What does proceeds from life insurance policies mean?

Captures the cash inflows received from life insurance policies, such as death benefits or policy surrenders. These proceeds represent a recovery of invested capital and can provide a significant boost to non-interest income.

Magyar Bancorp MGYR Proceeds From Life Insurance Policies

Proceeds From Life Insurance Policies at other companies

Valley National BankVLY

$3.21M-0.4%

Chemung FinancialCHMG

——

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

See full

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

See full

Operating cash flow$3.2M+35.8%

CapEx$329.0K+223%

Free cash flow$2.9M+27.4%

Valuation

See full

Market cap$112.77M+5.2%

Enterprise value$116.04M-14.8%

P/E10.1×-0.9×

P/S3.7×+0.1×

Profitability

See full

Net margin24.4%-1.6pp

FCF margin27.6%-2.9pp

Returns & leverage

See full

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 us-gaap:ProceedsFromLifeInsurancePolicies.

The official record: Magyar Bancorp’s 10-K, filed December 19, 2025, on SEC EDGAR. View the filing →

Ask your AI about Magyar Bancorp's proceeds from life insurance policies.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Magyar Bancorp's proceeds from life insurance policies?: Magyar Bancorp (MGYR) reported proceeds from life insurance policies of $1.73M in Q3 2025.
What does proceeds from life insurance policies mean?: Captures the cash inflows received from life insurance policies, such as death benefits or policy surrenders. These proceeds represent a recovery of invested capital and can provide a significant boost to non-interest income.