Magyar Bancorp, Inc. (MGYR)

NASDAQ: MGYR · IEX Real-Time Price · USD
11.76
+0.05 (0.40%)
Jun 24, 2022 3:54 PM EDT - Market closed
0.40%
Market Cap 83.45M
Revenue (ttm) 27.75M
Net Income (ttm) 6.65M
Shares Out 7.10M
EPS (ttm) 1.13
PE Ratio 10.41
Forward PE n/a
Dividend $0.18 (1.53%)
Ex-Dividend Date May 4, 2022
Volume 2,062
Open 11.74
Previous Close 11.71
Day's Range 11.74 - 11.76
52-Week Range 10.15 - 12.53
Beta 0.23
Analysts n/a
Price Target n/a
Earnings Date Jul 25, 2022

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...]

Industry Thrifts & Mortgage Finance
IPO Date Jan 24, 2006
Employees 94
Stock Exchange NASDAQ
Ticker Symbol MGYR
Full Company Profile

Financial Performance

In 2021, Magyar Bancorp's revenue was $27.37 million, an increase of 27.50% compared to the previous year's $21.46 million. Earnings were $6.12 million, an increase of 179.45%.

Financial Statements

News

MAGYAR BANCORP, INC. ANNOUNCES QUARTERLY CASH DIVIDEND

NEW BRUNSWICK, N.J. , April 21, 2022 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) announced today that its Board of Directors has declared a quarterly cash dividend of $0.03, payable May 19, 2022...

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 en...

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 Decem...

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 cash...

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 fisc...

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 en...

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 following...

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 to...

Magyar Bancorp, Inc. Announces Results of Special Meetings of Stockholders and Depositors and Preliminary Offering Re...

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, b...

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 connecti...

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 en...

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 Boar...

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