Magyar Bancorp, Inc.MGYREarnings & Financial Report
Nasdaq · Financials · Savings Institution, Federally Chartered
Magyar Bank is a bank based in New Brunswick, New Jersey with branches in Central Jersey.
Revenue
$7.2M
Gross Profit
N/A
Operating Profit
$2.2M
Net Profit
$1.7M
Gross Margin
N/A
Operating Margin
30.5%
Net Margin
23.5%
YoY Growth
-4.2%
EPS
$0.27
Magyar Bancorp, Inc. Q3 FY2024 Financial Summary
Magyar Bancorp, Inc. reported revenue of $7.2M (down 4.2% YoY) for Q3 FY2024, with a net profit of $1.7M (down 11.8% YoY) (23.5% margin).
Key Financial Metrics
| Total Revenue | $7.2M |
|---|---|
| Net Profit | $1.7M |
| Gross Margin | N/A |
| Operating Margin | 30.5% |
| Report Period | Q3 FY2024 |
Magyar Bancorp, Inc. Quarterly Revenue & Net Profit History
Magyar Bancorp, Inc. results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $8.9M | +19.0% | $3.1M | 35.4% |
| Q3 FY2024 | $7.2M | -4.2% | $1.7M | 23.5% |
| Q2 FY2024 | $7.5M | -0.4% | $1.9M | 25.1% |
| Q1 FY2024 | $7.9M | +4.9% | $1.7M | 21.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2026 | |
|---|---|---|---|---|
| Revenue | $7.9M | $7.5M | $7.2M | $8.9M |
| YoY Growth | 4.9% | -0.4% | -4.2% | 19.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2026 | |
|---|---|---|---|---|
| Assets | $916.7M | $928.6M | $944.4M | $1.05B |
| Liabilities | $810.2M | $820.9M | $835.3M | $923.8M |
| Equity | $106.5M | $107.6M | $109.0M | $121.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2026 | |
|---|---|---|---|---|
| Operating CF | $3.2M | $553000 | $1.7M | $3.7M |