NEW BRUNSWICK, N.J., Oct. 28, 2026 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and fiscal year ended September 30, 2026.

Magyar Bancorp demonstrates a disciplined operational trajectory, evidenced by an efficiency ratio improvement from 41.0% in 2024Q1 to 35.2% in 2026Q2, which helps mitigate the impact of persistent net interest margin compression.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
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Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $0.52 vs — | $16M vs — |
Q3 2026 Jul 23, 2026 | $0.49 vs — | $16M vs — |
Q2 2026 Apr 23, 2026 | $0.48 vs — | $16M vs — |
Q1 2026 Jan 29, 2026 | $0.50 vs — | $15M vs — |
NEW BRUNSWICK, N.J., Oct. 28, 2026 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and fiscal year ended September 30, 2026.

Magyar Bancorp, Inc. (NASDAQ: MGYR - Get Free Report) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $18.34 and traded as high as $19.22. Magyar Bancorp shares last traded at $19.22, with a volume of 293 shares traded. Key Stories Impacting Magyar
Magyar Bancorp, Inc. (NASDAQ: MGYR - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $18.16 and traded as high as $19.37. Magyar Bancorp shares last traded at $19.37, with a volume of 847 shares changing hands. Analyst Ratings
Magyar Bancorp (NASDAQ: MGYR - Get Free Report) and BayFirst Financial (NASDAQ: BAFN - Get Free Report) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their risk, dividends, profitability, valuation, institutional ownership, analyst recommendations and earnings. Analyst Recommendations This is a breakdown of
Benchmark MGYR against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Magyar Bancorp, Inc. (MGYR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $21.90 | $141.53M | 11.07 | 14.01% | 30.92% | 10.12% | — | |
| $52.83 | $2.75B | 12.68 | 14.54% | 28.98% | 11.31% | 2.7% | |
| $9.01 | $567.03M | 15.56 | 15.66% | 20.46% | 4.84% | 4.89% | |
| $9.17 | $159.22M | -1.14 | -8.89% | -203.87% | -53.7% | 6.74% | |
| $18.13 | $1.09B | 37.82 | -1.7% | 9.76% | 2.31% | 4.63% | |
| $42.21 | $1.86B | 12.75 | 44.2% | 28.05% | 9.5% | 2.36% |
Magyar Bancorp, Inc. (MGYR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Magyar Bancorp, Inc. (MGYR) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 23, 2026·SEC
Apr 23, 2026·SEC
Feb 12, 2026·SEC
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Magyar Bancorp, Inc. (MGYR) stock FAQ — growth, dividends, profitability & financials explained
Magyar Bancorp, Inc. (MGYR) grew revenue by 14.1% over the trailing twelve months, compared with the twelve months before.
Yes. Magyar Bancorp, Inc. (MGYR) earned $12.6M in net income over the trailing twelve months (a 30.9% net margin).
Magyar Bancorp, Inc. (MGYR) had a return on equity (ROE) of 10.1% over the trailing twelve months. That is in line with the market's typical 10-15%.
Magyar Bancorp, Inc. (MGYR) has an efficiency ratio of 54.2%. This is excellent, indicating strong cost control.