Magyar Bancorp earnings were $8.2M for the trailing 12 months ending Dec 31, 2024, with 11.9% growth year over year. The latest MGYR earnings report on Dec 31, 2024 announced Q4 2024 earnings of $2.1M, down 18% from last quarter. For the last reported fiscal year 2024 ending Sep 30, 2024, MGYR reported annual earnings of $7.8M, with 1% growth.
MGYR past earnings growth
How has MGYR's earnings growth performed historically?
On MGYR's earnings call on Invalid Date, Magyar Bancorp (NASDAQ: MGYR) reported Q4 2024 earnings per share (EPS) of $0.34, up 30.77% year over year. Total MGYR earnings for the quarter were $2.09 million. In the same quarter last year, Magyar Bancorp's earnings per share (EPS) was $0.26.
As of the last Magyar Bancorp earnings report, Magyar Bancorp is currently profitable. Magyar Bancorp's net profit (also called net income) for the twelve months ending Dec 31, 2024 was $8.22 million, a 8.81% increase year over year.
What was MGYR's earnings growth in the past year?
As of Magyar Bancorp's earnings date in Invalid Date, Magyar Bancorp's earnings has grown 11.86% year over year. This is 5.18 percentage points higher than the US Banks - Regional industry earnings growth rate of 6.68%. MGYR earnings in the past year totalled $8.22 million.
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