MGYR — Magyar Bancorp Inc
NASDAQ · Financial Services · Banks - Regional
$19.68
+$0.00 (+0.00%)
Magyar Bancorp Inc (MGYR) is a banks - regional company listed on NASDAQ. It is led by John S. Fitzgerald, based in 400 Somerset Street, New Brunswick, NJ, United States, 08901, with about 91 employees. Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company provides one-to four-family residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans. In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.
Net income was $2.5M. MGYR currently screens at market cap $111.2M and trailing P/E 9.7.
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About Magyar Bancorp Inc
Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company provides one-to four-family residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans. In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.
MGYR Key Statistics
Market Cap
$111.16M
Volume
4,634
Previous Close
$19.68
Day Range
$19.47 – $19.72
P/E Ratio
9.66
P/B Ratio
0.90
EPS
$1.23
Revenue
$0.00
Net Income
$7.78M
Gross Profit
$0.00
Free Cash Flow
$0.00
Dividend Yield
1.85%
Employees
91
MGYR Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | $7.78M | $7.71M | $7.92M | $6.12M |
| EPS (Diluted) | $1.23 | $1.20 | $1.17 | $1.01 |
Total Assets
$951.92M
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$25.60M
Operating Cash Flow
$6.32M
Free Cash Flow
$0.00
Magyar Bancorp Inc Company Information
- President, CEO & Director
- John S. Fitzgerald
- Headquarters
- 400 Somerset Street, New Brunswick, NJ, United States, 08901
- Website
- www.magbank.com
- Phone
- 732 342 7600
- IPO / Founded
- 2006-01-24
- Sector
- Financial Services
- Industry
- Banks - Regional