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MGYRMagyar Bancorp, Inc.
$18.00$116M
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HomeStocksMGYRCash Flow

Magyar Bancorp, Inc. (MGYR) Cash Flow Statement

23Y historyFree accessUpdated daily

Capital generation remains consistent with an OCF/NI ratio of 1.15 in 2026Q2, though cash and cash equivalents have dropped from $51.1 million in 2024Q1 to $17.1 million in 2026Q2.

MGYR Cash Flow Statement

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMSep'25Sep'24Sep'23Sep'22Sep'21Sep'20Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09Sep'08Sep'07Sep'06Sep'05Sep'04Sep'03
Cash from Operations12.27M10.39M6.32M8.48M11.2M9.26M814K5.79M4.62M3.6M8.51M12.5M5.56M10.91M12.82M16M7.55M7.91M10.38M1.66M10.03M-2.71M1.09M2.04M
Operating CF Growth %339.63%64.43%-25.53%-24.26%20.97%1037.47%-85.94%25.25%28.35%-57.7%-31.91%124.71%-48.99%-14.95%-19.85%111.86%-4.53%-23.82%525.23%-83.44%469.84%-349.04%-46.62%-
Net Income11.16M9.76M7.78M7.71M7.92M6.12M2.19M3M2.03M1.42M1.09M897K574K262K509K-249K3.94M-6.12M-2.94M716K5K1.56M612K1.53M
Depreciation & Amortization884K937K890K840K839K835K854K871K861K816K778K845K919K927K935K974K1.14M1.12M1.05M1.3M1.17M685K503K511K
Deferred Taxes-355K-348K33K-615K152K-178K-880K-292K710K997K605K403K170K83K101K37K-3.47M00-185K-477K-1.05M253K141K
Other Non-Cash Items303K-518K-1.65M139K55K1.59M1.73M507K965K1.53M4.62M10.35M5.43M6.56M9.97M14.55M9.95M12.44M5M958K2.29M-1.99M-140K-153K
Working Capital Changes-400K-250K-1.54M-375K2.05M782K-3.2M1.56M-101K-1.32M1.29M-113K-1.65M2.99M1.08M286K-4.36M8K7.28M-1.13M7.04M-1.92M-139K14K
Cash from Investing-71.1M-64.25M-90.29M-66.05M-69.74M-8.2M-79.96M-405K-30.49M-21.76M-36.01M-23.71M-6.76M-30.82M-658K-7.7M35.25M-60.05M-53.08M-40.97M-78.8M-69.73M-17.88M-19.78M
Purchase of Investments-18.91M-11.31M-12.48M-6.55M-41.14M-49.47M-19.78M-4.73M-4.93M-13.41M-17.05M-9.7M-8.51M-30.85M-27.37M-44.96M-3.46M-74.04M-39.12M-13.77M-8.04M-2.7M-39.8M-52.55M
Sale/Maturity of Investments13.14M18.71M13.78M11.28M8.91M23.43M20.98M15.49M11.39M8M17.41M12.04M15.61M19.6M39.87M33.83M21.18M61.67M23.53M10.96M20.46M20.47M22.19M58.9M
Net Investment Activity-5.77M7.4M1.3M4.73M-32.22M-26.04M1.2M10.76M6.45M-5.42M364K2.34M7.1M-11.25M12.51M-11.13M17.71M-12.36M-15.59M-2.82M12.42M17.77M-17.61M6.34M
Acquisitions000000000000000000000000
Other Investing-64.9M-71.08M-90.78M-70.47M-37.13M18.27M-81.01M-11.11M-36.66M-16.04M-36.19M-25.96M-13.73M-19.3M-12.85M4.84M18.19M-47.26M-37.13M-36.39M-87.99M-75.83M0-25.98M
Cash from Financing33.53M35.35M37.04M99.17M14.28M12.41M119.4M717K18.9M18.68M31.19M19.06M-6.34M27.66M-17.16M-14.35M-29.63M55.05M42.47M38.52M71.58M70.68M13.22M13.03M
Dividends Paid-2.01M-1.82M-1.68M-1.31M-1.43M0000000000000000000
Share Repurchases-515K-844K-2.37M-1.22M-4.55M0-90K0000000-45K00-62K000000
Stock Issued-24K000037.43M000000000000000000
Net Stock Activity-539K-844K-2.37M-1.22M-4.55M37.43M-90K0000000-45K00-62K000000
Debt Issuance (Net)2M1000K-947K1000K-1000K-1000K1000K665K1000K-1000K1000K1000K-1000K-1000K1000K-1000K-1000K-1000K1000K-1000K1000K1000K1000K1000K
Other Financing20.95M17.53M42.04M87.81M27.99M19.04M88.27M52K15.28M22.82M26.75M12.96M-4.74M37.06M-18.7M-2.99M-20.28M72.92M5.16M43.27M47.48M54.21M-96K-141K
Net Change in Cash-25.3M-18.51M-46.94M41.6M-44.27M13.47M40.26M6.1M-6.97M528K3.7M7.85M-7.53M7.75M-4.99M-6.05M13.16M2.91M-220K-784K2.81M-1.77M-3.57M-4.71M
Exchange Rate Effect000000000000000000000000
Cash at Beginning34.11M25.6M72.53M30.94M75.2M61.73M21.47M15.37M22.33M21.81M18.11M10.26M17.79M10.04M15.03M21.09M7.92M5.01M5.23M6.02M3.21M4.97M8.55M13.26M
Cash at End47.64M7.09M25.6M72.53M30.94M75.2M61.73M21.47M15.37M22.33M21.81M18.11M10.26M17.79M10.04M15.03M21.09M7.92M5.01M5.23M6.02M3.21M4.97M8.55M
Interest Paid22.67M22.73M20.15M9.98M2.48M3.05M5.51M6.71M4.56M3.78M3.52M3.21M3.48M4.41M5.91M7.52M9.57M12.17M000000
Income Taxes Paid05.63M2.87M3.25M3.14M2.75M2.27M1.06M1.07M36K4K14K9K54K8K8K4K52K000000
Free Cash Flow11.84M9.81M5.51M8.18M10.81M8.84M667K5.74M4.34M3.3M8.33M12.42M5.43M10.64M12.51M14.6M6.9M7.48M10.03M-96K6.8M-14.38M818K1.9M
FCF Growth %74.3%78.26%-32.65%-24.4%22.34%1225.19%-88.37%32.23%31.37%-60.36%-32.94%128.9%-49.01%-14.94%-14.28%111.66%-7.84%-25.37%10544.79%-101.41%147.29%-1858.56%-56.9%-

Key Metrics

Growth RegimeAccelerating
ProfitabilityModerate
Balance SheetHealthy
Cash FlowStable
Top Statement Risk

Localized CRE concentration risk

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q2)

Earnings Retention Supports Organic Growth

According to the quarterly cash flow data, Magyar Bancorp consistently generated positive operating cash flow, with the OCF/NI ratio reaching 1.15 in 2026Q2, suggesting that the bank is successfully converting its reported net income into tangible capital to support its localized lending operations in New Jersey.

The bank's ability to maintain an OCF/NI ratio consistently above 1.0 indicates that earnings are not being eroded by non-cash accounting adjustments. This internal capital generation appears sufficient to fund modest loan growth without immediate reliance on external equity dilution, provided the current profitability trajectory remains intact.

Securities Portfolio Reflects Reinvestment Discipline

As reported in financial statements, Magyar Bancorp has maintained a consistent pattern of investment activity, with quarterly purchases reaching $8.1 million in 2026Q2, which suggests management is actively managing the duration and yield of the securities portfolio to offset the pressures of a competitive local deposit market.

The recurring purchase of investment securities alongside periodic sales suggests a strategy of rotating the portfolio to capture higher yields as market conditions evolve. Investors should monitor whether these reinvestment rates are sufficient to protect the net interest margin against the rising cost of funding in the Middlesex corridor.

Conservative Capital Return Strategy Maintained

Based on the provided figures, Magyar Bancorp has balanced shareholder returns with capital preservation, distributing $628,000 in dividends during 2026Q2 while keeping buyback activity minimal, which indicates a management preference for retaining capital to navigate the inherent risks of its concentrated New Jersey commercial real estate loan book.

The modest and relatively stable dividend payout suggests a commitment to returning value to shareholders without compromising the bank's regulatory capital buffers. The limited buyback activity may imply that management views the current stock valuation as less attractive than the potential for deploying capital into higher-yielding organic loan originations.

Provisioning Volatility Complicates Cash Flow

Data from the cash flow statements reveals significant fluctuations in provision expenses, ranging from a net recovery of $351,000 in 2024Q4 to a charge of $481,000 in 2024Q1, which suggests that the bank's cash flow is sensitive to management's evolving credit loss expectations under the CECL accounting framework.

These swings in provisioning appear to mask the underlying cash-generating capacity of the core banking business. Analysts should investigate whether these adjustments reflect actual deterioration in the multi-family and commercial real estate portfolios or if they are merely periodic recalibrations of the bank's forward-looking credit risk models.

MGYR — Frequently Asked Questions

Quick answers to the most common questions about buying MGYR stock.

How much cash does Magyar Bancorp, Inc. (MGYR) generate from operations?

Magyar Bancorp, Inc. (MGYR) generated $10.4M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.

What is Magyar Bancorp, Inc.'s free cash flow?

Magyar Bancorp, Inc. (MGYR) generated $9.8M in free cash flow in 2025. Free cash flow is the cash left over after capital expenditures, which can be used to pay dividends, repurchase shares, or pay down debt.

What is Magyar Bancorp, Inc.'s capital expenditure (CapEx)?

Magyar Bancorp, Inc. (MGYR) spent $0.6M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.

How does Magyar Bancorp, Inc. distribute cash to shareholders?

In 2025, Magyar Bancorp, Inc. (MGYR) returned $1.8M to shareholders via cash dividends and spent $0.8M on share repurchases. This shows the company's commitment to returning capital to its equity investors.