Summit Financial Group
SMMF
$26.02
Share price
-1.30%
Change (1 day)
33.23%
Change (1 year)
Categories
Operating Margin for Summit Financial Group (SMMF)
Operating Margin as of May 2024 (TTM): 47.09%
According to Summit Financial Group's latest financial reports and stock price the company's current Operating Margin is 47.09%. At the end of 2021 the company had an Operating Margin of 45.03%.
Operating Margin history for Summit Financial Group from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 45.03% | 31.7% |
| 2020 | 34.19% | -18.4% |
| 2019 | 41.90% | 2.37% |
| 2018 | 40.93% | 53.13% |
| 2017 | 26.73% | -35.01% |
| 2016 | 41.13% | 3.57% |
| 2015 | 39.71% | 30.73% |
| 2014 | 30.38% | 39.79% |
| 2013 | 21.73% | 63.09% |
| 2012 | 13.33% | 25.3% |
| 2011 | 10.63% | -204.32% |
| 2010 | -10.19% | 93.58% |
| 2009 | -5.27% | -242.07% |
| 2008 | 3.71% | -91.07% |
| 2007 | 41.51% | 2.01% |
| 2006 | 40.69% | 52.23% |
| 2005 | 26.73% | -3.16% |
| 2004 | 27.60% | -30.47% |
| 2003 | 39.70% | -5.26% |
| 2002 | 41.91% | 4.67% |
| 2001 | 40.04% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Huntington Bancshares
HBAN | 39.14% | -16.88% | 🇺🇸 USA |
 Regions Financial
RF | 38.20% | -18.88% | 🇺🇸 USA |
 Trustmark TRMK | 15.58% | -66.91% | 🇺🇸 USA |
 TowneBank
TOWN | 32.28% | -31.45% | 🇺🇸 USA |
 Premier Financial Bancorp PFBI | N/A | N/A | 🇺🇸 USA |
 Peoples Bancorp PEBO | 39.03% | -17.12% | 🇺🇸 USA |
 American National Bank & Trust Company AMNB | 39.23% | -16.69% | 🇺🇸 USA |
 F.N.B. Corporation
FNB | 43.82% | -6.94% | 🇺🇸 USA |
 City Holding Company CHCO | 49.94% | 6.05% | 🇺🇸 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.