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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
$127.04M+15.4%
Net income$11.8M+20.5%
Free cash flow$14.1M+89.5%
EPS (diluted)$1.87+19.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q3 2026

Income statement

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Net income$3.1M+25.2%
EPS (diluted)$0.49+22.5%

Balance sheet

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Cash & equivalents$11.5M+62.7%
Total debt$51.1M+41.8%
Total equity$126.6M+8.9%
Total assets$1.0B+6.2%

Cash flow

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Operating cash flow$5.2M+132%
CapEx$462.0K+927%
Free cash flow$4.8M+115%

Valuation & ratios

Valuation

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Market cap$127.04M+15.4%
Enterprise value$166.68M+19.8%
P/E10.8×-0.5×

Returns & leverage

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Return on equity9.7%+1.0pp
Debt / equity0.4×+0.1×

Competitors

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
Listed2006
Employees97.0
CEOJohn S. Fitzgerald
FilingsSEC EDGAR

FAQ

What is Magyar Bancorp's market cap?
Magyar Bancorp (MGYR) has a market capitalization of $127.0M and trades on NASDAQ.
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.