Magyar Bancorp (MGYR) EBIT Margin (2020 - 2024)
Magyar Bancorp (MGYR) reported EBIT Margin of 107.54% for Q2 2024, up 3307.0% on a YoY basis from 3.16% in Q3 2023, and up 9.35% quarter-over-quarter from 98.34% in Q1 2024.
Magyar Bancorp (MGYR) EBIT Margin (2020 - 2024) Analysis & Trends
Magyar Bancorp has reported EBIT Margin for 5 years, with the latest figure at 107.54% in Q2 2024.
- For the quarter ending Q2 2024, EBIT Margin rose 3307.0% year-over-year to 107.54%; the trailing twelve-month figure through Jun 2024 stood at 92.96% (up 5488.0% YoY), and the FY2023 full-year result was 7.42%, down 45.0% from the prior year.
- EBIT Margin for Q2 2024 stood at 107.54%, up from 98.34% in the prior quarter.
- The five-year high for EBIT Margin was 107.54% in Q2 2024, with the low at 3.13% in Q2 2020.
- Historically, EBIT Margin has averaged 34.24% across 5 years, with a median of 7.26% in 2022.
- Annual changes were most pronounced in 2022 — EBIT Margin rose 25 bps — and 2023, when it surged 7761 bps.
- Magyar Bancorp's EBIT Margin stood at 5.5% in 2020, then climbed by 27 bps to 7.01% in 2021, then grew by 4 bps to 7.26% in 2022, then jumped by 1068 bps to 84.87% in 2023, then grew by 27 bps to 107.54% in 2024.
- The last three EBIT Margin figures came in at 107.54% (Q2 2024), 98.34% (Q1 2024), and 84.87% (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | 39.06% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 515.04% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 61.45% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | 46.65% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 7,561,492.12% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | -157.25% |
| 10 | Magyar Bancorp | 107.00 Mn | 59.36 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 107.54% |
| Mar 31, 2024 | 98.34% |
| Dec 31, 2023 | 84.87% |
| Sep 30, 2023 | 82.51% |
| Jun 30, 2023 | 74.46% |
| Mar 31, 2023 | 63.53% |
| Dec 31, 2022 | 7.26% |
| Sep 30, 2022 | 8.86% |
| Jun 30, 2022 | 8.26% |
| Mar 31, 2022 | 7.15% |
| Dec 31, 2021 | 7.01% |
| Sep 30, 2021 | 6.72% |
| Jun 30, 2021 | 6.85% |
| Mar 31, 2021 | 6.19% |
| Dec 31, 2020 | 5.50% |
| Sep 30, 2020 | 3.94% |
| Jun 30, 2020 | 3.13% |