OFG Bancorp
OFG
$36.30
Share price
-0.44%
Change (1 day)
42.46%
Change (1 year)
Categories
Operating Margin for OFG Bancorp (OFG)
Operating Margin as of April 2024 (TTM): 39.75%
According to OFG Bancorp 's latest financial reports and stock price the company's current Operating Margin is 39.75%. At the end of 2021 the company had an Operating Margin of 43.16%.
Operating Margin history for OFG Bancorp from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 43.16% | 116.77% |
| 2020 | 19.91% | -2.8% |
| 2019 | 20.48% | -45.03% |
| 2018 | 37.26% | 89.51% |
| 2017 | 19.66% | -19.33% |
| 2016 | 24.37% | -536.1% |
| 2015 | -5.59% | -118.22% |
| 2014 | 30.67% | 37.3% |
| 2013 | 22.34% | 60.4% |
| 2012 | 13.93% | -24.58% |
| 2011 | 18.47% | 425.37% |
| 2010 | 3.52% | -77.79% |
| 2009 | 15.83% | -10.23% |
| 2008 | 17.63% | -52.14% |
| 2007 | 36.84% | -435.58% |
| 2006 | -10.98% | -124.23% |
| 2005 | 45.31% | -12.78% |
| 2004 | 51.95% | 6% |
| 2003 | 49.01% | 12.92% |
| 2002 | 43.40% | 187.38% |
| 2001 | 15.10% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Wells Fargo WFC | 23.13% | -41.81% | 🇺🇸 USA |
 U.S. Bancorp USB | 27.15% | -31.70% | 🇺🇸 USA |
 Renasant Corp RNST | 34.09% | -14.24% | 🇺🇸 USA |
 Cullen/Frost Bankers CFR | 42.08% | 5.86% | 🇺🇸 USA |
 Bank of Hawaii
BOH | 38.56% | -2.99% | 🇺🇸 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.