Itaú CorpBanca
ITCB
$3.42
Share price
1.18%
Change (1 day)
9.62%
Change (1 year)
Categories
Operating Margin for Itaú CorpBanca (ITCB)
Operating Margin as of September 2023 (TTM): 16.34%
According to Itaú CorpBanca's latest financial reports and stock price the company's current Operating Margin is 16.34%. At the end of 2022 the company had an Operating Margin of 27.18%.
Operating Margin history for Itaú CorpBanca from 2005 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 27.18% | -9.55% |
| 2021 | 30.06% | -129.51% |
| 2020 | -101.86% | -756.67% |
| 2019 | 15.51% | -26.54% |
| 2018 | 21.12% | 2141.28% |
| 2017 | 0.94% | -148.87% |
| 2016 | -1.93% | -105.66% |
| 2015 | 34.06% | -5.07% |
| 2014 | 35.88% | 5.17% |
| 2013 | 34.12% | 6.58% |
| 2012 | 32.01% | -26.33% |
| 2011 | 43.45% | 2.36% |
| 2010 | 42.45% | 24.22% |
| 2009 | 34.18% | 29.75% |
| 2008 | 26.34% | -7.75% |
| 2007 | 28.55% | 9.38% |
| 2006 | 26.11% | -36.23% |
| 2005 | 40.94% | 1.35% |
| 2004 | 40.39% | -26.02% |
| 2003 | 54.60% | 63.78% |
| 2002 | 33.34% | 9.19% |
| 2001 | 30.53% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 54.66% | 234.52% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 31.30% | 91.55% | 🇺🇸 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.