TrustCo Bank
TRST
$27.93
Share price
1.16%
Change (1 day)
-1.55%
Change (1 year)
Categories
Operating Margin for TrustCo Bank (TRST)
Operating Margin as of May 2024 (TTM): 48.77%
According to TrustCo Bank's latest financial reports and stock price the company's current Operating Margin is 48.77%. At the end of 2021 the company had an Operating Margin of 46.05%.
Operating Margin history for TrustCo Bank from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 46.05% | 13.23% |
| 2020 | 40.67% | -7.29% |
| 2019 | 43.87% | -1.54% |
| 2018 | 44.56% | 0.29% |
| 2017 | 44.43% | 7.39% |
| 2016 | 41.37% | -0.22% |
| 2015 | 41.46% | -6.55% |
| 2014 | 44.37% | 8.62% |
| 2013 | 40.85% | 6.21% |
| 2012 | 38.46% | 10.77% |
| 2011 | 34.72% | 15.49% |
| 2010 | 30.06% | -8.9% |
| 2009 | 33.00% | -24.38% |
| 2008 | 43.63% | -14.25% |
| 2007 | 50.88% | -14.9% |
| 2006 | 59.79% | -12.04% |
| 2005 | 67.97% | 7.6% |
| 2004 | 63.17% | 4.27% |
| 2003 | 60.58% | 12.45% |
| 2002 | 53.87% | 0.17% |
| 2001 | 53.78% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Northfield Bancorp NFBK | 49.19% | 0.86% | 🇺🇸 USA |
 New York Community Bank
NYCB | 0.00% | N/A | 🇺🇸 USA |
 Greene County Bancorp GCBC | 49.30% | 1.09% | 🇺🇸 USA |
 Carver Bancorp CARV | -10.94% | -122.43% | 🇺🇸 USA |
 Berkshire Hills Bancorp BHLB | 27.81% | -42.98% | 🇺🇸 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.