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Magyar Bancorp, Inc.(MGYR)Earnings, Financials & Key Ratios
MGYR•NASDAQ•Banking & Credit
$17.75
11.4× P/E·Price updated Jul 7, 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 Price & Volume
Magyar Bancorp, Inc. (MGYR) stock price & volume — 10-year historical chart
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Operational Efficiency Gains Offset Margin Compression Pressures
Investment Thesis • Updated 2026Q2
VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Stable
Primary Risk:Localized CRE concentration risk
Key Thesis Takeaways
- 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.
- While the bank has successfully grown total assets to $1.1 billion, the heavy reliance on a $968.8 million securities portfolio introduces significant interest rate sensitivity.
- Investors should monitor the bank's localized New Jersey commercial real estate exposure and the recent decline in cash liquidity to $17.1 million, which may limit future strategic flexibility.
Verdict Logic
while the bank trades at a P/B of 0.93 and shows a PEG ratio of 0.35, the significant decline in liquidity and persistent margin compression warrant a cautious approach.
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%
TTM24.01%
EPS CAGR
10 Years26.39%
5 Years32.64%
3 Years10.06%
TTM23.61%
Return on Capital
10 Years5.43%
5 Years7.73%
3 Years7.87%
Last Year8.29%
MGYR Recent Earnings
Magyar Bancorp, Inc. (MGYR) EPS & revenue vs analyst estimates — last 4 quarters
Q2 2026Latest
Apr 23, 2026Metric
Actual
Est
EPS
$0.48
—
Rev
$16M
—
Q1 2026
Jan 29, 2026Metric
Actual
Est
EPS
$0.50
—
Rev
$15M
—
Q4 2025
Dec 19, 2025Metric
Actual
Est
EPS
$0.41
—
Rev
$15M
—
Q3 2025
Jul 24, 2025Metric
Actual
Est
EPS
$0.40
—
Rev
$15M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $0.48 | $16M |
| Q1 2026 | Jan 29, 2026 | $0.50 | $15M |
| Q4 2025 | Dec 19, 2025 | $0.41 | $15M |
| Q3 2025 | Jul 24, 2025 | $0.40 | $15M |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
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 |
|---|---|---|---|---|---|---|---|
| $17.75 | $114.71M | 11.38 | 12.08% | 16.71% | 8.51% | 1.65% | |
| $49.63 | $2.58B | 14.90 | 10.36% | 19.66% | 9.83% | — | |
| $9.31 | $585.91M | 22.17 | 5.09% | 10.39% | 4.75% | — | |
| $10.17 | $176.58M | -12.11 | -15.49% | 0.43% | 0.23% | — | |
| $14.84 | $619.78M | 749.49 | -26.69% | 1.79% | 0.68% | — | |
| $12.10 | $522.22M | 18.33 | 10.7% | 8.56% | 4.56% | — |
Compare MGYR vs Peers
Magyar Bancorp, Inc. (MGYR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MGYR SEC Filings & Documents
Magyar Bancorp, Inc. (MGYR) SEC filings — annual & quarterly reports (10-K, 10-Q)
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MGYR Frequently Asked Questions
Magyar Bancorp, Inc. (MGYR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Magyar Bancorp, Inc. growing?
Magyar Bancorp, Inc. (MGYR) grew revenue by 12.1% over the past year. This is steady growth.
Is MGYR profitable?
Yes, Magyar Bancorp, Inc. (MGYR) is profitable, generating $11.2M in net income for fiscal year 2025 (16.7% net margin).
Dividend & Returns
Does MGYR pay dividends?
Yes, Magyar Bancorp, Inc. (MGYR) pays a dividend with a yield of 1.65%. This makes it attractive for income-focused investors.
What is MGYR's return on equity?
Magyar Bancorp, Inc. (MGYR) has a return on equity (ROE) of 8.5%. This is below average, suggesting room for improvement.
Industry Metrics
What is Magyar Bancorp, Inc.'s net interest margin?
Magyar Bancorp, Inc. (MGYR) has a net interest margin (NIM) of 3.2%. This indicates healthy earnings from lending activities.
What is Magyar Bancorp, Inc.'s efficiency ratio?
Magyar Bancorp, Inc. (MGYR) has an efficiency ratio of 36.6%. This is excellent, indicating strong cost control.