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 26.56% is 11% below its 5-year average of 29.73%, near the high end of its 5-year range (-278.10%–47.22%).
178.50% above its 12-month average of -33.83%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): -278.10%.
OPERATING MARGIN
26.56%
OPERATING MARGIN AVG TTM
-33.83%
OPERATING MARGIN AVG 3Y
24.57%
OPERATING MARGIN AVG 5Y
29.73%
OPERATING MARGIN AVG 10Y
31.77%
OPERATING MARGIN AVG 15Y
27.83%
OPERATING MARGIN AVG 20Y
25.44%
CURRENT VS TTM AVG
+178.50%
CURRENT VS 3Y AVG
+8.11%
CURRENT VS 5Y AVG
-10.66%
CURRENT VS 10Y AVG
-16.40%
CURRENT VS 15Y AVG
-4.56%
CURRENT VS 20Y AVG
+4.39%
SECTOR MEDIAN · FINANCIAL SERVICES
16.09%
median of 716 covered companies
CURRENT VS SECTOR MEDIAN
+65.07%
vs the sector median at left
First Bancorp
Market Cap
$2.49B
Operating Margin
26.56%
TTM Avg
-33.83%
3Y Avg
24.57%
5Y Avg
29.73%
Market Cap
$2.49B
Operating Margin
11.80%
TTM Avg
4.17%
3Y Avg
13.40%
5Y Avg
19.64%
Market Cap
$2.49B
Operating Margin
16.52%
TTM Avg
20.51%
3Y Avg
24.97%
5Y Avg
27.51%
Market Cap
$2.50B
Operating Margin
18.95%
TTM Avg
23.33%
3Y Avg
27.11%
5Y Avg
30.37%
Market Cap
$2.44B
Operating Margin
-135.44%
TTM Avg
-42.42%
3Y Avg
15.56%
5Y Avg
34.37%
Market Cap
$2.54B
Operating Margin
21.15%
TTM Avg
24.27%
3Y Avg
31.54%
5Y Avg
42.14%
Market Cap
$2.58B
Operating Margin
7.27%
TTM Avg
5.84%
3Y Avg
1.24%
5Y Avg
-1.70%
Market Cap
$2.39B
Operating Margin
21.15%
TTM Avg
24.27%
3Y Avg
31.54%
5Y Avg
42.14%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Bancorp (FBNC) | $2.49B | 26.56% | -33.83% | 24.57% | 29.73% |
| Columbia Financial, Inc. (CLBK)vs › | $2.49B | 11.80% | 4.17% | 13.40% | 19.64% |
| First Busey Corporation (BUSE)vs › | $2.49B | 16.52% | 20.51% | 24.97% | 27.51% |
| First Merchants Corporation (FRME)vs › | $2.50B | 18.95% | 23.33% | 27.11% | 30.37% |
| Oxford Lane Capital Corp. (OXLCM)vs › | $2.44B | -135.44% | -42.42% | 15.56% | 34.37% |
| Merchants Bancorp (MBINM)vs › | $2.54B | 21.15% | 24.27% | 31.54% | 42.14% |
| WaFd, Inc. (WAFDP)vs › | $2.57B | 23.63% | 19.20% | 27.25% | 29.28% |
| The Baldwin Insurance Group, Inc. (BWIN)vs › | $2.58B | 7.27% | 5.84% | 1.24% | -1.70% |
| Merchants Bancorp (MBINN)vs › | $2.39B | 21.15% | 24.27% | 31.54% | 42.14% |
| Merchants Bancorp (MBINL)vs › | $2.38B | 21.15% | 24.27% | 31.54% | 42.14% |
Operating Margin
26.6%
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 | -278.10% |
| 2026-03-31 | 37.44% |
| 2025-12-31 | 17.87% |
| 2025-09-30 | 20.30% |
| 2025-06-30 | 33.32% |
| 2025-03-31 | 32.39% |
| 2024-12-31 | 6.41% |
| 2024-09-30 | 15.76% |
| 2024-06-30 | 25.72% |
| 2024-03-31 | 23.02% |
| 2023-12-31 | 27.72% |
| 2023-09-30 | 27.34% |
| 2023-06-30 | 27.52% |
| 2023-03-31 | 14.80% |
| 2022-12-31 | 44.83% |
| 2022-09-30 | 45.77% |
| 2022-06-30 | 47.22% |
| 2022-03-31 | 43.34% |
| 2021-12-31 | 13.88% |
| 2021-09-30 | 44.91% |
| 2021-06-30 | 45.00% |
| 2021-03-31 | 45.65% |
| 2020-12-31 | 38.06% |
| 2020-09-30 | 37.01% |
| 2020-06-30 | 24.60% |
| 2020-03-31 | 30.16% |
| 2019-12-31 | 34.83% |
| 2019-09-30 | 40.89% |
| 2019-06-30 | 38.67% |
| 2019-03-31 | 37.27% |
| 2018-12-31 | 39.54% |
| 2018-09-30 | 38.01% |
| 2018-06-30 | 40.19% |
| 2018-03-31 | 37.39% |
| 2017-12-31 | 29.36% |
| 2017-09-30 | 34.19% |
| 2017-06-30 | 30.54% |
| 2017-03-31 | 24.44% |
| 2016-12-31 | 29.42% |
| 2016-09-30 | 18.07% |
| 2016-06-30 | 27.95% |
| 2016-03-31 | 25.78% |
| 2015-12-31 | 26.44% |
| 2015-09-30 | 27.77% |
| 2015-06-30 | 24.64% |
| 2015-03-31 | 27.65% |
| 2014-12-31 | 27.16% |
| 2014-09-30 | 20.73% |
| 2014-06-30 | 23.38% |
| 2014-03-31 | 19.28% |
| 2013-12-31 | 18.04% |
| 2013-09-30 | 24.11% |
| 2013-06-30 | 18.95% |
| 2013-03-31 | 11.31% |
| 2012-12-31 | -109.62% |
| 2012-09-30 | 14.85% |
| 2012-06-30 | 11.04% |
| 2012-03-31 | -19.56% |
| 2011-12-31 | 2.39% |
| 2011-09-30 | 7.93% |
| 2011-06-30 | 11.85% |
| 2011-03-31 | 20.61% |
| 2010-12-31 | -4.47% |
| 2010-09-30 | 12.05% |
| 2010-06-30 | 12.26% |
| 2010-03-31 | 15.15% |
| 2009-12-31 | -104.83% |
| 2009-09-30 | 20.52% |
| 2009-06-30 | 180.64% |
| 2009-03-31 | 16.38% |
| 2008-12-31 | 19.13% |
| 2008-09-30 | 22.90% |
| 2008-06-30 | 19.86% |
| 2008-03-31 | 21.20% |
| 2007-12-31 | 21.17% |
| 2007-09-30 | 21.70% |
| 2007-06-30 | 20.83% |
| 2007-03-31 | 19.74% |
| 2006-12-31 | 19.63% |
| 2006-09-30 | 18.55% |
| 2006-06-30 | 22.25% |
| 2006-03-31 | 24.68% |
| 2005-12-31 | 27.42% |
| 2005-09-30 | 30.00% |
| 2005-06-30 | 26.79% |
| 2005-03-31 | 28.92% |
| 2004-12-31 | 30.54% |
| 2004-09-30 | 31.86% |
| 2004-06-30 | 31.56% |
| 2004-03-31 | 31.40% |
| 2003-12-31 | 32.53% |
| 2003-09-30 | 35.36% |
| 2003-06-30 | 33.32% |
| 2003-03-31 | 32.92% |
| 2002-12-31 | 37.00% |
| 2002-09-30 | 33.38% |
