Third Coast Bancshares
TCBX
#6942
Rank
ยฃ0.28 B
Marketcap
ยฃ20.95
Share price
-1.75%
Change (1 day)
42.90%
Change (1 year)

Operating Margin for Third Coast Bancshares (TCBX)

Operating Margin as of September 2024 (TTM): 29.22%

According to Third Coast Bancshares's latest financial reports and stock price the company's current Operating Margin is 29.22%. At the end of 2023 the company had an Operating Margin of 28.30%.

Operating Margin history for Third Coast Bancshares from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202328.30%49.42%
202218.94%21.77%
202115.55%-31.06%
202022.56%139.42%
20199.42%

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.