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Magyar Bancorp (Magyar Bancorp) Marketable Securities : $12.27 Mil (As of Dec. 2023)


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What is Magyar Bancorp Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Magyar Bancorp's Marketable Securities for the quarter that ended in Dec. 2023 was $12.27 Mil.

Magyar Bancorp's annual Marketable Securities declined from Sep. 2021 ($12.93 Mil) to Sep. 2022 ($9.23 Mil) but then increased from Sep. 2022 ($9.23 Mil) to Sep. 2023 ($10.13 Mil).


Magyar Bancorp Marketable Securities Historical Data

The historical data trend for Magyar Bancorp's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Magyar Bancorp Marketable Securities Chart

Magyar Bancorp Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.70 14.56 12.93 9.23 10.13

Magyar Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.16 8.73 10.13 12.27 -

Magyar Bancorp Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Magyar Bancorp  (NAS:MGYR) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".


Magyar Bancorp Marketable Securities Related Terms

Thank you for viewing the detailed overview of Magyar Bancorp's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


Magyar Bancorp (Magyar Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
400 Somerset Street, New Brunswick, NJ, USA, 08901
Magyar Bancorp Inc is a mid-tier stock holding company. The Company offers a full array of commercial and retail financial services, including the taking of time, savings and demand deposits; the making of commercial, consumer and home equity loans; and the provision of other financial services. The business consists of getting retail deposits from the general public in the areas surrounding the main office in New Brunswick, New Jersey and branch offices located in Middlesex and Somerset Counties, New Jersey, and investing those deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, Small Business Administration loans.
Executives
Michael F Lombardi director 1862 OAK TREE RD., C/O LOMBARDI & LOMBARDI, EDISNO NJ 08818
Maureen Ruane director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08901
Susan Eisenhauer director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08901
Peter Mcintyre Brown officer: SVP and CLO 400 SOMERSET STREET, NEW BRUNSWICK NJ 08901
Joseph A Yelencsics director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Jon Ansari officer: Senior Vice President, C.F.O. 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
John S Fitzgerald officer: EVP and Chief Lending Officer 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Lukacs Joseph J Jr director, other: Chairman of the Board 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Stokes Edward C Iii director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Brian Stanley officer: SVP and Chief Lending Officer 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Elizabeth E Hance director, officer: President and CEO 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Salvatore J Romano director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Thomas Lankey director, other: Vice Chairman of the Board 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Andrew G Hodulik director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903
Martin A Lukacs director 400 SOMERSET STREET, NEW BRUNSWICK NJ 08903