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MGYR

Magyar Bancorp, Inc.

MGYR

Magyar Bancorp, Inc. • NASDAQ
$16.75 ▲ 0.00% (+0.00)
Market Cap $108.05 M
52w High $19.04
52w Low $13.52
Dividend Yield 0.32%
P/E 10.74
Volume 1.03K
Outstanding Shares 6.45M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $0 ▼ $0 ▼ $0 ▼ 0% ▼ $0.41 ▲ $0 ▼
Q3-2025 $14.624M ▼ $5.239M ▼ $2.47M ▼ 16.89% ▼ $0.4 ▼ $3.707M ▼
Q2-2025 $14.792M ▲ $5.398M ▼ $2.681M ▲ 18.125% ▲ $0.43 ▲ $4.013M ▲
Q1-2025 $13.862M ▼ $5.409M ▲ $2.085M ▼ 15.041% ▼ $0.33 ▼ $3.13M ▼
Q4-2024 $14.74M $5.213M $2.543M 17.252% $0.41 $4.361M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $25.009M ▼ $987.488M ▼ $871.165M ▼ $116.323M ▲
Q2-2025 $93.189M ▲ $1.022B ▲ $907.573M ▲ $114.29M ▲
Q1-2025 $81.279M ▲ $1.008B ▲ $896.732M ▲ $111.676M ▲
Q4-2024 $41.212M ▼ $951.918M ▲ $841.37M ▲ $110.548M ▲
Q3-2024 $64.631M $944.354M $835.315M $109.039M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $2.47M ▼ $2.255M ▼ $-31.902M ▼ $-36.245M ▼ $-65.892M ▼ $2.21M ▼
Q2-2025 $2.68M ▲ $2.38M ▼ $616K ▲ $11.415M ▼ $14.411M ▼ $2.278M ▼
Q1-2025 $2.085M ▼ $2.908M ▲ $-23.715M ▲ $53.743M ▲ $32.936M ▲ $2.533M ▲
Q4-2024 $2.543M ▲ $855K ▼ $-29.373M ▼ $5.067M ▼ $-23.451M ▼ $437K ▼
Q3-2024 $1.691M $1.686M $-16.597M $13.969M $-942K $1.545M

Five-Year Company Overview

Income Statement

Income Statement Earnings have been steady and gradually improving over the past several years. Revenue has trended upward, and profits have kept pace, suggesting the bank has been able to grow without sacrificing overall profitability. Margins appear reasonably stable, which is often a sign of disciplined pricing and cost control. The pattern is one of slow, consistent progress rather than rapid swings, which fits with a conservative community-bank profile.

Balance Sheet

Balance Sheet The balance sheet looks conservative and measured. Total assets have grown over time, funded by a stable base of equity and only modest use of debt. Cash levels move around from year to year, but not in a way that suggests stress, more in line with normal banking operations and loan growth. Overall, the bank appears to be run with a focus on capital strength and controlled leverage, which can help cushion against credit or economic shocks, though it may also limit aggressive expansion.

Cash Flow

Cash Flow Cash generation from the core business has been consistently positive, and free cash flow has closely tracked that pattern. Investment spending on physical assets appears light, which is typical for a bank whose main “assets” are loans rather than hard infrastructure. The cash flow profile indicates a business that reliably funds itself from operations, without obvious signs of strain or heavy dependence on external financing.

Competitive Edge

Competitive Edge Magyar operates as a classic community bank, with its edge coming from long-standing local relationships rather than scale or cutting‑edge technology. Deep roots in central New Jersey, local decision-making, and a reputation for conservative lending give it loyalty among households and small businesses. At the same time, its limited geographic footprint and smaller size mean it competes against much larger regional and national banks, as well as digital‑only players, which can pressure pricing and deposit costs. Its strength is depth in a narrow market, not breadth across many markets.

Innovation and R&D

Innovation and R&D The bank is not a technology pioneer, but it has kept pace with industry standards. It offers a modern online and mobile banking experience, digital payments, and upgraded security tools, which are now basic expectations for customers. Innovation is incremental and practical: improving digital channels, refining risk systems, and enhancing business services like electronic payments and cash management. There is no indication of heavy formal R&D spending or proprietary tech, but there is a clear commitment to continually updating tools to support its relationship-based model.

Summary

Magyar Bancorp comes across as a steady, conservatively managed community bank with a focus on slow, sustainable growth. Earnings and cash flows have been consistently positive, backed by a cautious balance sheet and disciplined risk approach. Its main advantages lie in local market knowledge, long-term relationships, and a reputation for stability, rather than in scale or disruptive innovation. Key sensitivities remain the health of its regional economy, interest-rate cycles, and competition from larger and more digital‑focused banks. Overall, it reflects a traditional banking franchise prioritizing resilience and community presence over rapid expansion.

NEWS

October 30, 2025 · 4:01 PM UTC

MAGYAR BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS, DECLARES QUARTERLY DIVIDEND

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