Magyar Bancorp (MGYR) Net Margin (2020 - 2024)
Magyar Bancorp posted quarterly Net Margin of 23.51% for Q2 2024, down 203.0% year-on-year from 22.82% in Q3 2023, and down 6.5% on a QoQ basis from 25.14% in Q1 2024.
Magyar Bancorp (MGYR) has 5 years of Net Margin data on file, last reported at 23.51% in Q2 2024.
- For the quarter ending Q2 2024, Net Margin fell 203.0% year-over-year to 23.51%; the trailing twelve-month figure through Jun 2024 stood at 22.38% (down 359.0% YoY), and the FY2023 full-year result was 23.32%, down 331.0% from the prior year.
- Net Margin for Q2 2024 stood at 23.51%, down from 25.14% in the prior quarter.
- Across five years, Net Margin topped out at 30.16% in Q3 2022 and bottomed at 8.56% in Q2 2020.
- The 5-year median for Net Margin is 23.51% (2024), against an average of 22.07%.
- The widest annual swing landed in 2021, when Net Margin surged 1467 bps; it then tumbled 1013 bps in 2023.
- A 5-year view of Net Margin shows it stood at 18.39% in 2020, then rose by 30 bps to 23.88% in 2021, then climbed by 1 bps to 24.17% in 2022, then slipped by 13 bps to 21.04% in 2023, then grew by 12 bps to 23.51% in 2024.
- The last three Net Margin figures came in at 23.51% (Q2 2024), 25.14% (Q1 2024), and 21.04% (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 251.45% |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 26.97% |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | -0.97% |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 27.35% |
| 10 | Magyar Bancorp | 108.50 Mn | 60.86 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 23.51% |
| Mar 31, 2024 | 25.14% |
| Dec 31, 2023 | 21.04% |
| Sep 30, 2023 | 20.03% |
| Jun 30, 2023 | 25.54% |
| Mar 31, 2023 | 23.70% |
| Dec 31, 2022 | 24.17% |
| Sep 30, 2022 | 30.16% |
| Jun 30, 2022 | 27.71% |
| Mar 31, 2022 | 24.16% |
| Dec 31, 2021 | 23.88% |
| Sep 30, 2021 | 22.27% |
| Jun 30, 2021 | 23.23% |
| Mar 31, 2021 | 20.59% |
| Dec 31, 2020 | 18.39% |
| Sep 30, 2020 | 13.17% |
| Jun 30, 2020 | 8.56% |