Magyar Bancorp (NASDAQ:MGYR) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$7.53m (up 2.0% from 2Q 2023).

• Net income: US$1.90m (up 5.6% from 2Q 2023).

• Profit margin: 25% (in line with 2Q 2023).

• EPS: US$0.30 (up from US$0.28 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Magyar Bancorp shares are up 2.4% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Magyar Bancorp.

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