MetroCity Bankshares
MCBS
#5760
Rank
$0.62 B
Marketcap
$24.68
Share price
3.70%
Change (1 day)
44.07%
Change (1 year)

Operating Margin for MetroCity Bankshares (MCBS)

Operating Margin as of March 2024 (TTM): 65.35%

According to MetroCity Bankshares's latest financial reports and stock price the company's current Operating Margin is 65.35%. At the end of 2021 the company had an Operating Margin of 61.31%.

Operating Margin history for MetroCity Bankshares from 2015 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202161.31%15.01%
202053.31%-13.57%
201961.68%1.67%
201860.67%2.18%
201759.37%7.28%
201655.34%-6.4%
201559.12%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
54.66%-16.36%๐Ÿ‡บ๐Ÿ‡ธ USA
31.30%-52.10%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.