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Magyar Bancorp Revenue Chart
$12.78 $0.42 (3.4%) MGYR stock closing price Feb 23, 2018 (Closing)
The latest 2018-Q1 Magyar Bancorp revenue is 6.54M. Compare Magyar Bancorp revenue chart with WELLESLEY BANK revenue, FFBW INC revenue.
MGYR Revenue Chart
You can do annual as well as quarterly comparisons of Magyar Bancorp, Inc. net sales with its competitor companies like WELLESLEY BANK, FFBW INC. Over the 5 year period Magyar Bancorp revenue in 2017 was highest at 23.97M. In the latest quarter, MGYR revenue 2018-Q1 has changed from 6.34M to 6.54M implying an increase of 3.15%.
Magyar Bancorp Quarterly Revenue
* Past 5 years Range
|Max MGYR Revenue||$6.54M||Dec, 2017|
|Min MGYR Revenue||$5.18M||Mar, 2014|
Magyar Bancorp Annual Revenue
* Past 5 years Range
|Max MGYR Revenue||$23.97M||Sep, 2017|
|Min MGYR Revenue||$20.96M||Sep, 2014|
Magyar Bancorp Annual Revenue VS Peers
|Magyar Bancorp Revenue||$23.97M||$22.59M||$21.42M||$20.96M||$21.52M|
|WELLESLEY BANK Revenue||$30.35M||$26.51M||$23.31M||----||----|
|FFBW INC Revenue||----||$9.73M||$9.72M||----||----|
|Provident Financial Revenue||$379.54M||$357.7M||$347M||$320.52M||$296.93M|
|Colonial Financial Revenue||----||----||----||$17.86M||$20.88M|
|New York Community Bancorp Revenue||----||$1.82B||$1.9B||$1.88B||$1.93B|
Magyar Bancorp Stock Articles
Revenue or net sales is the total amount of money that a company brings in through its various business activities. Revenue is also known as the top line or net sales or gross income. Revenue is for a specific period of time and appears as the "top line" in an income statement. By subtracting the costs or expenses from Magyar Bancorp topline we arrive at the bottom line for the company. Increasing revenues over a period of time is generally a sign of a healthy company, however other factors need to be taken into consideration. Revenue can be calculated in two ways based on the type of accounting followed: accrual accounting or cashflow accounting. It helps to compare Magyar Bancorp revenue with peers FREEDOM BANK VA topline, 1ST Enterprises Bank topline, Cape Bancorp topline; to see how the company is doing with respect to its peers.