Southern States Bancshares
SSBK
#7380
Rank
ยฃ0.20 B
Marketcap
ยฃ23.47
Share price
0.49%
Change (1 day)
27.70%
Change (1 year)

Operating Margin for Southern States Bancshares (SSBK)

Operating Margin as of September 2024 (TTM): 47.08%

According to Southern States Bancshares's latest financial reports and stock price the company's current Operating Margin is 47.08%. At the end of 2023 the company had an Operating Margin of 46.10%.

Operating Margin history for Southern States Bancshares from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202346.10%6%
202243.49%14.03%
202138.14%30.62%
202029.20%50.02%
201919.46%

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.