Western New England Bancorp
WNEB
#8052
Rank
NZ$0.30 B
Marketcap
$14.43
Share price
-1.24%
Change (1 day)
21.61%
Change (1 year)

Operating Margin for Western New England Bancorp (WNEB)

Operating Margin as of October 2024 (TTM): 23.08%

According to Western New England Bancorp's latest financial reports and stock price the company's current Operating Margin is 23.08%. At the end of 2023 the company had an Operating Margin of 24.85%.

Operating Margin history for Western New England Bancorp from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202324.85%-33.58%
202237.41%1.11%
202137.00%92.58%
202019.21%-24.4%
201925.41%-16.63%
201830.48%-4.84%
201732.03%91.24%
201616.75%-19.13%
201520.71%-8.52%
201422.64%0.74%
201322.48%-1.09%
201222.72%8.7%
201120.91%152.88%
20108.27%-55.75%
200918.68%-19.53%
200823.21%-35.55%
200736.02%51.36%
200623.80%-20.95%
200530.10%-84.26%
2004191.24%13.01%
2003169.22%-84.59%
20021,098.43%505.02%
2001181.55%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
58.27% 152.47%๐Ÿ‡บ๐Ÿ‡ธ USA
38.15% 65.29%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.