Magyar Bancorp, Inc. (MGYR)
| Market Cap | 86.06M |
| Revenue (ttm) | 31.50M |
| Net Income (ttm) | 7.78M |
| Shares Out | 6.49M |
| EPS (ttm) | 1.23 |
| PE Ratio | 10.78 |
| Forward PE | n/a |
| Dividend | $0.20 (1.51%) |
| Ex-Dividend Date | Nov 14, 2024 |
| Volume | 16,491 |
| Open | 13.21 |
| Previous Close | 13.25 |
| Day's Range | 13.03 - 13.49 |
| 52-Week Range | 9.66 - 13.49 |
| Beta | 0.28 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 31, 2024 |
About MGYR
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 also provides residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and cons... [Read more]
Financial Performance
In 2024, Magyar Bancorp's revenue was $31.50 million, an increase of 4.87% compared to the previous year's $30.04 million. Earnings were $7.78 million, an increase of 0.96%.
Financial StatementsNews
MAGYAR BANCORP, INC. DECLARES SPECIAL CASH DIVIDEND
NEW BRUNSWICK, N.J. , Nov. 22, 2024 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) announced that its Board of Directors has declared a special cash dividend of $0.04, payable December 20, 2024 t...
MAGYAR BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS, DECLARES QUARTERLY DIVIDEND
NEW BRUNSWICK, N.J. , Oct. 31, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and ...
MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS, DECLARES DIVIDEND, APPOINTS MICHAEL R.
NEW BRUNSWICK, N.J. , July 25, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and nine months...
MAGYAR BANCORP, INC. ANNOUNCES SECOND QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND
NEW BRUNSWICK, N.J. , April 23, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and six months...
MAGYAR BANCORP, INC. ANNOUNCES FIRST QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND
NEW BRUNSWICK, N.J. , Jan. 25, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three months ended De...
MAGYAR BANCORP, INC. DECLARES SPECIAL CASH DIVIDEND
NEW BRUNSWICK, N.J. , Nov. 14, 2023 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) announced that its Board of Directors has declared a special cash dividend of $0.07, payable December 12, 2023 t...
MAGYAR BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS, DECLARES INCREASED QUARTERLY DIVIDEND
NEW BRUNSWICK, N.J. , Oct. 30, 2023 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and ...
MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND
NEW BRUNSWICK, N.J. , July 20, 2023 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and nine months...
MAGYAR BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS
NEW BRUNSWICK, N.J. , Nov. 3, 2022 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and f...
MAGYAR BANCORP, INC. ANNOUNCES QUARTERLY CASH DIVIDEND
NEW BRUNSWICK, N.J. , Oct. 27, 2022 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) announced today that its Board of Directors has declared a quarterly cash dividend of $0.03, payable November 23...
MAGYAR BANCORP, INC. ANNOUNCES STOCK REPURCHASE PROGRAM
NEW BRUNSWICK, N.J. , July 21, 2022 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) announced today that its Board of Directors has authorized a stock repurchase program pursuant to which the Comp...
MAGYAR BANCORP, INC. ANNOUNCES SECOND FISCAL QUARTER FINANCIAL RESULTS
NEW BRUNSWICK, N.J., April 20, 2022 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and six months ...
MAGYAR BANCORP, INC. ANNOUNCES FIRST QUARTER FINANCIAL RESULTS
NEW BRUNSWICK, N.J., Jan. 25, 2022 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three months ended Dec...
Magyar Bancorp, Inc. Announces Special Cash Dividend
NEW BRUNSWICK, N.J., Nov. 16, 2021 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, today announced that its board of directors declared a special ca...
Magyar Bancorp, Inc. Announces Fourth Quarter and Year End Financial Results
NEW BRUNSWICK, N.J., Nov. 3, 2021 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and fi...
Magyar Bancorp, Inc. Announces Third Quarter Financial Results
NEW BRUNSWICK, N.J., July 26, 2021 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and nine months ...
Magyar Bancorp, Inc. Announces Completion Of Conversion And Related Stock Offering
NEW BRUNSWICK, N.J., July 14, 2021 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, announced that Magyar Bancorp, MHC (the "MHC"), effective followi...
Magyar Bancorp, Inc. Announces Expected Closing Date Of Conversion And Offering Results
NEW BRUNSWICK, N.J., July 12, 2021 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, announced today that all regulatory approvals have been received ...
Magyar Bancorp, Inc. Announces Results of Special Meetings of Stockholders and Depositors and Preliminary Offering Results
NEW BRUNSWICK, N.J., June 30, 2021 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, announced today that, at separate meetings held on June 30, 2021,...
Magyar Bancorp, Inc. Announces Commencement Of Stock Offering
NEW BRUNSWICK, N.J., May 24, 2021 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, announced today that it is commencing its stock offering in connec...
Magyar Bancorp, Inc. Announces Second Quarter Financial Results
NEW BRUNSWICK, N.J., April 20, 2021 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and six months ...
Magyar Bancorp, Inc. Announces Adoption of Plan of Conversion for Second-Step Stock Offering
NEW BRUNSWICK, N.J., Feb. 26, 2021 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, announced today that its Board of Directors, together with the Bo...
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