• Glacier Bancorp average operating margin for 2023 was 30.17%, a 20.31% decline from 2022.
• Glacier Bancorp average operating margin for 2022 was 37.86%, a 17.61% decline from 2021.
• Glacier Bancorp average operating margin for 2021 was 45.95%, a 20.32% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.