Magyar Bancorp, Inc. (MGYR) Releases Quarterly Earnings Results
Magyar Bancorp, Inc. (NASDAQ:MGYR) posted its earnings results on Monday. The bank reported $0.05 EPS for the quarter, Bloomberg Earnings reports. Magyar Bancorp had a return on equity of 2.61% and a net margin of 5.36%. The business had revenue of $4.97 million during the quarter.
Magyar Bancorp (NASDAQ:MGYR) opened at 13.30 on Tuesday. The company has a market cap of $77.41 million, a P/E ratio of 61.86 and a beta of -0.07. The firm has a 50-day moving average price of $13.01 and a 200 day moving average price of $12.92. Magyar Bancorp has a 12 month low of $9.65 and a 12 month high of $14.95.
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Magyar Bancorp Company Profile
Magyar Bancorp, Inc is a holding company of Magyar Bank (the Bank). The Bank’s principal business consists of attracting retail deposits from the public in the areas surrounding its main office in New Brunswick, New Jersey and its branch offices located in Middlesex and Somerset Counties, New Jersey.
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