Magyar Bancorp Past Earnings Performance
Past criteria checks 2/6
Magyar Bancorp has been growing earnings at an average annual rate of 24.5%, while the Banks industry saw earnings growing at 8.5% annually. Revenues have been growing at an average rate of 8.5% per year. Magyar Bancorp's return on equity is 6.8%, and it has net margins of 24.7%.
Key information
24.5%
Earnings growth rate
26.0%
EPS growth rate
Banks Industry Growth | 11.2% |
Revenue growth rate | 8.5% |
Return on equity | 6.8% |
Net Margin | 24.7% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Magyar Bancorp, Inc.'s (NASDAQ:MGYR) CEO For Now
Feb 16Magyar Bancorp (NASDAQ:MGYR) Is Due To Pay A Dividend Of $0.05
Jan 29Magyar Bancorp (NASDAQ:MGYR) Has Announced A Dividend Of $0.03
Jul 25Magyar Bancorp (NASDAQ:MGYR) Has Announced A Dividend Of $0.03
Apr 25Magyar Bancorp (NASDAQ:MGYR) Will Pay A Dividend Of $0.03
Feb 01Magyar Bancorp declares $0.03 dividend
Jul 26Magyar Bancorp, Inc.'s (NASDAQ:MGYR) CEO Compensation Is Looking A Bit Stretched At The Moment
Feb 10Revenue & Expenses Breakdown
How Magyar Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Jun 24 | 30 | 7 | 17 | 0 |
31 Mar 24 | 30 | 8 | 17 | 0 |
31 Dec 23 | 30 | 8 | 17 | 0 |
30 Sep 23 | 30 | 8 | 17 | 0 |
30 Jun 23 | 30 | 8 | 17 | 0 |
31 Mar 23 | 30 | 8 | 16 | 0 |
31 Dec 22 | 30 | 8 | 16 | 0 |
30 Sep 22 | 29 | 8 | 16 | 0 |
30 Jun 22 | 28 | 7 | 16 | 0 |
31 Mar 22 | 28 | 7 | 16 | 0 |
31 Dec 21 | 28 | 6 | 16 | 0 |
30 Sep 21 | 27 | 6 | 16 | 0 |
30 Jun 21 | 26 | 5 | 16 | 0 |
31 Mar 21 | 25 | 4 | 16 | 0 |
31 Dec 20 | 23 | 3 | 16 | 0 |
30 Sep 20 | 21 | 2 | 16 | 0 |
30 Jun 20 | 21 | 2 | 16 | 0 |
31 Mar 20 | 21 | 2 | 15 | 0 |
31 Dec 19 | 22 | 3 | 15 | 0 |
30 Sep 19 | 22 | 3 | 15 | 0 |
30 Jun 19 | 22 | 3 | 15 | 0 |
31 Mar 19 | 22 | 3 | 15 | 0 |
31 Dec 18 | 21 | 2 | 15 | 0 |
30 Sep 18 | 21 | 2 | 14 | 0 |
30 Jun 18 | 20 | 2 | 14 | 0 |
31 Mar 18 | 20 | 2 | 14 | 0 |
31 Dec 17 | 19 | 1 | 14 | 0 |
30 Sep 17 | 19 | 1 | 14 | 0 |
30 Jun 17 | 18 | 1 | 13 | 0 |
31 Mar 17 | 18 | 1 | 13 | 0 |
31 Dec 16 | 18 | 1 | 13 | 0 |
30 Sep 16 | 18 | 1 | 13 | 0 |
30 Jun 16 | 18 | 1 | 13 | 0 |
31 Mar 16 | 17 | 1 | 13 | 0 |
31 Dec 15 | 17 | 1 | 13 | 0 |
30 Sep 15 | 17 | 1 | 13 | 0 |
30 Jun 15 | 17 | 1 | 13 | 0 |
31 Mar 15 | 17 | 1 | 13 | 0 |
31 Dec 14 | 16 | 1 | 12 | 0 |
30 Sep 14 | 16 | 1 | 12 | 0 |
30 Jun 14 | 16 | 1 | 12 | 0 |
31 Mar 14 | 16 | 1 | 12 | 0 |
31 Dec 13 | 15 | 0 | 12 | 0 |
Quality Earnings: MGYR has high quality earnings.
Growing Profit Margin: MGYR's current net profit margins (24.7%) are lower than last year (26.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MGYR's earnings have grown significantly by 24.5% per year over the past 5 years.
Accelerating Growth: MGYR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MGYR had negative earnings growth (-6.7%) over the past year, making it difficult to compare to the Banks industry average (-15.6%).
Return on Equity
High ROE: MGYR's Return on Equity (6.8%) is considered low.