Magyar Historical Income Statement

MGYR Stock  USD 14.01  0.04  0.29%   
Historical analysis of Magyar Bancorp income statement accounts such as Total Revenue of 19 M can show how well Magyar Bancorp performed in making a profits. Evaluating Magyar Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Magyar Bancorp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Magyar Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Magyar Bancorp is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magyar Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Magyar Stock, please use our How to Invest in Magyar Bancorp guide.

About Magyar Income Statement Analysis

Magyar Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Magyar Bancorp shareholders. The income statement also shows Magyar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Magyar Bancorp Income Statement Chart

At this time, Magyar Bancorp's Net Income is relatively stable compared to the past year. As of 03/26/2025, Income Tax Expense is likely to grow to about 4 M, while Total Revenue is likely to drop slightly above 19 M.

Total Revenue

Total revenue comprises all receipts Magyar Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Magyar Bancorp minus its cost of goods sold. It is profit before Magyar Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Magyar Bancorp. It is also known as Magyar Bancorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Magyar Bancorp income statement and represents the costs associated with goods and services Magyar Bancorp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Magyar Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Magyar Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magyar Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Magyar Stock, please use our How to Invest in Magyar Bancorp guide.At this time, Magyar Bancorp's Net Income is relatively stable compared to the past year. As of 03/26/2025, Income Tax Expense is likely to grow to about 4 M, while Total Revenue is likely to drop slightly above 19 M.
 2022 2023 2024 2025 (projected)
Interest Expense10.3M20.6M18.5M19.5M
Depreciation And Amortization840K11.0M12.7M13.3M

Magyar Bancorp income statement Correlations

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0.390.190.30.30.31-0.42-0.490.01-0.350.290.190.110.170.220.010.230.280.290.330.47
0.440.520.31.00.59-0.48-0.420.11-0.40.10.350.590.350.37-0.010.40.440.510.640.52
0.440.530.31.00.6-0.48-0.420.12-0.390.10.360.60.350.370.00.410.450.510.650.53
0.890.920.310.590.6-0.58-0.60.34-0.160.720.780.880.780.790.50.780.660.740.810.87
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0.710.720.190.350.360.78-0.08-0.150.71-0.340.640.811.01.00.760.990.930.940.830.71
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0.720.720.220.370.370.79-0.09-0.160.72-0.370.651.00.790.990.740.990.930.930.820.73
0.570.590.01-0.010.00.50.02-0.070.75-0.010.730.760.570.760.740.710.770.750.740.57
0.70.710.230.40.410.78-0.09-0.160.68-0.390.60.990.820.990.990.710.930.940.830.71
0.570.60.280.440.450.660.04-0.020.83-0.370.520.930.690.920.930.770.930.980.890.65
0.620.650.290.510.510.74-0.06-0.120.73-0.380.520.940.780.940.930.750.940.980.920.73
0.760.810.330.640.650.81-0.35-0.390.62-0.310.650.830.840.820.820.740.830.890.920.83
0.860.810.470.520.530.87-0.56-0.610.3-0.260.720.710.790.710.730.570.710.650.730.83
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Magyar Bancorp Account Relationship Matchups

Magyar Bancorp income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization835K839K840K11.0M12.7M13.3M
Interest Expense2.9M2.5M10.3M20.6M18.5M19.5M
Selling General Administrative11.8M11.8M755K13.0M15.0M9.5M
Total Revenue29.0M231K30.4M31.5M36.2M19.0M
Gross Profit29.0M231K30.4M31.5M36.2M19.0M
Other Operating Expenses20.3M2.6M19.7M41.1M47.2M49.6M
Operating Income8.7M13.8M10.7M81K72.9K69.3K
Ebit8.7M11.2M10.7M81K72.9K69.3K
Ebitda9.6M12.0M10.7M11.1M10.0M6.9M
Total Operating Expenses(20.3M)2.6M(19.7M)31.5M28.4M29.8M
Income Before Tax8.7M11.2M10.7M11.1M12.8M13.4M
Total Other Income Expense Net(2.6M)(2.2M)10.6M11.0M12.7M13.3M
Net Income Applicable To Common Shares3.0M2.2M6.1M7.9M9.1M9.6M
Net Income6.1M7.9M7.7M7.8M9.0M9.4M
Income Tax Expense2.6M3.3M3.0M3.3M3.8M4.0M
Net Income From Continuing Ops6.1M7.9M7.7M7.8M9.0M9.4M
Tax Provision2.6M3.3M3.0M3.3M3.8M2.0M
Net Interest Income25.6M27.0M27.7M28.0M32.2M24.3M
Interest Income28.5M29.5M38.1M48.6M55.9M31.3M
Reconciled Depreciation835K839K840K890K1.0M935.8K

Additional Tools for Magyar Stock Analysis

When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.