Magyar Bancorp, Inc. (MGYR)

Market Cap	74.86M
Revenue (ttm)	30.24M
Net Income (ttm)	7.55M
Shares Out	6.65M
EPS (ttm)	1.18
PE Ratio	9.53
Forward PE	n/a
Dividend	$0.20 (1.78%)
Ex-Dividend Date	May 6, 2024

Volume	53
Open	10.90
Previous Close	10.80
Day's Range	10.90 - 10.90
52-Week Range	9.00 - 12.00
Beta	0.31
Analysts	n/a
Price Target	n/a
Earnings Date	Apr 23, 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...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Jan 24, 2006
• Employees: 89
• Stock Exchange: NASDAQ
• Ticker Symbol: MGYR

Financial Performance

In 2023, Magyar Bancorp's revenue was $30.04 million, an increase of 2.06% compared to the previous year's $29.43 million. Earnings were $7.71 million, a decrease of -2.65%.