What is Magyar Bancorp's increase (decrease) in deposits?

Magyar Bancorp (MGYR) reported increase (decrease) in deposits of $19.36M in Q1 2026.

How has Magyar Bancorp's increase (decrease) in deposits changed year-over-year?

Magyar Bancorp's increase (decrease) in deposits increased by 118.9% year-over-year, from $8.85M to $19.36M.

What does increase (decrease) in deposits mean?

Tracks the net change in customer deposit balances during the period, reflecting the company's ability to attract and retain low-cost funding. It is a primary indicator of retail banking growth and market competitiveness.

Magyar Bancorp MGYR Increase (Decrease) in Deposits

Increase (Decrease) in Deposits at other companies

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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:IncreaseDecreaseInDeposits.

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 increase (decrease) in deposits?: Magyar Bancorp (MGYR) reported increase (decrease) in deposits of $19.36M in Q1 2026.
How has Magyar Bancorp's increase (decrease) in deposits changed year-over-year?: Magyar Bancorp's increase (decrease) in deposits increased by 118.9% year-over-year, from $8.85M to $19.36M.
What does increase (decrease) in deposits mean?: Tracks the net change in customer deposit balances during the period, reflecting the company's ability to attract and retain low-cost funding. It is a primary indicator of retail banking growth and market competitiveness.