Magyar Bancorp, Inc.

NasdaqGM MGYR

Magyar Bancorp, Inc. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending September 30, 2024: USD -89.95 M

Magyar Bancorp, Inc. Net Cash Used For Investing Activities is USD -89.95 M for the Trailing 12 Months (TTM) ending September 30, 2024, a -36.18% change year over year. Net cash used for investing activities is total cash inflows and outflows related to activities intended to generate future income and cash flows from investments.

Magyar Bancorp, Inc. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending September 30, 2023 was USD -66.05 M, a 5.29% change year over year.
Magyar Bancorp, Inc. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending September 30, 2022 was USD -69.74 M, a -750.84% change year over year.
Magyar Bancorp, Inc. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending September 30, 2021 was USD -8.20 M, a 89.75% change year over year.
Magyar Bancorp, Inc. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending September 30, 2020 was USD -79.96 M, a -19,642.47% change year over year.

Key data

Date	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities	Dividends Paid	Capital Expenditure

NasdaqGM: MGYR

Magyar Bancorp, Inc.

CEO	Mr. John S. Fitzgerald
IPO Date	Jan. 24, 2006
Location	United States
Headquarters	400 Somerset Street
Employees	89
Sector	Finance
Industries Banking & Lending Investment Banking & Asset Management

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 seven 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.

Key trends

Past 5 years