MGYR
Price:
$14.65
Market Cap:
$94.90M
Magyar Bancorp, Inc. 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. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company also provides residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans. In addition, it offers non-deposit investment products and financial planning services...[Read more]
Industry
Banks - Regional
IPO Date
2006-01-24
Stock Exchange
NASDAQ
Ticker
MGYR
According to Magyar Bancorp, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 23.20. This represents a change of 296.74% compared to the average of 5.85 of the last 4 quarters.
The mean historical Current Ratio of Magyar Bancorp, Inc. over the last ten years is 3.98. The current 23.20 Current Ratio has changed 58.17% with respect to the historical average. Over the past ten years (40 quarters), MGYR's Current Ratio was at its highest in in the June 2023 quarter at 60.21. The Current Ratio was at its lowest in in the June 2024 quarter at 0.
Average
3.98
Median
2.54
Minimum
0
Maximum
9.22
Discovering the peaks and valleys of Magyar Bancorp, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 167.00%
Maximum Annual Current Ratio = 9.22
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
Year | Current Ratio | Change |
---|---|---|
2024 | 0 | -100.00% |
2023 | 0.11 | -86.85% |
2022 | 0.86 | -90.63% |
2021 | 9.22 | 3.29% |
2020 | 8.93 | 55.40% |
2019 | 5.75 | -33.08% |
2018 | 8.59 | 167.00% |
2017 | 3.22 | 154.83% |
2016 | 1.26 | -32.50% |
2015 | 1.87 | -45.08% |
The current Current Ratio of Magyar Bancorp, Inc. (MGYR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.33
5-year avg
3.83
10-year avg
3.98
Magyar Bancorp, Inc.’s Current Ratio is greater than HV Bancorp, Inc. (6.02), greater than HMN Financial, Inc. (4.41), greater than Oconee Federal Financial Corp. (0.21), less than Cullman Bancorp, Inc. (76.62), greater than Home Federal Bancorp, Inc. of Louisiana (0), greater than Community West Bancshares (0.33), greater than First Financial Northwest, Inc. (1.75), greater than First Northwest Bancorp (2.40), less than First Capital, Inc. (173.51),
Company | Current Ratio | Market cap |
---|---|---|
6.02 | $77.41M | |
4.41 | $124.97M | |
0.21 | $72.86M | |
76.62 | $64.62M | |
0 | $40.63M | |
0.33 | $368.49M | |
1.75 | $195.77M | |
2.40 | $94.17M | |
173.51 | $105.68M |
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