Magyar Bancorp Inc (MGYR) Files 10-K for the Fiscal Year Ended on September 30, 2018

Magyar Bancorp Inc (MGYR, Financial) files its latest 10-K with SEC for the fiscal year ended on September 30, 2018. Magyar Bancorp Inc through its subsidiaries is engaged in attracting retail deposits from the general public and investing those deposits together with funds generated from operations in loans and investment securities. Magyar Bancorp Inc has a market cap of $70.290 million; its shares were traded at around $12.08 with a P/E ratio of 34.50 and P/S ratio of 3.27.

For the last quarter Magyar Bancorp Inc reported a revenue of $5.63 million, compared with the revenue of $5.32 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $21.8 million, an increase of 8% from last year. For the last five years Magyar Bancorp Inc had an average revenue growth rate of 4.9% a year.

The reported diluted earnings per share was 35 cents for the year, an increase of 45.8% from previous year. Over the last five years Magyar Bancorp Inc had an EPS growth rate of 43.3% a year. The profitability rank of the company is 3 (out of 10).

At the current stock price of $12.08, Magyar Bancorp Inc is traded at 22.6% premium to its historical median P/S valuation band of $9.85. The P/S ratio of the stock is 3.27, while the historical median P/S ratio is 2.67. The stock lost 5.88% during the past 12 months.

CEO Recent Trades:

  • President and CEO John S Fitzgerald bought 1,000 shares of MGYR stock on 12/03/2018 at the average price of $12.75. The price of the stock has decreased by 5.25% since.

For the complete 20-year historical financial data of MGYR, click here.