Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 11.80% is 31% below its 5-year average of 16.98%, around the middle of its 5-year range (-29.76%–44.53%).
1.96% below its 12-month average of 12.04%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 7.52%.
OPERATING MARGIN
11.80%
OPERATING MARGIN AVG TTM
12.04%
OPERATING MARGIN AVG 3Y
8.17%
OPERATING MARGIN AVG 5Y
16.98%
OPERATING MARGIN AVG 10Y
22.63%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-1.96%
CURRENT VS 3Y AVG
+44.51%
CURRENT VS 5Y AVG
-30.50%
CURRENT VS 10Y AVG
-47.86%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
17.73%
median of 466 covered companies
CURRENT VS SECTOR MEDIAN
-33.45%
vs the sector median at left
Columbia Financial, Inc.
Market Cap
$2.54B
Operating Margin
11.80%
TTM Avg
12.04%
3Y Avg
8.17%
5Y Avg
16.98%
Market Cap
$2.53B
Operating Margin
21.15%
TTM Avg
24.27%
3Y Avg
31.54%
5Y Avg
42.14%
Market Cap
$2.52B
Operating Margin
18.95%
TTM Avg
23.33%
3Y Avg
27.11%
5Y Avg
30.37%
Market Cap
$2.50B
Operating Margin
16.52%
TTM Avg
20.51%
3Y Avg
24.97%
5Y Avg
27.51%
Market Cap
$2.58B
Operating Margin
7.27%
TTM Avg
5.84%
3Y Avg
1.24%
5Y Avg
-1.70%
Market Cap
$2.38B
Operating Margin
21.15%
TTM Avg
24.27%
3Y Avg
31.54%
5Y Avg
42.14%
Market Cap
$2.38B
Operating Margin
21.15%
TTM Avg
24.27%
3Y Avg
31.54%
5Y Avg
42.14%
Market Cap
$2.35B
Operating Margin
69.73%
TTM Avg
170.78%
3Y Avg
-122.92%
5Y Avg
-51.58%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Columbia Financial, Inc. (CLBK) | $2.54B | 11.80% | 12.04% | 8.17% | 16.98% |
| Merchants Bancorp (MBINM)vs › | $2.53B | 21.15% | 24.27% | 31.54% | 42.14% |
| First Bancorp (FBNC)vs › | $2.54B | 26.56% | 22.52% | 28.71% | 30.71% |
| First Merchants Corporation (FRME)vs › | $2.52B | 18.95% | 23.33% | 27.11% | 30.37% |
| First Busey Corporation (BUSE)vs › | $2.50B | 16.52% | 20.51% | 24.97% | 27.51% |
| The Baldwin Insurance Group, Inc. (BWIN)vs › | $2.58B | 7.27% | 5.84% | 1.24% | -1.70% |
| Merchants Bancorp (MBINN)vs › | $2.38B | 21.15% | 24.27% | 31.54% | 42.14% |
| Merchants Bancorp (MBINL)vs › | $2.38B | 21.15% | 24.27% | 31.54% | 42.14% |
| Nuveen Quality Municipal Income Fund (NAD)vs › | $2.35B | 69.73% | 170.78% | -122.92% | -51.58% |
| Ethos Technologies Inc. (LIFE)vs › | $2.31B | 18.81% | 18.81% | 18.81% | 18.81% |
Operating Margin
11.8%
Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 7.52% |
| 2026-03-31 | 15.33% |
| 2025-12-31 | 15.34% |
| 2025-09-30 | 8.97% |
| 2025-06-30 | 13.03% |
| 2025-03-31 | 9.96% |
| 2024-12-31 | -29.76% |
| 2024-09-30 | 5.86% |
| 2024-06-30 | 3.93% |
| 2024-03-31 | -1.11% |
| 2023-12-31 | 6.09% |
| 2023-09-30 | 11.06% |
| 2023-06-30 | 2.01% |
| 2023-03-31 | 24.63% |
| 2022-12-31 | 31.97% |
| 2022-09-30 | 31.80% |
| 2022-06-30 | 38.29% |
| 2022-03-31 | 36.38% |
| 2021-12-31 | 42.36% |
| 2021-09-30 | 38.38% |
| 2021-06-30 | 44.53% |
| 2021-03-31 | 37.98% |
| 2020-12-31 | 33.04% |
| 2020-09-30 | 25.18% |
| 2020-06-30 | 23.86% |
| 2020-03-31 | 11.15% |
| 2019-12-31 | 21.85% |
| 2019-09-30 | 26.37% |
| 2019-06-30 | 22.58% |
| 2019-03-31 | 26.77% |
| 2018-12-31 | 26.41% |
| 2018-09-30 | 28.25% |
| 2018-06-30 | -29.58% |
| 2018-03-31 | 27.94% |
| 2017-12-31 | 23.53% |
| 2017-09-30 | 16.84% |
| 2017-06-30 | 39.40% |
| 2017-03-31 | 29.92% |
| 2016-12-31 | 29.96% |
