Red River Bancshares
RRBI
$47.21
Share price
3.42%
Change (1 day)
3.53%
Change (1 year)
Categories
Operating Margin for Red River Bancshares (RRBI)
Operating Margin as of April 2024 (TTM): 43.96%
According to Red River Bancshares's latest financial reports and stock price the company's current Operating Margin is 43.96%. At the end of 2021 the company had an Operating Margin of 42.08%.
Operating Margin history for Red River Bancshares from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 42.08% | 11.24% |
| 2020 | 37.83% | -2.57% |
| 2019 | 38.83% | -0.16% |
| 2018 | 38.89% | 9.6% |
| 2017 | 35.48% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 54.66% | 24.34% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 31.30% | -28.80% | 🇺🇸 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.