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 ROE is 7.18%. This represents a change of 300.72% compared to the average of 1.79% of the last 4 quarters.
The mean historical ROE of Magyar Bancorp, Inc. over the last ten years is 4.91%. The current 7.18% ROE has changed 46.23% with respect to the historical average. Over the past ten years (40 quarters), MGYR's ROE was at its highest in in the June 2021 quarter at 2.72%. The ROE was at its lowest in in the March 2015 quarter at 0.32%.
Average
4.91%
Median
4.72%
Minimum
1.92%
Maximum
8.04%
Discovering the peaks and valleys of Magyar Bancorp, Inc. ROE, 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 = 62.71%
Maximum Annual ROE = 8.04%
Minimum Annual Increase = -29.73%
Minimum Annual ROE = 1.92%
Year | ROE | Change |
---|---|---|
2024 | 7.04% | -4.30% |
2023 | 7.36% | -8.49% |
2022 | 8.04% | 28.26% |
2021 | 6.27% | 62.71% |
2020 | 3.85% | -29.73% |
2019 | 5.48% | 38.70% |
2018 | 3.95% | 37.37% |
2017 | 2.88% | 25.86% |
2016 | 2.29% | 18.94% |
2015 | 1.92% | 53.80% |
The current ROE of Magyar Bancorp, Inc. (MGYR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
7.48%
5-year avg
6.51%
10-year avg
4.91%
Magyar Bancorp, Inc.’s ROE is less than HV Bancorp, Inc. (5.26%), less than HMN Financial, Inc. (4.89%), less than Oconee Federal Financial Corp. (8.62%), less than Cullman Bancorp, Inc. (3.60%), less than Home Federal Bancorp, Inc. of Louisiana (6.25%), less than Community West Bancshares (0.44%), less than First Financial Northwest, Inc. (0.66%), greater than First Northwest Bancorp (-3.50%), less than First Capital, Inc. (10.83%),
Company | ROE | Market cap |
---|---|---|
5.26% | $77.41M | |
4.89% | $124.97M | |
8.62% | $72.86M | |
3.60% | $64.62M | |
6.25% | $40.63M | |
0.44% | $368.49M | |
0.66% | $195.77M | |
-3.50% | $94.17M | |
10.83% | $105.68M |
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How does the current ROE for Magyar Bancorp, Inc. (MGYR) compare to its historical average?