Magyar Bancorp, Inc. (MGYR)

Last Closing Price: 12.87 (2023-02-01)

Company Description

Magyar Bancorp, Inc. is the parent company of Magyar Bank in New Brunswick, New Jersey. Magyar Bank offers a complete line of retail and business banking products with offices in New Brunswick, North Brunswick and South Brunswick, New Jersey. It offers low-to-moderate income mortgages that provide home ownership opportunities to many families & help stabilize urban neighborhoods. It invests in communities by offering business loans resulting in employment opportunites. They are committed to provide service that consistently exceeds the needs of customers and clients. They believe that quality personlized service will result in long-term customer & business relationships.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $32.22M
Net Income (Most Recent Fiscal Year) $7.92M
PE Ratio (Current Year Earnings Estimate) --
PE Ratio (Trailing 12 Months) 10.73
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 2.64
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 0.93
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 10.21
Pre-Tax Margin (Trailing 12 Months) 34.67%
Net Margin (Trailing 12 Months) 23.88%
Return on Equity (Trailing 12 Months) 8.07%
Return on Assets (Trailing 12 Months) 1.01%
Current Ratio (Most Recent Fiscal Quarter) 0.96
Quick Ratio (Most Recent Fiscal Quarter) 0.96
Debt to Common Equity (Most Recent Fiscal Quarter) 0.16
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $13.88
Earnings per Share (Most Recent Fiscal Quarter) --
Earnings per Share (Most Recent Fiscal Year) --
Diluted Earnings per Share (Trailing 12 Months) $1.20
Exchange NASDAQ
Sector Financial Services
Industry Banks - Regional
Common Shares Outstanding 6.90M
Free Float 6.29M
Market Capitalization $88.79M
Average Volume (Last 20 Days) 2568.70
Beta (Past 60 Months) 0.16
Percentage Held By Insiders (Latest Annual Proxy Report) 8.90%
Percentage Held By Institutions (Latest 13F Reports) 25.07%
Annual Dividend (Based on Last Quarter) $0.12
Dividend Yield (Based on Last Quarter) 0.93%