VersaBank
VBNK
#6855
Rank
HK$3.47 B
Marketcap
HK$133.36
Share price
0.20%
Change (1 day)
124.30%
Change (1 year)

Operating Margin for VersaBank (VBNK)

Operating Margin as of November 2024 (TTM): 56.08%

According to VersaBank's latest financial reports and stock price the company's current Operating Margin is 56.08%. At the end of 2023 the company had an Operating Margin of 53.06%.

Operating Margin history for VersaBank from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202353.06%34.32%
202239.50%-16.14%
202147.11%-4.58%
202049.37%-4.31%
201951.60%6.62%
201848.40%44.02%
201733.60%13.39%
201629.63%15.95%
201525.56%25.61%
201420.35%127.22%
20138.95%-63.59%
201224.60%-35.74%
201138.28%

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.