Western New England Bancorp
WNEB
#7207
Rank
$0.14 B
Marketcap
$6.50
Share price
-0.31%
Change (1 day)
7.97%
Change (1 year)

Operating Margin for Western New England Bancorp (WNEB)

Operating Margin as of May 2024 (TTM): 37.19%

According to Western New England Bancorp's latest financial reports and stock price the company's current Operating Margin is 37.19%. At the end of 2021 the company had an Operating Margin of 37.00%.

Operating Margin history for Western New England Bancorp from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202137.00%92.58%
202019.21%-24.4%
201925.41%-16.63%
201830.48%-4.84%
201732.03%91.24%
201616.75%-19.13%
201520.71%-8.52%
201422.64%0.74%
201322.48%-1.09%
201222.72%9.02%
201120.84%153.14%
20108.23%-56%
200918.71%-22.22%
200824.06%-33.21%
200736.02%51.36%
200623.80%-20.95%
200530.10%-84.26%
2004191.24%13.01%
2003169.22%-84.59%
20021,098.43%505.02%
2001181.55%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
54.66% 46.97%๐Ÿ‡บ๐Ÿ‡ธ USA
31.30%-15.84%๐Ÿ‡บ๐Ÿ‡ธ 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.