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MGYRMagyar Bancorp, Inc.
$18.15$118M
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MGYR logoMagyar Bancorp, Inc.(MGYR)Earnings, Financials & Key Ratios

MGYR•NASDAQ•Banking & Credit
11.6× P/E·Price updated Jun 19, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryCommercial real estate and multifamily lenders
AboutMagyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company also provides residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans. In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities. The company has seven branch offices located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.Show more
  • Net Interest Income$32M+14.0%
  • Total Revenue$58M+12.1%
  • Net Income$10M+25.4%
  • Return on Equity8.51%+17.7%
  • Net Interest Margin3.2%+8.8%
  • Efficiency Ratio36.63%-6.1%
  • ROA1%+19.6%
  • Equity / Assets11.91%+2.6%
  • Book Value per Share19.07+9.4%

MGYR Key Insights

Magyar Bancorp, Inc. (MGYR) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 34.8%
  • ✓Strong Piotroski F-Score: 7/9
  • ✓Efficient operations: 36.6% efficiency ratio
  • ✓Well capitalized: 11.9% equity/assets
  • ✓Trading at only 1.0x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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MGYR Price & Volume

Magyar Bancorp, Inc. (MGYR) stock price & volume — 10-year historical chart

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MGYR Growth Metrics

Magyar Bancorp, Inc. (MGYR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.69%
5 Years15.57%
3 Years21.94%
TTM-

Profit CAGR

10 Years26.96%
5 Years34.83%
3 Years7.22%
TTM31.6%

EPS CAGR

10 Years26.39%
5 Years32.64%
3 Years10.06%
TTM32.06%

Return on Capital

10 Years4.84%
5 Years6.56%
3 Years5.91%
Last Year2.41%

MGYR Recent Earnings

Magyar Bancorp, Inc. (MGYR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
Q2 2026Latest
Apr 23, 2026
Metric
Actual
Est
EPS
$0.48
—
Rev
$16M
—
Q1 2026
Jan 29, 2026
Metric
Actual
Est
EPS
$0.50
—
Rev
$15M
—
Q4 2025
Dec 19, 2025
Metric
Actual
Est
EPS
$0.41
—
Rev
$15M
—
Q3 2025
Jul 24, 2025
Metric
Actual
Est
EPS
$0.40
—
Rev
$15M
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 23, 2026
$0.48
$16M
Q1 2026Jan 29, 2026
$0.50
$15M
Q4 2025Dec 19, 2025
$0.41
$15M
Q3 2025Jul 24, 2025
$0.40
$15M
Based on last 12 quarters of dataView full earnings history →

MGYR Peer Comparison

Magyar Bancorp, Inc. (MGYR) competitors in Commercial real estate and multifamily lenders — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
NBTB logoNBTBNBT Bancorp Inc.Direct Competitor2.44B46.6814.0210.36%18.76%9.51%0.17
KRNY logoKRNYKearny Financial Corp.Direct Competitor532.62M8.4720.175.09%9.41%4.31%1.68
BCBP logoBCBPBCB Bancorp, Inc.Direct Competitor191.99M11.06-13.17-15.49%-7.53%-4%0.99
NFBK logoNFBKNorthfield Bancorp, Inc.Direct Competitor601.82M14.41727.78-26.69%0.3%0.11%1.44
HONE logoHONEHarborOne Bancorp, Inc.Direct Competitor522.22M12.1018.3310.7%8.56%4.56%0.90
OCFC logoOCFCOceanFirst Financial Corp.Product Competitor1.03B18.0315.41-4.7%10.75%4.26%0.98
DCOM logoDCOMDime Community Bancshares, Inc.Product Competitor1.72B39.0016.4613.03%15.15%7.67%0.25
ICE logoICEIntercontinental Exchange, Inc.Supply Chain75.83B133.8823.207.46%26.14%11.57%0.70

Compare MGYR vs Peers

Magyar Bancorp, Inc. (MGYR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NBTB

Most directly comparable listed peer for MGYR.

Scale Benchmark

vs ICE

Larger-name benchmark to compare MGYR against a more recognizable public peer.

Peer Set

Compare Top 5

vs NBTB, KRNY, BCBP, NFBK

MGYR Income Statement

Magyar Bancorp, Inc. (MGYR) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricSep'17Sep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25TTM
Net Interest Income
18.2M19.7M20.39M21.41M25.59M27.02M27.73M27.97M31.9M33.31M
NII Growth %
7.6%8.22%3.51%5.01%19.49%5.6%2.65%0.87%14.02%72.89%
Net Interest Margin %
3.02%3.16%3.24%2.84%3.31%3.38%3.06%2.94%3.2%3.19%
Interest Income
21.98M24.35M27.1M26.93M28.53M29.5M38.07M48.57M54.71M56.36M
Interest Expense
3.77M4.65M6.71M5.51M2.94M2.48M10.33M20.6M22.81M23.05M
Loan Loss Provision
1.34M997K668K1.67M1.63M304K381K90K402K323K
Non-Interest Income
1.73M1.8M1.85M1.41M3.09M2.71M2.67M3.55M3.71M3.55M
Non-Interest Income %
7.3%6.88%6.39%4.97%9.78%8.43%6.56%6.82%6.36%5.93%
Total Revenue
23.71M▲ 0%
26.15M▲ 10.3%
28.95M▲ 10.7%
28.34M▼ 2.1%
31.62M▲ 11.6%
32.22M▲ 1.9%
40.74M▲ 26.5%
52.12M▲ 27.9%
58.42M▲ 12.1%
59.91M▲ 0%
Revenue Growth %
5.95%10.3%10.72%-2.13%11.59%1.89%26.45%27.94%12.08%46.25%
Non-Interest Expense
16.18M17M17.31M18.05M18.32M18.26M19.29M20.34M21.4M21.34M
Efficiency Ratio
68.23%65.02%59.8%63.68%57.95%56.68%47.34%39.02%36.63%35.62%
Operating Income
2.42M▲ 0%
3.5M▲ 44.8%
4.26M▲ 21.7%
3.11M▼ 27.0%
8.72M▲ 180.5%
11.17M▲ 28.0%
10.74M▼ 3.8%
11.1M▲ 3.3%
13.81M▲ 24.4%
15.2M▲ 0%
Operating Margin %
10.19%13.39%14.72%10.98%27.59%34.67%26.36%21.3%23.64%25.37%
Operating Income Growth %
37.72%44.85%21.71%-26.99%180.46%28.01%-3.83%3.34%24.41%-
Pretax Income
2.42M▲ 0%
3.5M▲ 44.8%
4.26M▲ 21.7%
3.11M▼ 27.0%
8.72M▲ 180.5%
11.17M▲ 28.0%
10.74M▼ 3.8%
11.1M▲ 3.3%
13.81M▲ 24.4%
15.2M▲ 0%
Pretax Margin %
10.19%13.39%14.72%10.98%27.59%34.67%26.36%21.3%23.64%25.37%
Income Tax
994K1.47M1.26M921K2.6M3.25M3.03M3.32M4.05M4.38M
Effective Tax Rate %
41.13%42.02%29.69%29.6%29.86%29.1%28.23%29.88%29.32%28.85%
Net Income
1.42M▲ 0%
2.03M▲ 42.7%
3M▲ 47.6%
2.19M▼ 26.9%
6.12M▲ 179.5%
7.92M▲ 29.4%
7.71M▼ 2.7%
7.78M▲ 1.0%
9.76M▲ 25.4%
10.81M▲ 0%
Net Margin %
6%7.76%10.35%7.73%19.36%24.58%18.92%14.93%16.71%18.05%
Net Income Growth %
30.43%42.66%47.59%-26.9%179.45%29.4%-2.65%0.96%25.4%31.6%
Net Income (Continuing)
1.42M2.03M3M2.19M6.12M7.92M7.71M7.78M9.76M10.81M
EPS (Diluted)
0.24▲ 0%
0.35▲ 45.8%
0.51▲ 45.7%
0.38▼ 25.5%
1.01▲ 165.8%
1.17▲ 15.8%
1.20▲ 2.6%
1.23▲ 2.5%
1.56▲ 26.8%
1.73▲ 0%
EPS Growth %
26.32%45.83%45.71%-25.49%165.79%15.84%2.56%2.5%26.83%32.06%
EPS (Basic)
0.240.350.510.381.011.171.201.231.57-
Diluted Shares Outstanding
5.93M5.8M5.87M5.76M6.04M6.78M6.42M6.34M6.23M6.23M

MGYR Balance Sheet

Magyar Bancorp, Inc. (MGYR) balance sheet — assets, liabilities & shareholders' equity

MetricSep'17Sep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25TTM
Cash & Short Term Investments
34.15M37.84M38.17M76.29M88.13M40.16M82.66M41.21M22.98M170.19M
Cash & Due from Banks
22.33M15.37M21.47M61.73M75.2M30.94M72.53M25.6M7.09M2.06M
Short Term Investments
11.81M22.47M16.7M14.56M12.93M9.23M10.13M15.62M15.89M26.95M
Total Investments
533.88M564.54M564.4M648.11M655.89M720.72M785.03M868.05M937.45M960.83M
Investments Growth %
4.03%5.74%-0.03%14.83%1.2%9.88%8.92%10.57%8%32.75%
Long-Term Investments
522.06M542.08M547.7M633.55M642.96M711.49M774.9M852.43M921.56M3.64B
Accounts Receivables
1.93M2.18M2.13M4.03M3.53M3.48M4.34M5.06M5.8M5.59M
Goodwill & Intangibles
00004K028K159K432K0
Goodwill
0000000000
Intangible Assets
00004K028K159K432K0
PP&E (Net)
17.57M16.99M16.17M14.75M14.33M13.88M13.34M12.54M12.18M11.97M
Other Assets
27.34M24.89M26.15M25.38M25.03M29.53M32.03M40.52M-921.99M-939.18M
Total Current Assets
36.08M40.02M40.3M80.32M91.66M43.64M86.99M46.27M28.41M34.61M
Total Non-Current Assets
566.97M583.95M590.02M673.68M682.33M754.9M820.3M905.65M12.18M11.97M
Total Assets
603.04M▲ 0%
623.97M▲ 3.5%
630.33M▲ 1.0%
754M▲ 19.6%
773.99M▲ 2.7%
798.54M▲ 3.2%
907.29M▲ 13.6%
951.92M▲ 4.9%
997.66M▲ 4.8%
1.05B▲ 0%
Asset Growth %
3.19%3.47%1.02%19.62%2.65%3.17%13.62%4.92%4.81%23.1%
Return on Assets (ROA)
0.24%0.33%0.48%0.32%0.8%1.01%0.9%0.84%1%1.07%
Accounts Payable
105K193K191K191K85K85K443K891K969K1.14M
Total Debt
31.91M35.52M36.19M67.41M23.36M20.37M33.9M28.57M49.05M49.05M
Net Debt
9.57M20.16M14.72M5.68M-51.84M-10.57M-38.63M2.97M41.97M46.99M
Long-Term Debt
31.91M35.52M36.19M67.41M23.36M15.63M29.52M25.07M47.42M49.05M
Short-Term Debt
000004.74M4.38M3.5M2.12M0
Other Liabilities
6.38M6.75M9.22M11.22M13.09M11.86M12.71M15.24M831.39M874.7M
Total Current Liabilities
515.31M530.33M530.27M618.52M639.9M672.56M760.28M801.07M2.12M860.22M
Total Non-Current Liabilities
38.28M42.28M45.41M78.63M36.45M27.48M42.22M40.3M878.82M923.75M
Total Liabilities
553.59M572.61M575.68M697.15M676.35M700.04M802.5M841.37M878.82M923.75M
Total Equity
49.46M▲ 0%
51.36M▲ 3.9%
54.65M▲ 6.4%
56.85M▲ 4.0%
97.64M▲ 71.8%
98.5M▲ 0.9%
104.79M▲ 6.4%
110.55M▲ 5.5%
118.84M▲ 7.5%
121.75M▲ 0%
Equity Growth %
3.63%3.85%6.4%4.02%71.75%0.88%6.38%5.49%7.5%29.38%
Equity / Assets (Capital Ratio)
8.2%8.23%8.67%7.54%12.62%12.34%11.55%11.61%11.91%11.64%
Return on Equity (ROE)
2.93%4.03%5.65%3.93%7.92%8.07%7.58%7.23%8.51%9.18%
Book Value per Share
8.348.869.309.8616.1714.5216.3117.4319.0719.54
Tangible BV per Share
8.348.869.309.8616.1714.5216.3117.4119.0019.54
Common Stock
59K59K59K59K71K71K71K71K71K71K
Additional Paid-in Capital
26.29M26.31M26.32M26.29M63.71M63.73M62.8M63.09M63.42M63.6M
Retained Earnings
25.76M27.98M30.97M33.16M39.28M45.77M52.17M58.64M66.58M69.22M
Accumulated OCI
-1M-1.47M-1.33M-1.36M-947K-2.11M-1.79M-916K-523K-425K
Treasury Stock
-1.15M-1.15M-1.15M-1.24M-1.24M-5.79M-5.36M-7.36M-7.84M-7.87M
Preferred Stock
0000000000

MGYR Cash Flow Statement

Magyar Bancorp, Inc. (MGYR) cash flow — operating, investing & free cash flow history

MetricSep'17Sep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25TTM
Cash from Operations
3.6M4.62M5.79M814K9.26M11.2M8.48M6.32M10.39M11.16M
Operating CF Growth %
-57.7%28.35%25.25%-85.94%1037.47%20.97%-24.26%-25.53%64.43%623.37%
Net Income
1.42M2.03M3M2.19M6.12M7.92M7.71M7.78M9.76M10.81M
Depreciation & Amortization
816K861K871K854K835K839K840K890K937K893K
Deferred Taxes
997K710K-292K-880K-178K152K-615K33K-348K-297K
Other Non-Cash Items
1.53M965K507K1.73M1.59M55K139K-1.65M-518K-188K
Working Capital Changes
-1.32M-101K1.56M-3.2M782K2.05M-375K-1.54M-250K-720K
Cash from Investing
-21.76M-30.49M-405K-79.96M-8.2M-69.74M-66.05M-90.29M-64.25M-61.66M
Purchase of Investments
-13.41M-4.93M-4.73M-19.78M-49.47M-41.14M-6.55M-12.48M-11.31M-12.77M
Sale/Maturity of Investments
8M11.39M15.49M20.98M23.43M8.91M11.28M13.78M18.71M17.34M
Net Investment Activity
-5.42M6.45M10.76M1.2M-26.04M-32.22M4.73M1.3M7.4M4.57M
Acquisitions
0000000000
Other Investing
-16.04M-36.66M-11.11M-81.01M18.27M-37.13M-70.47M-90.78M-71.08M-66.03M
Cash from Financing
18.68M18.9M717K119.4M12.41M14.28M99.17M37.04M35.35M26.09M
Dividends Paid
00000-1.43M-1.31M-1.68M-1.82M-1.76M
Share Repurchases
000-90K0-4.55M-1.22M-2.37M-844K-441K
Stock Issued
000037.43M0000-24K
Net Stock Activity
000-90K37.43M-4.55M-1.22M-2.37M-844K-465K
Debt Issuance (Net)
-1000K1000K665K1000K-1000K-1000K1000K-947K1000K3M
Other Financing
22.82M15.28M52K88.27M19.04M27.99M87.81M42.04M17.53M9.68M
Net Change in Cash
528K▲ 0%
-6.97M▼ 1419.3%
6.1M▲ 187.6%
40.26M▲ 559.8%
13.47M▼ 66.5%
-44.27M▼ 428.5%
41.6M▲ 194.0%
-46.94M▼ 212.8%
-18.51M▲ 60.6%
-24.42M▲ 0%
Exchange Rate Effect
0000000000
Cash at Beginning
21.81M22.33M15.37M21.47M61.73M75.2M30.94M72.53M25.6M7.09M
Cash at End
22.33M15.37M21.47M61.73M75.2M30.94M72.53M25.6M7.09M34.11M
Interest Paid
3.78M4.56M6.71M5.51M3.05M2.48M9.98M20.15M22.73M17.17M
Income Taxes Paid
36K1.07M1.06M2.27M2.75M3.14M3.25M2.87M5.63M0
Free Cash Flow
3.3M▲ 0%
4.34M▲ 31.4%
5.74M▲ 32.2%
667K▼ 88.4%
8.84M▲ 1225.2%
10.81M▲ 22.3%
8.18M▼ 24.4%
5.51M▼ 32.6%
9.81M▲ 78.3%
10.96M▲ 0%
FCF Growth %
-60.36%31.37%32.23%-88.37%1225.19%22.34%-24.4%-32.65%78.26%121.67%

MGYR Banking Ratios

Magyar Bancorp, Inc. (MGYR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)
2.93%4.03%5.65%3.93%7.92%8.07%7.58%7.23%8.51%9.18%
Return on Assets (ROA)
0.24%0.33%0.48%0.32%0.8%1.01%0.9%0.84%1%1.07%
Net Interest Margin
3.02%3.16%3.24%2.84%3.31%3.38%3.06%2.94%3.2%3.19%
Efficiency Ratio
68.23%65.02%59.8%63.68%57.95%56.68%47.34%39.02%36.63%35.62%
Equity / Assets
8.2%8.23%8.67%7.54%12.62%12.34%11.55%11.61%11.91%11.64%
Book Value / Share
8.348.869.39.8616.1714.5216.3117.4319.0719.54
NII Growth
7.6%8.22%3.51%5.01%19.49%5.6%2.65%0.87%14.02%18.23%
Dividend Payout
-----18.02%17.06%21.57%18.68%16.24%
Related:MGYR Dividend History·MGYR Revenue History·MGYR Price History·MGYR P/E History·MGYR Financial Ratios·MGYR Institutional Holders

MGYR SEC Filings & Documents

Magyar Bancorp, Inc. (MGYR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 23, 2026·SEC

Material company update

Feb 12, 2026·SEC

Material company update

Feb 11, 2026·SEC

10-K Annual Reports

4
FY 2025

Dec 19, 2025·SEC

FY 2024

Dec 19, 2024·SEC

FY 2023

Dec 15, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

Feb 13, 2026·SEC

FY 2025

Aug 13, 2025·SEC

FY 2025

May 13, 2025·SEC

MGYR Frequently Asked Questions

Magyar Bancorp, Inc. (MGYR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Magyar Bancorp, Inc. (MGYR) grew revenue by 12.1% over the past year. This is steady growth.

Yes, Magyar Bancorp, Inc. (MGYR) is profitable, generating $10.8M in net income for fiscal year 2025 (16.7% net margin).

Dividend & Returns

Yes, Magyar Bancorp, Inc. (MGYR) pays a dividend with a yield of 1.61%. This makes it attractive for income-focused investors.

Magyar Bancorp, Inc. (MGYR) has a return on equity (ROE) of 8.5%. This is below average, suggesting room for improvement.

Industry Metrics

Magyar Bancorp, Inc. (MGYR) has a net interest margin (NIM) of 3.2%. This indicates healthy earnings from lending activities.

Magyar Bancorp, Inc. (MGYR) has an efficiency ratio of 36.6%. This is excellent, indicating strong cost control.

What if you invested $1,000 in MGYR back in 2003?

Total return calculator · dividends reinvested · 23+ years of data

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How much would $100/month in MGYR be worth today?

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