Washington Trust Bancorp
WASH
$26.33
Share price
-1.50%
Change (1 day)
-50.79%
Change (1 year)
Categories
Operating Margin for Washington Trust Bancorp (WASH)
Operating Margin as of October 2023 (TTM): 39.82%
According to Washington Trust Bancorp's latest financial reports and stock price the company's current Operating Margin is 39.82%. At the end of 2021 the company had an Operating Margin of 42.91%.
Operating Margin history for Washington Trust Bancorp from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 42.91% | 9.19% |
| 2020 | 39.30% | -10.65% |
| 2019 | 43.98% | -1.37% |
| 2018 | 44.59% | 5.88% |
| 2017 | 42.12% | 7.63% |
| 2016 | 39.13% | -1.11% |
| 2015 | 39.57% | 0.19% |
| 2014 | 39.49% | 8.92% |
| 2013 | 36.26% | 4.86% |
| 2012 | 34.58% | 11.99% |
| 2011 | 30.88% | 13.62% |
| 2010 | 27.17% | 34.7% |
| 2009 | 20.17% | -27.47% |
| 2008 | 27.81% | -15.35% |
| 2007 | 32.86% | -8.26% |
| 2006 | 35.81% | -3.54% |
| 2005 | 37.13% | -0.53% |
| 2004 | 37.33% | 2.74% |
| 2003 | 36.33% | 1.61% |
| 2002 | 35.76% | 16.67% |
| 2001 | 30.65% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Union Bankshares UNB | 31.85% | -20.02% | 🇺🇸 USA |
 Northeast Bank NBN | 54.66% | 37.27% | 🇺🇸 USA |
 Independent Bank Corp (Massachusetts) INDB | 47.16% | 18.43% | 🇺🇸 USA |
 Enterprise Bancorp EBTC | 32.36% | -18.73% | 🇺🇸 USA |
 Century BanCorp CNBKA | N/A | N/A | 🇺🇸 USA |
 Brookline Bancorp BRKL | 32.86% | -17.48% | 🇺🇸 USA |
 Boston Private BPFH | N/A | N/A | 🇺🇸 USA |
 Webster Financial WBS | 44.18% | 10.95% | 🇺🇸 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.