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Magyar Bancorp (MGYR)

(Delayed Data from NSDQ)

$11.39 USD

11.39
971

+0.14 (1.24%)

Updated Apr 26, 2024 12:34 PM ET

After-Market: $11.15 -0.24 (-2.11%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 35% (163 out of 252)

Industry: Banks - Northeast

Better trading starts here.

Balance Sheet

Fiscal Year End for Magyar Bancorp, Inc falls in the month of September.

All items in Millions except Per Share data.

9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019
Assets          
Cash & Equivalents 73 31 75 62 21
Receivables 693 623 589 607 520
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 766 654 664 669 542
Net Property & Equipment 13 14 14 15 16
Investments & Advances 98 102 72 47 48
Other Non-Current Assets 0 0 1 3 8
Deferred Charges 0 0 0 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 29 28 23 21 16
Total Assets 907 799 774 754 630
Liabilities & Shareholders Equity 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019
Notes Payable 0 0 0 0 0
Accounts Payable 769 681 650 627 537
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 769 681 650 627 537
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 30 16 23 67 36
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 3 3 3 2 2
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 803 700 676 697 576
Shareholders Equity 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 63 64 64 26 26
Retained Earnings 52 46 39 33 31
Other Equity -5 -5 -4 -1 -2
Treasury Stock 5 6 1 1 1
Total Shareholder's Equity 105 99 98 57 55
Total Liabilities & Shareholder's Equity 907 799 774 754 630
Total Common Equity 105 99 98 57 55
Shares Outstanding 6.60 7.10 7.10 5.80 5.80
Book Value Per Share 15.88 13.87 13.75 9.80 9.42

Fiscal Year End for Magyar Bancorp, Inc falls in the month of September.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 51 73 22 25
Receivables NA 725 693 697 671
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 0 0 0 0
Total Current Assets NA 777 766 720 697
Net Property & Equipment NA 13 13 13 14
Investments & Advances NA 99 98 96 101
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 0 0 0 0
Deposits & Other Assets NA 28 29 28 28
Total Assets NA 917 907 857 840
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 29 0 0 0
Accounts Payable NA 777 769 705 711
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 1 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 806 769 705 712
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 30 46 26
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 3 4 2
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 810 803 755 739
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 63 63 63 64
Retained Earnings NA 53 52 50 48
Other Equity NA -4 -5 -5 -5
Treasury Stock NA 6 5 5 7
Total Shareholder's Equity NA 107 105 103 101
Total Liabilities & Shareholder's Equity NA 917 907 857 840
Total Common Equity 0 107 105 103 101
Shares Outstanding 6.60 6.60 6.60 6.60 6.70
Book Value Per Share 0.00 16.14 15.88 15.57 15.10