What is Magyar Bancorp's real estate write down?

Magyar Bancorp (MGYR) reported real estate write down of $57K in Q3 2025.

What does real estate write down mean?

The amount by which the carrying value of real estate assets is reduced to reflect a decline in fair market value below the recorded cost. Frequent or large write-downs indicate potential overvaluation of assets or a declining real estate market impacting the company's collateral. This metric is a key indicator of asset quality and the accuracy of the company's valuation practices.

Magyar Bancorp MGYR Real Estate Write Down

Real Estate Write Down at other companies

BancFirst CorporationBANF

$2.05M+105%

Columbia Financial, Inc.CLBK

$0+100%

MetroCity BanksharesMCBS

$30K—

HBT

HBT Financial, Inc.HBT

$0-100%

SouthStateSSB

$3.9M+2,786%

Beazer Homes USA, Inc.BZH

$1.3M+145%

Other financials

Income statement

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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:RealEstateWriteDown.

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

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Questions, answered.

What is Magyar Bancorp's real estate write down?: Magyar Bancorp (MGYR) reported real estate write down of $57K in Q3 2025.
What does real estate write down mean?: The amount by which the carrying value of real estate assets is reduced to reflect a decline in fair market value below the recorded cost. Frequent or large write-downs indicate potential overvaluation of assets or a declining real estate market impacting the company's collateral. This metric is a key indicator of asset quality and the accuracy of the company's valuation practices.