MGYR
Magyar Bancorp Inc
Halal Rating :
See Details
Last Price
$12.89
Last updated:
Market Cap
$78.07m
7D Change
3.49%
1 Year Change
33.52%
Company Overview
Industries
Exchange
Nasdaq
Next Earnings Date
Magyar Bancorp, Inc. provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts. The company also provides residential mortgage loans, multi-family and commercial real estate mortgage loans.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| June 30, 2024 | $7.18m | $5.54m | $6.78m | $5.54m | 94.47% | 100.00% |
| March 31, 2024 | $7.54m | $5.0m | $6.92m | $5.0m | 91.76% | 100.00% |
| Dec. 31, 2023 | $7.85m | $4.31m | $7.24m | $4.31m | 92.25% | 100.00% |
Company Impact
Help us evaluate Magyar Bancorp Inc's impact from a halal perspective. Vote on the most significant aspect and submit any considerations that we may have missed.