What is Magyar Bancorp's advances on loans receivable?

Magyar Bancorp (MGYR) reported advances on loans receivable of $2.19M in Q1 2026.

How has Magyar Bancorp's advances on loans receivable changed year-over-year?

Magyar Bancorp's advances on loans receivable decreased by 35.7% year-over-year, from $3.4M to $2.19M.

What does advances on loans receivable mean?

Cash outflows associated with the acquisition or origination of loans receivable. This metric tracks the deployment of capital into credit assets to generate future interest income. It serves as a key indicator of the bank's lending volume and market expansion efforts.

Magyar Bancorp MGYR Advances on loans receivable

Advances on loans receivable at other companies

Regional Management CorporationRM

$390.14M-1.0%

Magyar BancorpMGYR

$2.19M-35.7%

ValvolineVVV

$6.05M+77.9%

CareTrustCTRE

$30.55M+378%

WelltowerWELL

$1.38B+6,929%

Apollo Commercial Real Estate FinanceARI

$4.19M-38.8%

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:PaymentsToAcquireLoansReceivable.

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 advances on loans receivable?: Magyar Bancorp (MGYR) reported advances on loans receivable of $2.19M in Q1 2026.
How has Magyar Bancorp's advances on loans receivable changed year-over-year?: Magyar Bancorp's advances on loans receivable decreased by 35.7% year-over-year, from $3.4M to $2.19M.
What does advances on loans receivable mean?: Cash outflows associated with the acquisition or origination of loans receivable. This metric tracks the deployment of capital into credit assets to generate future interest income. It serves as a key indicator of the bank's lending volume and market expansion efforts.