Magyar Bancorp, Inc. (MGYR)

Magyar Bancorp Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Interest Income on Loans	47.72	43.11	35.23	27.84	27.55	25.63
Interest Income on Investments	5.47	5.47	2.84	1.66	0.98	1.3
Total Interest Income	53.18	48.57	38.07	29.5	28.53	26.93
Interest Paid on Deposits	21.79	19.73	9.49	2.07	2.29	4.77
Interest Paid on Borrowings	0.87	0.87	0.85	0.41	0.65	0.74
Total Interest Expense	22.66	20.6	10.33	2.48	2.94	5.51
Net Interest Income	30.52	27.97	27.73	27.02	25.59	21.41
Net Interest Income Growth (YoY)	9.16%	0.86%	2.65%	5.60%	19.49%	5.01%
Gain (Loss) on Sale of Assets	0.06	0.06	0.01	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.07
Other Non-Interest Income	2.87	1.65	2.11	1.72	2.66	1.33
Total Non-Interest Income	4.83	3.61	2.68	2.72	3.41	1.72
Non-Interest Income Growth (YoY)	95.79%	34.71%	-1.21%	-20.36%	98.66%	-19.66%
Revenues Before Loan Losses	35.35	31.59	30.42	29.73	29	23.13
Provision for Loan Losses	-0.18	0.09	0.38	0.3	1.63	1.67
Revenue	35.53	31.5	30.04	29.43	27.37	21.46
Revenue Growth (YoY)	18.29%	4.87%	2.06%	7.54%	27.50%	-1.82%
Salaries and Employee Benefits	11.02	11.02	10.35	10.3	10.51	10.16
Occupancy Expenses	0.89	0.89	0.84	0.84	0.84	0.85
Federal Deposit Insurance	0.42	0.42	0.34	0.22	0.42	0.48
Selling, General & Administrative	5.71	5.71	5.62	4.97	4.75	4.41
Other Non-Interest Expense	3.21	2.35	2.15	1.94	1.9	1.95
Total Non-Interest Expense	21.26	20.4	19.29	18.26	18.64	18.35
EBT Excluding Unusual Items	14.27	11.1	10.74	11.17	8.73	3.11
Pretax Income	14.27	11.1	10.74	11.17	8.73	3.11
Income Tax Expense	4.5	3.32	3.03	3.25	2.61	0.92
Net Income	9.78	7.78	7.71	7.92	6.12	2.19
Net Income to Common	9.78	7.78	7.71	7.92	6.12	2.19
Net Income Growth	31.69%	0.96%	-2.65%	29.39%	179.45%	-26.90%
Basic Shares Outstanding	6	6	6	7	6	7
Diluted Shares Outstanding	6	6	6	7	6	7
Shares Change (YoY)	-2.30%	-1.29%	-5.26%	12.33%	-15.02%	-0.06%
EPS (Basic)	1.57	1.23	1.20	1.17	1.01	0.31
EPS (Diluted)	1.57	1.23	1.20	1.17	1.01	0.31
EPS Growth	35.31%	2.28%	2.76%	15.20%	228.86%	-26.86%
Dividend Per Share	0.220	0.190	0.120	0.090	-	-
Dividend Growth	29.41%	58.33%	33.33%	-	-	-
Effective Tax Rate	31.49%	29.88%	28.23%	29.10%	29.86%	29.60%

Updated May 13, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q