Richmond Mutual Bancorporation
RMBI
#8418
Rank
C$0.19 B
Marketcap
$19.17
Share price
0.81%
Change (1 day)
30.71%
Change (1 year)

Operating Margin for Richmond Mutual Bancorporation (RMBI)

Operating Margin as of November 2024 (TTM): 22.46%

According to Richmond Mutual Bancorporation's latest financial reports and stock price the company's current Operating Margin is 22.46%. At the end of 2022 the company had an Operating Margin of 33.97%.

Operating Margin history for Richmond Mutual Bancorporation from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202233.97%8.87%
202131.20%0.23%
202031.13%-154.75%
2019-56.85%-358.55%
201821.99%7.42%
201720.47%

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.