NB Bancorp
NBBK
#5811
Rank
โ‚น66.38 B
Marketcap
โ‚น1,555
Share price
-0.11%
Change (1 day)
N/A
Change (1 year)

Operating Margin for NB Bancorp (NBBK)

Operating Margin as of September 2024 (TTM): 9.71%

According to NB Bancorp's latest financial reports and stock price the company's current Operating Margin is 9.71%. At the end of 2023 the company had an Operating Margin of 8.13%.

Operating Margin history for NB Bancorp from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20238.13%-74.71%
202232.15%0.27%
202132.07%

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.