What is Magyar Bancorp's market cap?

Magyar Bancorp (MGYR) has a market capitalization of $112.8M and trades on NASDAQ.

What is Magyar Bancorp's revenue and profitability?

Magyar Bancorp generated $30.4M in trailing twelve-month revenue with net income of $11.2M, representing a net margin of 24.4%, with free cash flow of $11.6M. These figures are based on the Q2 2024 filing.

Who are Magyar Bancorp's competitors?

Magyar Bancorp's key competitors include JPMorgan Chase & Co., Valley National Bancorp, Columbia Financial, Inc., and others. These companies compete in similar markets and product categories.

Who does Magyar Bancorp partner with?

Magyar Bancorp's notable partners include Federal Home Loan Bank of New York, Small Business Administration, Freddie Mac, and others.

What subsidiaries does Magyar Bancorp have?

Magyar Bancorp's subsidiaries include Magyar Bank, Magyar Investment Company, Hungaria Urban Renewal, LLC, and others.

Where is Magyar Bancorp headquartered?

Magyar Bancorp is headquartered in United States of America and employs approximately 97 people. It has been publicly traded since 2006.

Magyar Bancorp

MGYR

Magyar Bancorp, Inc. is a bank holding company for Magyar Bank, a community-oriented savings bank serving central and northern New Jersey.

Market cap

$112.77M+5.2%

Revenue$30.4M-0.7%

Net income$11.2M+24.0%

Free cash flow$11.6M+70.4%

EPS (diluted)$1.78+23.6%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q2 2026 report

April 23, 2026

Revenue$15.8M EPS$0.48

Read the full report

Next report

Date not yet announced

Financials

Q3 2024

Income statement

See full

Revenue$7.2M-4.2%

Net income$1.7M-11.8%

EPS (diluted)$0.27-10.0%

Balance sheet

See full

Cash & equivalents$49.0M+1,501%

Total debt$31.2M-31.6%

Total equity$109.0M+6.1%

Total assets$944.4M+10.1%

Cash flow

See full

Operating cash flow$1.7M+392%

CapEx$141.0K—

Free cash flow$1.5M—

Valuation & ratios

Valuation

See full

Market cap$112.77M+5.2%

Enterprise value$116.04M-14.8%

P/E10.1×-0.9×

P/S3.7×+0.1×

Profitability

See full

Net margin24.4%-1.6pp

Returns & leverage

See full

Return on equity7%-0.8pp

Debt / equity0.3×-0.2×

Competitors

By market cap

JPMorgan Chase$877.08B+11.1%

Valley National Bank$8.1B+65.0%

Columbia Financial, Inc.$2.2B+46.9%

ECB Bancorp, Inc.$175.8M+29.1%

SR Bancorp, Inc.$146.3M+22.0%

Bogota Financial Corp.$116.1M+22.8%

Magyar Bancorp$112.8M+5.2%

Pathfinder Bancorp$99.4M+8.2%

By revenue growth

Columbia Financial, Inc.+41.3%

Valley National Bank+11.3%

JPMorgan Chase+3.3%

SR Bancorp, Inc.+2.9%

Magyar Bancorp-0.7%

Pathfinder Bancorp-12.2%

ECB Bancorp, Inc.-17.3%

By net margin

JPMorgan Chase31.5%—

Valley National Bank31.41%—

Magyar Bancorp24.4%+7.3pp

Columbia Financial, Inc.20.96%—

ECB Bancorp, Inc.17.33%+27.6pp

Pathfinder Bancorp-5.46%-13.6pp

SR Bancorp, Inc.-27.48%+14.7pp

Profile

Magyar Bancorp, Inc. is a bank holding company for Magyar Bank, a community-oriented savings bank serving central and northern New Jersey. The company focuses on attracting retail deposits from the general public and reinvesting those funds into a diverse portfolio of real estate and commercial loans. Its core value proposition centers on high-level service and deep-rooted community relationships within Middlesex and Somerset Counties.

Competitive position

A community-focused bank with a significant concentration in the New Jersey market, competing against larger regional and money center banks through localized service.

GeographiesUnited States, New Jersey

Customer segmentsRetail, Small Business, Commercial

Business modelTraditional Banking, Interest Spread, Fee-based Services

SuppliersRetail depositors, Federal Home Loan Bank of New York, Federal Reserve Bank, Government-sponsored enterprises

CustomersResidential homebuyers, Commercial property owners, Small business owners, Real estate developers

CountryUnited States of America

Listed2006

Employees97.0

CEOJohn S. Fitzgerald

SectorFinancial Services

IndustryBanks - Regional

Websitemagbank.com

FilingsSEC EDGAR

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Questions, answered.

What is Magyar Bancorp's market cap?: Magyar Bancorp (MGYR) has a market capitalization of $112.8M and trades on NASDAQ.
What is Magyar Bancorp's revenue and profitability?: Magyar Bancorp generated $30.4M in trailing twelve-month revenue with net income of $11.2M, representing a net margin of 24.4%, with free cash flow of $11.6M. These figures are based on the Q2 2024 filing.
Who are Magyar Bancorp's competitors?: Magyar Bancorp's key competitors include JPMorgan Chase & Co., Valley National Bancorp, Columbia Financial, Inc., and others. These companies compete in similar markets and product categories.
Who does Magyar Bancorp partner with?: Magyar Bancorp's notable partners include Federal Home Loan Bank of New York, Small Business Administration, Freddie Mac, and others.
What subsidiaries does Magyar Bancorp have?: Magyar Bancorp's subsidiaries include Magyar Bank, Magyar Investment Company, Hungaria Urban Renewal, LLC, and others.
Where is Magyar Bancorp headquartered?: Magyar Bancorp is headquartered in United States of America and employs approximately 97 people. It has been publicly traded since 2006.