TowneBank
TOWN
$26.58
Share price
2.74%
Change (1 day)
13.98%
Change (1 year)
Categories
Operating Margin for TowneBank (TOWN)
Operating Margin as of May 2024 (TTM): 32.28%
According to TowneBank 's latest financial reports and stock price the company's current Operating Margin is 32.28%. At the end of 2022 the company had an Operating Margin of 34.54%.
Operating Margin history for TowneBank from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 34.54% | -16.2% |
| 2021 | 41.21% | 35.56% |
| 2020 | 30.40% | -2.86% |
| 2019 | 31.30% | -3.2% |
| 2018 | 32.33% | -1.78% |
| 2017 | 32.92% | 21.73% |
| 2016 | 27.04% | -13.16% |
| 2015 | 31.14% | 19.43% |
| 2014 | 26.07% | -0.67% |
| 2013 | 26.25% | 11.69% |
| 2012 | 23.50% | 5.27% |
| 2011 | 22.33% | -2.88% |
| 2010 | 22.99% | -2.37% |
| 2009 | 23.55% | -5.52% |
| 2008 | 24.92% | -10.56% |
| 2007 | 27.86% | -4.21% |
| 2006 | 29.09% | 3.15% |
| 2005 | 28.20% | 2.7% |
| 2004 | 27.46% | 12.49% |
| 2003 | 24.41% | 11.71% |
| 2002 | 21.85% | 1.95% |
| 2001 | 21.43% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Old Point Financial OPOF | 20.37% | -36.90% | 🇺🇸 USA |
 American National Bank & Trust Company AMNB | 39.23% | 21.53% | 🇺🇸 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.