Provident Bancorp
PVBC
$9.40
Share price
0.00%
Change (1 day)
18.24%
Change (1 year)
Categories
Operating Margin for Provident Bancorp (PVBC)
Operating Margin as of May 2024 (TTM): -40.56%
According to Provident Bancorp 's latest financial reports and stock price the company's current Operating Margin is -40.56%. At the end of 2021 the company had an Operating Margin of 33.17%.
Operating Margin history for Provident Bancorp from 2014 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 33.17% | 15.87% |
| 2020 | 28.63% | -6.97% |
| 2019 | 30.78% | 1.19% |
| 2018 | 30.41% | -16.67% |
| 2017 | 36.50% | 19.05% |
| 2016 | 30.66% | 60.11% |
| 2015 | 19.15% | -20.77% |
| 2014 | 24.17% | 3.9% |
| 2013 | 23.26% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 54.66% | -234.76% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 31.30% | -177.17% | 🇺🇸 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.