Parke Bancorp
PKBK
$16.37
Share price
-1.56%
Change (1 day)
-27.82%
Change (1 year)
Categories
Operating Margin for Parke Bancorp (PKBK)
Operating Margin as of September 2023 (TTM): 70.15%
According to Parke Bancorp's latest financial reports and stock price the company's current Operating Margin is 70.15%. At the end of 2021 the company had an Operating Margin of 70.48%.
Operating Margin history for Parke Bancorp from 2003 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 70.48% | 21.12% |
| 2020 | 58.19% | -11.82% |
| 2019 | 65.99% | 1.73% |
| 2018 | 64.87% | 12.51% |
| 2017 | 57.66% | -4.61% |
| 2016 | 60.44% | 24.44% |
| 2015 | 48.57% | 8.29% |
| 2014 | 44.85% | 20% |
| 2013 | 37.38% | 5.32% |
| 2012 | 35.49% | -4.53% |
| 2011 | 37.17% | -0.51% |
| 2010 | 37.36% | -4.03% |
| 2009 | 38.93% | 2.32% |
| 2008 | 38.05% | -32.26% |
| 2007 | 56.18% | 6.57% |
| 2006 | 52.71% | 4.52% |
| 2005 | 50.43% | 0.29% |
| 2004 | 50.29% | 7.92% |
| 2003 | 46.60% | 23.46% |
| 2002 | 37.74% | -58.44% |
| 2001 | 90.82% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Valley Bank VLY | 44.44% | -36.65% | 🇺🇸 USA |
 Unity Bancorp UNTY | 52.85% | -24.66% | 🇺🇸 USA |
 Peapack-Gladstone Financial PGC | 43.76% | -37.62% | 🇺🇸 USA |
 Lakeland Bancorp LBAI | 43.02% | -38.67% | 🇺🇸 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.