to ConnectOne Bancorp's latest financial reports and stock price the company's current Operating Margin is 39.30%. At the end of 2023 the company had an Operating Margin of 43.46%.

Operating Margin history for ConnectOne Bancorp from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202343.46%-19.95%
202254.29%-13.81%
202162.99%75.9%
202035.81%-25.97%
201948.38%10.65%
201843.72%-2.18%
201744.70%46.09%
201630.60%-36.99%
201548.56%53.95%
201431.54%-38.96%
201351.68%2.21%
201250.56%11.92%
201145.18%127.59%
201019.85%36.23%
200914.57%-44.06%
200826.05%630.12%
20073.57%56.65%
20062.28%-91.99%
200528.44%-9.34%
200431.38%9.41%
200328.68%-28.38%
200240.04%10.82%
200136.13%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
27.85%-29.13%๐Ÿ‡บ๐Ÿ‡ธ USA
45.59% 16.01%๐Ÿ‡บ๐Ÿ‡ธ USA
38.29%-2.57%๐Ÿ‡บ๐Ÿ‡ธ USA
21.57%-45.11%๐Ÿ‡บ๐Ÿ‡ธ USA
51.47% 30.97%๐Ÿ‡บ๐Ÿ‡ธ 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.