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- NasdaqGM:MGYR
Magyar Bancorp First Quarter 2025 Earnings: EPS: US$0.34 (vs US$0.26 in 1Q 2024)
Magyar Bancorp (NASDAQ:MGYR) First Quarter 2025 Results
Key Financial Results
- Revenue: US$8.30m (up 13% from 1Q 2024).
- Net income: US$2.09m (up 26% from 1Q 2024).
- Profit margin: 25% (up from 22% in 1Q 2024). The increase in margin was driven by higher revenue.
- EPS: US$0.34 (up from US$0.26 in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Magyar Bancorp's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that Magyar Bancorp is showing 2 warning signs in our investment analysis that you should know about...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGM:MGYR
Magyar Bancorp
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.
Flawless balance sheet with proven track record.
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