Magyar Bancorp, Inc.

Magyar Bancorp, Inc. - Current Ratioverified

MGYR

Price:

$18.15

Market Cap:

$117.30M

Magyar Bancorp, Inc. functions as the parent entity for Magyar Bank, a financial institution that delivers a wide array of personal and business banking services. Serving individuals, companies, and non-profit organizations throughout New Jersey, USA, the bank provides diverse deposit accounts, including checking, savings, NOW, money market, and retirement plans, in addition to certificates of deposit. Its comprehensive lending solutions encompass residential mortgages, loans for multi-family and commercial properties, home equity lines and loans, commercial business financing, and construction loans, as well as Small Business Administration (SBA) loans. Beyond conventional banking, Magyar B...[Read more]

Industry

Banks - Regional

IPO Date

2006-01-24

Stock Exchange

NASDAQ

Ticker

MGYR

The Current Ratio as of June 2026 (TTM) for Magyar Bancorp, Inc. (MGYR) is 0.03

According to Magyar Bancorp, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.03. This represents a change of -38.38% compared to the average of 0.04 of the last 4 quarters.

Magyar Bancorp, Inc. (MGYR) Historical Current Ratio (quarterly & annually)

How has MGYR Current Ratio performed in the past?

The mean historical Current Ratio of Magyar Bancorp, Inc. over the last ten years is 0.08. The current 0.03 Current Ratio has changed 3.06% with respect to the historical average. Over the past ten years (40 quarters), MGYR's Current Ratio was at its highest in in the June 2021 quarter at 0.20. The Current Ratio was at its lowest in in the March 2026 quarter at 0.03.

Quarterly (TTM)
Annual

Average

0.08

Median

0.07

Minimum

0.04

Maximum

0.14

Magyar Bancorp, Inc. (MGYR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Magyar Bancorp, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 76.33%

Maximum Annual Current Ratio = 0.14

Minimum Annual Increase = -54.70%

Minimum Annual Current Ratio = 0.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.04-38.88%
20240.06-49.52%
20230.1176.33%
20220.06-54.70%
20210.1410.31%
20200.1370.84%
20190.080.73%
20180.087.78%
20170.0720.00%
20160.065.16%

Magyar Bancorp, Inc. (MGYR) Average Current Ratio

How has MGYR Current Ratio performed in the past?

The current Current Ratio of Magyar Bancorp, Inc. (MGYR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.07

5-year avg

0.08

10-year avg

0.08

Magyar Bancorp, Inc. (MGYR) Current Ratio vs. Peers

How is MGYR’s Current Ratio compared to its peers?

Magyar Bancorp, Inc.’s Current Ratio is greater than Lake Shore Bancorp, Inc. (0.01), less than Sound Financial Bancorp, Inc. (162.88), less than Union Bankshares, Inc. (0.30), less than Rhinebeck Bancorp, Inc. (10.41), less than SB Financial Group, Inc. (0.12), less than Riverview Bancorp, Inc. (6.89), less than Affinity Bancshares, Inc. (4.28), less than First Guaranty Bancshares, Inc. (91.40), less than Provident Financial Holdings, Inc. (0.68), less than SR Bancorp, Inc. Common stock (289.16),

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