Magyar Bancorp Inc

NASDAQ MGYR

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Magyar Bancorp Inc Net Operating Profit After Tax (NOPAT) 3 year CAGR for the year ending September 30, 2023: 40.30%

Magyar Bancorp Inc Net Operating Profit After Tax (NOPAT) 3 year CAGR is 40.30% for the year ending September 30, 2023, a -4.85% change year over year. Net Operating Profit After Taxes (NOPAT) is a financial metric that represents a company's operating profit after deducting taxes. It is calculated by multiplying the earnings before interest and taxes (EBIT) by (1 - tax rate). NOPAT provides insights into the company's profitability from its core operations while accounting for the impact of taxes. It is useful for assessing the company's operating performance and comparing profitability across different tax environments. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Magyar Bancorp Inc Net Operating Profit After Tax (NOPAT) for the year ending September 30, 2022 was 10,410,482.32, a 55.25% change year over year.
  • Magyar Bancorp Inc Net Operating Profit After Tax (NOPAT) for the year ending September 30, 2021 was 6,705,696.28, a 140.25% change year over year.
  • Magyar Bancorp Inc Net Operating Profit After Tax (NOPAT) for the year ending September 30, 2020 was 2,791,176.47, a -22.65% change year over year.
  • Magyar Bancorp Inc Net Operating Profit After Tax (NOPAT) for the year ending September 30, 2019 was 3,608,418.68, a -30.94% change year over year.
NASDAQ: MGYR

Magyar Bancorp Inc

CEO Mr. John S. Fitzgerald
IPO Date Jan. 24, 2006
Location United States
Headquarters 400 Somerset Street, New Brunswick, NJ, United States, 08901
Employees 89
Sector Financial Services
Industry Banks - regional
Description

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company also provides residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans. In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities. The company has branch offices located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.

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StockViz Staff

September 20, 2024

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