What is Magyar Bancorp's net increase in escrowed funds?

Magyar Bancorp (MGYR) reported net increase in escrowed funds of $278K in Q1 2026.

How has Magyar Bancorp's net increase in escrowed funds changed year-over-year?

Magyar Bancorp's net increase in escrowed funds increased by 158.6% year-over-year, from -$474K to $278K.

What does net increase in escrowed funds mean?

Reflects the net change in cash held in escrow accounts on behalf of customers, typically for property taxes or insurance payments related to mortgage loans. An increase indicates higher customer activity or growth in the underlying loan portfolio.

Magyar Bancorp MGYR Net Increase In Escrowed Funds

Net Increase In Escrowed Funds at other companies

Legacy Housing CorporationLEGH

$389K-49.2%

Century CommunitiesCCS

-$36.95M-274%

First Seacoast BancorpFSEA

$1.19M-9.9%

BrightSpire CapitalBRSP

$15.63M+57.1%

BGSFBGSF

-$3.5M—

Opendoor Technologies IncOPEN

$6M-57.1%

Other financials

Income statement

See full

Revenue$7.2M-4.2%

Net income$3.0M+13.0%

EPS (diluted)$0.48+11.6%

Balance sheet

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Cash & equivalents$47.6M-34.7%

Total debt$50.9M+50.1%

Total equity$124.2M+8.6%

Total assets$1.1B+4.6%

Cash flow

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Operating cash flow$3.2M+35.8%

CapEx$329.0K+223%

Free cash flow$2.9M+27.4%

Valuation

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Market cap$112.77M+5.2%

Enterprise value$116.04M-14.8%

P/E10.1×-0.9×

P/S3.7×+0.1×

Profitability

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Net margin24.4%-1.6pp

FCF margin27.6%-2.9pp

Returns & leverage

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Return on equity9.4%+1.3pp

Debt / equity0.4×+0.1×

Where this comes from

Reported directly by Magyar Bancorp in its filing.

Tagged under the XBRL concept mgyr:NetIncreaseInEscrowedFunds.

The official record: Magyar Bancorp’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Magyar Bancorp's net increase in escrowed funds?: Magyar Bancorp (MGYR) reported net increase in escrowed funds of $278K in Q1 2026.
How has Magyar Bancorp's net increase in escrowed funds changed year-over-year?: Magyar Bancorp's net increase in escrowed funds increased by 158.6% year-over-year, from -$474K to $278K.
What does net increase in escrowed funds mean?: Reflects the net change in cash held in escrow accounts on behalf of customers, typically for property taxes or insurance payments related to mortgage loans. An increase indicates higher customer activity or growth in the underlying loan portfolio.