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Magyar Bancorp, Inc. (MGYR)

NASDAQ: MGYR · Delayed Price · USD
10.96 0.05 (0.46%)
Sep 22, 2021 4:00 PM EDT - Market closed
Market Cap77.37M
Revenue (ttm)26.06M
Net Income (ttm)5.33M
Shares Out7.10M
EPS (ttm)0.75
PE Ratio14.59
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume6,368
Open10.90
Previous Close10.91
Day's Range10.93 - 11.00
52-Week Range10.15 - 11.18
Beta0.34
Analystsn/a
Price Target13.00 (+18.6%)
Est. Earnings Daten/a

About MGYR

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various banking services in the United States. It accepts various deposit accounts, including demand, NOW, money market, savings, retirement, and certificates of deposit accounts. The company also offers residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, small business administration loans, construction loans, and consumer loans. In addition, it provides non-deposit investment produ...

IndustryThrifts & Mortgage Finance
IPO DateJan 24, 2006
Employees98
Stock ExchangeNASDAQ
Ticker SymbolMGYR
Full Company Profile

Financial Performance

In 2020, Magyar Bancorp's revenue was $21.46 million, a decrease of -1.82% compared to the previous year's $21.86 million. Earnings were $2.19 million, a decrease of -26.90%.

Financial Statements

News

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...

1 month ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

Magyar Bancorp, Inc. Announces First Quarter Financial Results

NEW BRUNSWICK, N.J., Jan. 25, 2021 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three months ended Decem...

7 months ago - PRNewsWire

6 Banks Trading With Low Price-Sales Ratios

According to the GuruFocus All-In-One Screener, a Premium feature, the following banks were trading with low price-sales ratios as of Dec. 8.

Other symbols:BOTJGLBZHFBLPBHCWVFC
9 months ago - GuruFocus