NASDAQ : MGYR
Magyar Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 22.3 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 143.96M
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Financial statements
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 60.47M | 60.47M | 49.92M | 43.11M | 35.23M | 27.84M |
| Interest Income on Investments | 4.79M | 5.46M | 2.84M | 1.66M | ||
| Total Interest Income | 60.47M | 60.47M | 54.71M | 48.57M | 38.07M | 29.50M |
| Interest Paid on Deposits | 23.00M | 23.00M | 21.76M | 19.73M | 9.49M | 2.07M |
| Interest Paid on Borrowings | 1.05M | 872.00K | 846.00K | 414.00K | ||
| Total Interest Expense | 23.00M | 23.00M | 22.81M | 20.60M | 10.33M | 2.48M |
| Net Interest Income | 37.46M | 37.46M | 31.90M | 27.97M | 27.73M | 27.02M |
| Gain (Loss) on Sale of Assets | 60.00K | 9.00K | ||||
| Other Non-Interest Income | 3.14M | 3.14M | 2.35M | 1.65M | 2.11M | 1.72M |
| Total Non-Interest Income | 3.14M | 3.14M | 3.71M | 3.61M | 2.68M | 2.71M |
| Revenues Before Loan Losses | 40.60M | 40.60M | 35.61M | 31.59M | 30.42M | 29.73M |
| Provision for Loan Losses | 946.00K | 946.00K | 402.00K | 90.00K | 381.00K | 304.00K |
| Revenue | 39.65M | 39.65M | 35.21M | 31.50M | 30.04M | 29.43M |
| Salaries and Employee Benefits | 11.91M | 11.02M | 10.35M | 10.30M | ||
| Occupancy Expenses | 937.00K | 890.00K | 840.00K | 839.00K | ||
| Federal Deposit Insurance | 451.00K | 421.00K | 340.00K | 215.00K | ||
| Selling, General & Administrative | 5.74M | 5.71M | 5.62M | 4.97M | ||
| Other Non-Interest Expense | 22.00M | 22.00M | 2.37M | 2.35M | 2.15M | 1.94M |
| Total Non-Interest Expense | 22.00M | 22.00M | 21.40M | 20.40M | 19.29M | 18.26M |
| EBT Excluding Unusual Items | 17.66M | 17.66M | 13.81M | 11.10M | 10.74M | 11.17M |
| Pretax Income | 17.66M | 17.66M | 13.81M | 11.10M | 10.74M | 11.17M |
| Income Tax Expense | 5.09M | 5.09M | 4.05M | 3.32M | 3.03M | 3.25M |
| Net Income | 12.56M | 12.56M | 9.76M | 7.78M | 7.71M | 7.92M |
| Net Income to Common | 12.56M | 12.56M | 9.76M | 7.78M | 7.71M | 7.92M |
| Basic Shares Outstanding | 6.22M | 6.22M | 6.22M | 6.34M | 6.42M | 6.78M |
| Diluted Shares Outstanding | 6.31M | 6.31M | 6.24M | 6.34M | 6.42M | 6.78M |
| EPS (Basic) | 2.02 | 2.02 | 1.57 | 1.23 | 1.20 | 1.17 |
| EPS (Diluted) | 1.99 | 1.99 | 1.56 | 1.23 | 1.20 | 1.17 |
| Dividend Per Share | 0.25 | 0.19 | 0.12 | 0.09 | ||
| Effective Tax Rate | 28.85% | 28.85% | 29.32% | 29.88% | 28.23% | 29.10% |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 7.09M | 25.60M | 72.53M | 30.94M | ||
| Investment Securities | 102.06M | 102.06M | 22.67M | 29.47M | 29.96M | 36.30M |
| Trading Asset Securities | 911.00K | 1.41M | 2.58M | 2.49M | ||
| Mortgage-Backed Securities | 65.78M | 65.96M | 66.00M | 64.57M | ||
| Total Investments | 102.06M | 102.06M | 89.36M | 96.84M | 98.54M | 103.36M |
| Gross Loans | 906.49M | 906.49M | 858.90M | 781.22M | 698.21M | 628.90M |
| Allowance for Loan Losses | -8.59M | -8.59M | -8.35M | -7.55M | -8.33M | -8.43M |
| Other Adjustments to Gross Loans | -1.55M | -1.05M | -806.00K | -628.00K | ||
| Net Loans | 897.90M | 897.90M | 849.00M | 772.61M | 689.07M | 619.84M |
| Property, Plant & Equipment | 13.94M | 14.77M | 16.03M | 17.17M | ||
| Accrued Interest Receivable | 5.80M | 5.06M | 4.34M | 3.48M | ||
| Long-Term Deferred Tax Assets | 2.86M | 2.76M | 3.00M | 2.52M | ||
| Other Real Estate Owned & Foreclosed | 2.17M | 3.73M | 328.00K | 281.00K | ||
| Other Long-Term Assets | 86.20M | 86.20M | 24.05M | 28.21M | 21.18M | 19.50M |
| Total Assets | 1.09B | 1.09B | 997.66M | 951.92M | 907.29M | 798.54M |
| Accounts Payable | 6.25M | 6.11M | 7.25M | 6.47M | ||
| Interest Bearing Deposits | 887.34M | 887.34M | 602.27M | 604.54M | 137.00M | 192.92M |
| Institutional Deposits | 94.80M | 59.30M | 429.90M | 292.40M | ||
| Non-Interest Bearing Deposits | 117.24M | 132.84M | 188.55M | 182.42M | ||
| Total Deposits | 887.34M | 887.34M | 814.31M | 796.67M | 755.45M | 667.73M |
| Current Portion of Long-Term Debt | 2.54M | 1.41M | 2.58M | 2.49M | ||
| Current Portion of Leases | 491.00K | |||||
| Accrued Interest Payable | 969.00K | 891.00K | 443.00K | 85.00K | ||
| Federal Home Loan Bank Debt, Long-Term | 49.30M | 49.30M | 47.42M | 28.57M | 29.52M | 15.62M |
| Long-Term Leases | 1.42M | 2.41M | 2.94M | 3.60M | ||
| Pension & Post-Retirement Benefits | 1.20M | 1.00M | 828.00K | 630.00K | ||
| Other Long-Term Liabilities | 20.85M | 20.85M | 4.21M | 4.31M | 3.49M | 3.41M |
| Total Liabilities | 957.48M | 957.48M | 878.82M | 841.37M | 802.50M | 700.04M |
| Common Stock | 128.68M | 128.68M | 71.00K | 71.00K | 71.00K | 71.00K |
| Additional Paid-In Capital | 63.42M | 63.09M | 62.80M | 63.73M | ||
| Retained Earnings | 66.58M | 58.64M | 52.17M | 45.77M | ||
| Treasury Stock | -7.84M | -7.36M | -5.36M | -5.79M | ||
| Comprehensive Income & Other | -3.39M | -3.89M | -4.89M | -5.28M | ||
| Shareholders' Equity | 128.68M | 128.68M | 118.84M | 110.55M | 104.79M | 98.50M |
| Total Liabilities & Equity | 1.09B | 1.09B | 997.66M | 951.92M | 907.29M | 798.54M |
| Total Debt | 49.30M | 49.30M | 51.88M | 32.39M | 35.04M | 21.72M |
| Net Cash (Debt) | -49.30M | -49.30M | -43.88M | -5.38M | 40.07M | 11.71M |
| Net Cash Per Share | -7.81 | -7.81 | -7.03 | -0.85 | 6.24 | 1.73 |
| Filing Date Shares Outstanding | 6.22M | 6.22M | 6.48M | 6.48M | 6.66M | 6.74M |
| Total Common Shares Outstanding | 6.22M | 6.22M | 6.48M | 6.51M | 6.67M | 6.75M |
| Book Value Per Share | 20.68 | 20.68 | 18.34 | 16.98 | 15.70 | 14.60 |
| Tangible Book Value | 128.68M | 128.68M | 118.84M | 110.55M | 104.79M | 98.50M |
| Tangible Book Value Per Share | 20.68 | 20.68 | 18.34 | 16.98 | 15.70 | 14.60 |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 9.76M | 7.78M | 7.71M | 7.92M | ||
| Depreciation & Amortization | 937.00K | 890.00K | 840.00K | 839.00K | ||
| Gain (Loss) on Sale of Assets | -286.00K | -1.36M | -9.00K | -67.00K | ||
| Gain (Loss) on Sale of Investments | -18.00K | 63.00K | 137.00K | 191.00K | ||
| Total Asset Writedown | 57.00K | |||||
| Provision for Credit Losses | 402.00K | 90.00K | 381.00K | 304.00K | ||
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 1.14M | 599.00K | 565.00K | 924.00K | ||
| Accrued Interest Receivable | -742.00K | -719.00K | -859.00K | 55.00K | ||
| Change in Accounts Payable | -648.00K | -2.67M | 921.00K | 3.55M | ||
| Change in Other Net Operating Assets | 389.00K | 964.00K | -1.17M | -1.93M | ||
| Other Operating Activities | -348.00K | 33.00K | -615.00K | 152.00K | ||
| Operating Cash Flow | 10.39M | 6.32M | 8.48M | 11.20M | ||
| Capital Expenditures | -574.00K | -812.00K | -309.00K | -387.00K | ||
| Sale of Property, Plant and Equipment | 776.00K | 19.00K | ||||
| Investment in Securities | 7.40M | 1.30M | 4.73M | -32.22M | ||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -76.79M | -87.67M | -69.61M | -34.85M | ||
| Other Investing Activities | 3.93M | -4.94M | -839.00K | -2.71M | ||
| Investing Cash Flow | -64.25M | -90.29M | -66.05M | -69.74M | ||
| Long-Term Debt Issued | 23.99M | 3.44M | 18.63M | 3.00M | ||
| Long-Term Debt Repaid | -3.50M | -4.38M | -4.74M | -10.73M | ||
| Net Debt Issued (Repaid) | 20.49M | -947.00K | 13.89M | -7.73M | ||
| Repurchase of Common Stock | -844.00K | -2.37M | -1.22M | -4.65M | ||
| Common Dividends Paid | -1.82M | -1.68M | -1.31M | -1.43M | ||
| Net Increase (Decrease) in Deposit Accounts | 17.63M | 41.22M | 87.72M | 27.92M | ||
| Other Financing Activities | -101.00K | 816.00K | 87.00K | 165.00K | ||
| Financing Cash Flow | 35.35M | 37.04M | 99.17M | 14.28M | ||
| Net Cash Flow | -18.51M | -46.94M | 41.60M | -44.27M | ||
| Free Cash Flow | 9.81M | 5.51M | 8.18M | 10.81M | ||
| Free Cash Flow Margin | 27.88% | 17.48% | 27.22% | 36.74% | ||
| Free Cash Flow Per Share | 1.57 | 0.87 | 1.27 | 1.59 | ||
| Cash Interest Paid | 22.73M | 20.15M | 9.98M | 2.48M | ||
| Cash Income Tax Paid | 5.62M | 2.87M | 3.25M | 3.14M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 143.96M | 122.98M | 111.41M | 79.96M | 68.29M | 88.23M |
| Last Close Price | 22.30 | 19.05 | 16.91 | 11.83 | 9.61 | 11.46 |
| PE Ratio | 11.21 | 9.79 | 11.41 | 10.27 | 8.86 | 11.14 |
| PS Ratio | 3.63 | 3.10 | 3.16 | 2.54 | 2.27 | 3.00 |
| PB Ratio | 1.08 | 0.96 | 0.94 | 0.72 | 0.65 | 0.90 |
| P/FCF Ratio | 10.19 | 11.35 | 14.52 | 8.35 | 8.16 | |
| P/OCF Ratio | 9.61 | 10.72 | 12.66 | 8.05 | 7.88 | |
| Debt / Equity Ratio | 0.38 | 0.38 | 0.44 | 0.29 | 0.33 | 0.22 |
| Debt / FCF Ratio | 5.29 | 5.88 | 4.29 | 2.01 | ||
| Net Debt / Equity Ratio | 0.38 | 0.38 | 0.37 | 0.05 | -0.38 | -0.12 |
| Net Debt / FCF Ratio | 4.47 | 0.98 | -4.90 | -1.08 | ||
| Return on Equity (ROE) | 10.15% | 10.15% | 8.51% | 7.23% | 7.58% | 8.08% |
| Return on Assets (ROA) | 1.21% | 1.21% | 1.00% | 0.84% | 0.90% | 1.01% |
| Earnings Yield | 8.92% | 10.21% | 8.76% | 9.73% | 11.29% | 8.98% |
| FCF Yield | 9.81% | 8.81% | 6.89% | 11.97% | 12.26% | |
| Dividend Yield | 2.15% | 1.45% | 1.55% | 1.17% | 0.69% | |
| Payout Ratio | 21.11% | 18.68% | 21.57% | 17.06% | 18.02% | |
| Buyback Yield / Dilution | -1.16% | -1.16% | 1.61% | 1.29% | 5.26% | -12.33% |
| Total Shareholder Return | 0.99% | -1.16% | 3.06% | 2.84% | 6.44% | -11.64% |