Magyar Bank

The name "Magyar" is the Hungarian word to describe an individual from Hungary. Over the years, the bank has moved beyond serving this original group, but Magyar has remained an active leader in the community and through corporate donations and employees volunteering their time, Magyar Bank supports over 75 organizations annually.

Market capitalization(2018-07-20)

$72.8 M

Type

Public

New Brunswick, US

Founded

1922

Size (employees)

92 (est)

Website

magbank.com

Magyar Bank was founded in 1922 and is headquartered in New Brunswick, US

Report incorrect company information

Magyar Bank Office Locations

Open Map View

Magyar Bank has offices in North Brunswick Township, New Brunswick, South Brunswick Township, Edison and in 2 other locations

New Brunswick, US (HQ)

400 Somerset St

Bridgewater, US

475 N Bridge St

Edison, US

1167 Inman Ave

North Brunswick Township, US

582 Milltown Rd

Somerville, US

1000 US-202

South Brunswick Township, US

3050 NJ-27

Show all (6)

Report incorrect company information

Magyar Bank Financials and Metrics

Magyar Bank Revenue

Summary

USD
Net income (Q2, 2018)	725 k
EBIT (Q2, 2018)	9.1 m
Market capitalization (20-Jul-2018)	72.8 m
Closing share price (20-Jul-2018)	12.5
Cash (31-Mar-2018)	17.4 m

Magyar Bank's current market capitalization is $72.8 m.

Income Statement

Annual

USD	FY, 2016	FY, 2017
Cost of goods sold	3.5 m	3.8 m
EBIT	15.6 m	16.9 m
Pre tax profit	1.8 m	2.4 m
Income tax expense	664 k	994 k

Quarterly

USD	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q2, 2018
Cost of goods sold	925 k	863 k	853 k	821 k	766 k	779 k	892 k	866 k	867 k	921 k	904 k	928 k	2.1 m
EBIT	3.7 m	3.6 m	3.7 m	3.6 m	3.8 m	3.7 m	3.9 m	3.8 m	3.9 m	4.2 m	4.1 m	4.2 m	9.1 m
Pre tax profit	174 k		265 k	256 k	199 k	364 k	502 k	281 k	401 k	587 k	519 k	498 k	1.5 m
Income tax expense	41 k	(10 k)	77 k	74 k	52 k	119 k	193 k	103 k	149 k	240 k	219 k	210 k	746 k

show all

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Cash	17.8 m	10.3 m	18.1 m	21.8 m	22.3 m
Accounts Receivable	1.8 m	1.7 m	1.7 m	1.7 m
Inventories
PP&E	20.9 m	18.6 m	17.8 m	18.1 m	17.6 m

Quarterly

USD	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q2, 2018
Cash	7.9 m	22 m	9.5 m	37.4 m	20.9 m	15.9 m	14.6 m	10.5 m	12.7 m	17.4 m
PP&E	18.4 m	18.2 m	18 m	17.7 m	17.6 m	18.3 m	17.9 m	17.8 m	17.7 m	17.3 m
Total Assets	524.5 m	540.4 m	540.8 m	571.5 m	562.3 m	568.2 m	587.7 m	582.7 m	587.6 m	607.9 m
Accounts Payable	445.8 m	462.9 m	445.1 m	487.2 m	479.5 m	472.1 m	499.8 m	493.8 m	499.8 m	516.8 m

show all

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Net Income	262 k	574 k	897 k	1.1 m	1.4 m
Depreciation and Amortization	927 k	919 k	845 k	778 k	816 k
Inventories
Accounts Payable	(55 k)	(22 k)	(17 k)

Quarterly

USD	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q2, 2018
Net Income	133 k	193 k	382 k	182 k	329 k	574 k	309 k	487 k	740 k	347 k	648 k	935 k	725 k
Depreciation and Amortization	234 k	464 k	697 k	224 k	446 k	665 k	187 k	379 k	576 k	201 k	403 k	606 k	424 k
Accounts Payable		(9 k)			(36 k)			(11 k)			(4 k)
Cash From Operating Activities	(992 k)	1.4 m	2.9 m	3.4 m	4.8 m	7.5 m	2.8 m	4.2 m	9.4 m	453 k	1.7 m	4.6 m	2.2 m