Magyar Bancorp, Inc.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.2M | $7.5M | $7.9M | $7.5M | $7.6M | $7.5M | $7.6M | $6.9M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $2.2M | $7.4M | $6.7M | $5.6M | $4.8M | $4.2M | $3.5M | $2.9M |
| Operating Margin | 30.5% | 98.3% | 84.9% | 74.5% | 63.5% | 56.1% | 46.0% | 41.7% |
| Interest Expense | — | $5.0M | $4.3M | $2.9M | $2.2M | $1.6M | $512.0K | $526.0K |
| Pretax Income | $2.2M | $2.4M | $2.4M | $2.7M | $2.6M | $2.6M | $3.0M | $2.4M |
| Income Tax Expense | $501.0K | $526.0K | $700.0K | $788.0K | $790.0K | $780.0K | $886.0K | $690.0K |
| Net Income | $1.7M | $1.9M | $1.7M | $1.9M | $1.8M | $1.8M | $2.1M | $1.7M |
| Net Margin | 23.5% | 25.1% | 21.0% | 25.5% | 23.7% | 24.2% | 27.7% | 24.2% |
| EPS (Basic) | $0.27 | $0.30 | $0.26 | $0.30 | $0.28 | $0.28 | $0.31 | $0.25 |
| EPS (Diluted) | $0.27 | $0.30 | $0.26 | $0.30 | $0.28 | $0.28 | $0.31 | $0.25 |
| Shares Outstanding (Basic) | 6.3M | 6.4M | 6.4M | 6.4M | 6.4M | 6.5M | 6.8M | 6.8M |
| Shares Outstanding (Diluted) | 6.3M | 6.4M | 6.4M | 6.4M | 6.4M | 6.5M | 6.8M | 6.8M |
| Dividends Per Share | $0.05 | $0.05 | $0.11 | $0.03 | $0.03 | $0.11 | $0.03 | $0.03 |