Berkshire Hills Bancorp
BHLB
#5179
Rank
HK$9.28 B
Marketcap
HK$216.12
Share price
1.63%
Change (1 day)
40.58%
Change (1 year)

Operating Margin for Berkshire Hills Bancorp (BHLB)

Operating Margin as of September 2024 (TTM): 6.27%

According to Berkshire Hills Bancorp's latest financial reports and stock price the company's current Operating Margin is 6.27%. At the end of 2023 the company had an Operating Margin of 19.02%.

Operating Margin history for Berkshire Hills Bancorp from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202319.02%-30.9%
202227.52%-29.54%
202139.06%-127.99%
2020-139.59%-604.29%
201927.68%-13.85%
201832.13%28.55%
201724.99%-4.15%
201626.08%28.1%
201520.36%1.3%
201420.09%-21.69%
201325.66%7.69%
201223.83%85.14%
201112.87%-16.48%
201015.41%-154.82%
2009-28.11%-197.17%
200828.93%36.5%
200721.20%-1.52%
200621.53%-11.75%
200524.39%-33.23%
200436.53%33.51%
200327.36%594.87%
20023.94%-84.97%
200126.20%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
57.40% 815.47%๐Ÿ‡บ๐Ÿ‡ธ USA
54.87% 775.12%๐Ÿ‡บ๐Ÿ‡ธ USA
27.72% 342.11%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.