Third Coast Bancshares
TCBX
$21.52
Share price
0.94%
Change (1 day)
33.66%
Change (1 year)
Categories
Operating Margin for Third Coast Bancshares (TCBX)
Operating Margin as of May 2024 (TTM): 18.93%
According to Third Coast Bancshares's latest financial reports and stock price the company's current Operating Margin is 18.93%. At the end of 2021 the company had an Operating Margin of 15.55%.
Operating Margin history for Third Coast Bancshares from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 15.55% | -31.06% |
| 2020 | 22.56% | 139.41% |
| 2019 | 9.42% |
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.