Lakeland Bancorp
LBAI
#5524
Rank
$0.87 B
Marketcap
$13.43
Share price
1.13%
Change (1 day)
-15.00%
Change (1 year)

Operating Margin for Lakeland Bancorp (LBAI)

Operating Margin as of July 2024 (TTM): 38.29%

According to Lakeland Bancorp's latest financial reports and stock price the company's current Operating Margin is 38.29%. At the end of 2023 the company had an Operating Margin of 36.46%.

Operating Margin history for Lakeland Bancorp from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202336.46%-14.42%
202242.61%-14.79%
202150.00%55.44%
202032.17%-24.52%
201942.61%2.79%
201841.46%-2.32%
201742.44%11.7%
201637.99%5.1%
201536.15%1.41%
201435.65%17.12%
201330.44%9.38%
201227.83%12.55%
201124.72%0.31%
201024.65%-311.76%
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
46.94% 22.59%๐Ÿ‡บ๐Ÿ‡ธ USA
51.49% 34.47%๐Ÿ‡บ๐Ÿ‡ธ USA
25.35%-33.79%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.