TC Bancshares
TCBC
#9058
Rank
C$0.10 B
Marketcap
$24.47
Share price
-0.57%
Change (1 day)
N/A
Change (1 year)

Operating Margin for TC Bancshares (TCBC)

Operating Margin as of November 2024 (TTM): -0.36%

According to TC Bancshares's latest financial reports and stock price the company's current Operating Margin is -0.36%. At the end of 2023 the company had an Operating Margin of 2.48%.

Operating Margin history for TC Bancshares from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20232.48%-83.77%
202215.30%-31.98%
202122.49%725.62%
20202.72%-81.46%
201914.69%

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.