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.
Type | Public | |
Founded | 1922 | |
HQ | New Brunswick, NJ, US | Map |
Website | magbank.com |
USD | |
---|---|
Revenue (FY, 2020) | 1.7m |
Net income (FY, 2020) | 2.2m |
Market capitalization (5-Feb-2021) | 60.5m |
Closing stock price (5-Feb-2021) | 10.6 |
Cash (30-Sept-2020) | 61.7m |
USD | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 5.6m | 5.3m | 5.2m | 5.2m | 5.0m | 4.9m | 5.0m | 5.0m | 4.8m | 4.9m | 4.8m | 4.8m | 621.0k | 442.0k | 573.0k | 465.0k | 440.0k | 447.0k | 648.0k | 369.0k | 521.0k | 426.0k | 565.0k | 422.0k | 404.0k | 374.0k | 374.0k | |
Cost of goods sold | 779.0k | |||||||||||||||||||||||||||
Sales and marketing expense | 43.0k | 44.0k | 38.0k | 38.0k | ||||||||||||||||||||||||
R&D expense | 140.0k | 154.0k | 144.0k | 143.0k | 144.0k | 141.0k | 146.0k | 148.0k | 121.0k | 123.0k | 118.0k | 132.0k | 124.0k | 129.0k | 137.0k | 143.0k | 143.0k | 153.0k | 154.0k | 165.0k | 154.0k | 147.0k | 153.0k |
USD | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 7.7m | 9.9m | 11.6m | 26.8m | 11.8m | 12.3m | 13.8m | 8.7m | 13.5m | 8.3m | 7.9m | 22.0m | 9.5m | 37.4m | 20.9m | 15.9m | 14.6m | 10.5m | 12.7m | 14.8m | 17.4m | 13.5m | 33.3m | 48.2m | 7.9m | 19.2m | 29.1m | 62.0m |
Accounts Receivable | 394.7m | 386.4m | 380.9m | 377.6m | 391.7m | 387.4m | 391.9m | 405.1m | 405.2m | 410.6m | 407.8m | 408.7m | 416.5m | 421.1m | 439.5m | 461.7m | 460.8m | 465.1m | 478.2m | 483.7m | 498.8m | 510.2m | 515.4m | 526.3m | 525.4m | 541.9m | 604.6m | |
PP&E | 20.0m | 20.3m | 20.2m | 21.7m | 21.4m | 21.2m | 21.1m | 20.7m | 20.4m | 18.8m | 18.4m | 18.2m | 18.0m | 17.7m | 17.6m | 18.3m | 17.9m | 17.8m | 17.7m | 17.5m | 17.3m | 17.2m | 16.8m | 16.6m | 16.4m | 16.0m | 15.8m | 14.9m |
Total Assets | 526.5m | 526.3m | 520.3m | 527.8m | 514.6m | 520.3m | 532.5m | 536.6m | 536.6m | 533.0m | 524.5m | 540.4m | 540.8m | 571.5m | 562.3m | 568.2m | 587.7m | 582.7m | 587.6m | 596.8m | 607.9m | 616.1m | 643.6m | 665.0m | 632.6m | 640.9m | 658.2m | 758.4m |
USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | (249.0k) | 509.0k | 262.0k | 574.0k | 897.0k | 1.1m | 1.4m | 2.0m | 3.0m | 2.2m |
Depreciation and Amortization | 974.0k | 935.0k | 927.0k | 919.0k | 845.0k | 778.0k | 816.0k | 861.0k | 871.0k | 854.0k |
Accounts Payable | (119.0k) | 1.3m | 1.7m | (1.7m) | (311.0k) | 1.3m | (1.2m) | 230.0k | 1.7m | (2.0m) |
Cash From Operating Activities | 16.0m | 12.8m | 10.9m | 5.6m | 12.5m | 14.1m | 3.6m | 4.6m | 5.8m | 814.0k |
USD | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (211.0k) | 31.0k | 40.0k | 214.0k | 282.0k | (61.0k) | 133.0k | 133.0k | 193.0k | 382.0k | 182.0k | 329.0k | 574.0k | 309.0k | 487.0k | 740.0k | 347.0k | 648.0k | 935.0k | 329.0k | 725.0k | 1.3m | 685.0k | 1.5m | 2.2m | 553.0k | 858.0k | 1.4m |
Depreciation and Amortization | 725.0k | 247.0k | 490.0k | 709.0k | 228.0k | 460.0k | 693.0k | 234.0k | 464.0k | 697.0k | 224.0k | 446.0k | 665.0k | 187.0k | 379.0k | 576.0k | 201.0k | 403.0k | 606.0k | 209.0k | 424.0k | 612.0k | 250.0k | 468.0k | 686.0k | 217.0k | 434.0k | 456.0k |
Accounts Payable | 387.0k | 272.0k | 765.0k | 1.1m | (981.0k) | (123.0k) | 185.0k | (2.2m) | (2.2m) | (2.3m) | (780.0k) | (757.0k) | 147.0k | (256.0k) | 80.0k | 1.0m | (2.2m) | (1.7m) | (1.2m) | 908.0k | 481.0k | 1.8m | (472.0k) | (120.0k) | 618.0k | (1.7m) | (2.8m) | (1.8m) |
Cash From Operating Activities | 10.7m | 3.5m | 6.6m | 7.3m | 2.7m | 5.4m | 7.3m | (992.0k) | 1.4m | 2.9m | 3.4m | 4.8m | 7.5m | 2.8m | 4.2m | 9.4m | 453.0k | 1.7m | 4.6m | 2.1m | 2.2m | 4.9m | 819.0k | 1.6m | 3.2m | (757.0k) | (1.4m) | (480.0k) |
USD | Q3, 2011 |
---|---|
Financial Leverage | 11.9 x |
Magyar Bank has 87 Twitter Followers. The number of followers has decreased 0.1% quarter over quarter
471
Tweets
14
Following
87
Followers
5
Tweets last 30 days
0.8
Avg. likes per Tweet
80%
Tweets with engagement
When was Magyar Bank founded?
Magyar Bank was founded in 1922.
Who are Magyar Bank key executives?
Magyar Bank's key executives are John Fitzgerald, Jon Ansari and Jay Castillo.
How many employees does Magyar Bank have?
Magyar Bank has 101 employees.
What is Magyar Bank revenue?
Latest Magyar Bank annual revenue is $1.7 m.
What is Magyar Bank revenue per employee?
Latest Magyar Bank revenue per employee is $17 k.
Who are Magyar Bank competitors?
Competitors of Magyar Bank include Community West Bancshares, Farmers & Merchants Bancorp and First Bank.
Where is Magyar Bank headquarters?
Magyar Bank headquarters is located at 400 Somerset St, New Brunswick.
Where are Magyar Bank offices?
Magyar Bank has offices in New Brunswick, Branchburg, Bridgewater, Edison and in 2 other locations.
How many offices does Magyar Bank have?
Magyar Bank has 7 offices.
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