Lakeland Bancorp
LBAI
#5420
Rank
$0.76 B
Marketcap
$11.79
Share price
3.79%
Change (1 day)
-19.63%
Change (1 year)

Operating Margin for Lakeland Bancorp (LBAI)

Operating Margin as of April 2024 (TTM): 43.02%

According to Lakeland Bancorp's latest financial reports and stock price the company's current Operating Margin is 43.02%. At the end of 2021 the company had an Operating Margin of 49.51%.

Operating Margin history for Lakeland Bancorp from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202149.51%53.91%
202032.17%-24.52%
201942.61%2.79%
201841.46%-2.32%
201742.44%11.7%
201637.99%5.1%
201536.15%2.53%
201435.26%17.12%
201330.10%8.18%
201227.83%12.55%
201124.72%0.42%
201024.62%-311.53%
2009-11.64%-155.21%
200821.08%-27.26%
200728.98%-4.06%
200630.21%-14.09%
200535.17%9.23%
200432.19%-7.91%
200334.96%45.34%
200224.05%-26.55%
200132.75%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
52.85% 22.85%๐Ÿ‡บ๐Ÿ‡ธ USA
43.76% 1.72%๐Ÿ‡บ๐Ÿ‡ธ USA
70.15% 63.06%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.