Magyar Bancorp, Inc. (MGYR)
About Magyar Bancorp, Inc.
Magyar Bancorp Inc is an independent, community financial services provider offering traditional banking services to individual, business, and government customers. The Company attracts retail deposits through its main office in New Brunswick, New Jersey, and branch offices in Middlesex and Somerset Counties, and invests those funds mainly in commercial and residential real estate loans, commercial business loans, SBA loans, home equity loans and lines of credit, construction and land loans, and investment securities. Revenues are derived mainly from interest on loans and securities and from fees and service charges, with lending relationships focused on small to mid-sized businesses and individual consumers in central and northern New Jersey.
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Financial summary
- Net income
- $9.8M
- Total assets
- $997.7M
- Market cap
- $110.2M
- Operating margin
- 25.2%
- Net margin
- 17.8%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $54.7M
- Operating expenses
- $40.9M
- Operating income
- $13.8M
- Income tax
- $4.0M
- Net income
- $9.8M
- EPS (basic)
- $1.57
- EPS (diluted)
- $1.56
Balance sheet
- Total assets
- $997.7M
- Current assets
- $997.7M
- Total liabilities
- $878.8M
- Current liabilities
- $878.8M
- Shareholders’ equity
- $118.8M
Cash flow
- Operating cash flow
- $10.4M
- Investing cash flow
- -$64.2M
- Financing cash flow
- $35.4M
- Net cash flow
- -$18.5M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $110.2M
- P/E ratio
- 11.7
- EPS (diluted)
- $1.56
- Dividend yield
- 2.19%
- Shares outstanding
- 6.0M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jan 24, 2006
Magyar Bancorp, Inc. (MGYR) Stock Price
- Profitable — net income of $9.8M.
- Revenue grew 92% from FY2021 to FY2025.
- Trading near its 52-week high.
- Pays a dividend yielding about 2.19% annually.
- Valued at a price-to-earnings (P/E) ratio of 11.7.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Magyar Bancorp, Inc.
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Magyar Bancorp, Inc.: frequently asked questions
Is Magyar Bancorp, Inc. an American company?
Magyar Bancorp, Inc. is a US-based company headquartered in New Brunswick, New Jersey, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Magyar Bancorp, Inc. headquartered?
Magyar Bancorp, Inc. is headquartered in New Brunswick, New Jersey, United States.
Is Magyar Bancorp, Inc. publicly traded?
Yes — Magyar Bancorp, Inc. is a publicly traded company. Its stock trades under the ticker symbol MGYR on the NASDAQ.
What does Magyar Bancorp, Inc. do?
Magyar Bancorp, Inc. is an American Financial Services company in the Business & Financial Services sector.
