Westamerica Bancorporation
WABC
$43.25
Share price
1.55%
Change (1 day)
-26.79%
Change (1 year)
Categories
Operating Margin for Westamerica Bancorporation (WABC)
Operating Margin as of September 2023 (TTM): 65.78%
According to Westamerica Bancorporation 's latest financial reports and stock price the company's current Operating Margin is 65.78%. At the end of 2022 the company had an Operating Margin of 62.50%.
Operating Margin history for Westamerica Bancorporation from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 62.50% | 14.73% |
| 2021 | 54.47% | 5.14% |
| 2020 | 51.81% | 0.56% |
| 2019 | 51.53% | 12.06% |
| 2018 | 45.98% | -0.87% |
| 2017 | 46.38% | 3.55% |
| 2016 | 44.79% | 6.31% |
| 2015 | 42.13% | 0.62% |
| 2014 | 41.87% | 0.52% |
| 2013 | 41.66% | -8.27% |
| 2012 | 45.41% | -2.39% |
| 2011 | 46.52% | -4.57% |
| 2010 | 48.75% | -24.01% |
| 2009 | 64.15% | 59.36% |
| 2008 | 40.25% | -25.62% |
| 2007 | 54.12% | -4.75% |
| 2006 | 56.82% | -2.57% |
| 2005 | 58.31% | 3.01% |
| 2004 | 56.61% | 0.9% |
| 2003 | 56.10% | 2.94% |
| 2002 | 54.50% | 0.99% |
| 2001 | 53.97% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Sierra Bancorp
BSRR | 34.49% | -47.57% | 🇺🇸 USA |
 Hanmi Financial HAFC | 51.27% | -22.06% | 🇺🇸 USA |
 Cathay General Bancorp CATY | 57.57% | -12.48% | 🇺🇸 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.