Rhinebeck Bancorp
RBKB
#8705
Rank
โ‚น9.12 B
Marketcap
โ‚น822.95
Share price
-0.81%
Change (1 day)
52.61%
Change (1 year)

Operating Margin for Rhinebeck Bancorp (RBKB)

Operating Margin as of November 2024 (TTM): 12.74%

According to Rhinebeck Bancorp's latest financial reports and stock price the company's current Operating Margin is 12.74%. At the end of 2023 the company had an Operating Margin of 12.85%.

Operating Margin history for Rhinebeck Bancorp from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202312.85%-31.01%
202218.62%-41.84%
202132.02%91.3%
202016.74%-15.38%
201919.78%25.07%
201815.81%-25.81%
201721.32%54.84%
201613.77%

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.