VersaBank
VBNK
$9.84
Share price
0.51%
Change (1 day)
51.62%
Change (1 year)
Categories
Operating Margin for VersaBank (VBNK)
Operating Margin as of May 2024 (TTM): 42.22%
According to VersaBank's latest financial reports and stock price the company's current Operating Margin is 42.22%. At the end of 2022 the company had an Operating Margin of 39.50%.
Operating Margin history for VersaBank from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 39.50% | -16.14% |
| 2021 | 47.11% | -4.58% |
| 2020 | 49.37% | -4.31% |
| 2019 | 51.60% | 6.62% |
| 2018 | 48.40% | 44.02% |
| 2017 | 33.60% | 13.39% |
| 2016 | 29.63% | 15.95% |
| 2015 | 25.56% | 25.61% |
| 2014 | 20.35% | 127.22% |
| 2013 | 8.95% | -63.59% |
| 2012 | 24.60% | -35.74% |
| 2011 | 38.28% |
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.