NGM · Financial Statements

Magyar Bancorp, Inc. (MGYR) Financial Statements

$20.92 NGM: MGYR Market Cap $135.05M

Magyar Bancorp, Inc. most recently reported annual revenue of $58.0M, net profit of $10.0M. Revenue grew at an average annual rate of 15.7% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Magyar Bancorp, Inc.: Revenue rose from $22.0M in 2016 to $58.0M in 2025, a change of +163.6% over 9 years; net profit was positive in all 10 reported years; operating margin moved from 7.8% to 23.6%, a shift of +15.8 percentage points; the most recent year shows net profit of $10.0M.

Income Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Revenue$22.0M$24.0M$26.0M$29.0M$28.0M$32.0M$32.0M$41.0M$52.0M$58.0M
Operating Expenses$21.0M$21.0M$23.0M$25.0M$25.0M$23.0M$21.0M$30.0M$41.0M$45.0M
Operating Profit$2.0M$2.0M$4.0M$4.0M$3.0M$9.0M$11.0M$11.0M$11.0M$14.0M
Operating Margin7.8%10.2%13.4%14.7%11.0%27.6%34.7%26.4%21.3%23.6%
Other Income$0$0$0$0$0$0$0$0$0$0
Interest$4.0M$4.0M$5.0M$7.0M$6.0M$3.0M$2.0M$10.0M$21.0M$23.0M
Depreciation$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M
Profit Before Tax$2.0M$2.0M$4.0M$4.0M$3.0M$9.0M$11.0M$11.0M$11.0M$14.0M
Tax$37.8M$41.1M$42.0M$29.7M$29.6M$29.9M$29.1M$28.2M$29.9M$29.3M
Net Profit$1.0M$1.0M$2.0M$3.0M$2.0M$6.0M$8.0M$8.0M$8.0M$10.0M
EPS$0.19$0.24$0.35$0.51$0.38$1.01$1.17$1.20$1.23$1.56
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$12.0M$12.0M$13.0M$13.0M$15.0M$14.0M$15.0M$15.0M$15.0M$15.0M$16.0M$16.0M
Operating Expenses$9.0M$10.0M$10.0M$11.0M$11.0M$11.0M$11.0M$11.0M$11.0M$11.0M$12.0M$12.0M
Operating Profit$3.0M$2.0M$2.0M$2.0M$4.0M$3.0M$4.0M$3.0M$4.0M$4.0M$4.0M$4.0M
Operating Margin24.7%19.4%19.3%17.2%28.1%20.9%25.5%23.8%24.2%27.9%27.0%27.1%
Interest$4.0M$4.0M$5.0M$6.0M$6.0M$5.0M$6.0M$6.0M$6.0M$6.0M$6.0M$6.0M
Profit Before Tax$3.0M$2.0M$2.0M$2.0M$4.0M$3.0M$4.0M$3.0M$4.0M$4.0M$4.0M$4.0M
Tax$23.6M$29.8M$21.7M$22.9M$38.5M$27.9M$29.0M$28.9M$31.2M$26.7M$29.0M$28.9M
Net Profit$2.0M$2.0M$2.0M$2.0M$3.0M$2.0M$3.0M$2.0M$3.0M$3.0M$3.0M$3.0M
EPS$0.34$0.26$0.30$0.27$0.41$0.33$0.43$0.40$0.40$0.50$0.48$0.49

Over the 10 years reported for Magyar Bancorp, Inc., borrowings increased from $36.0M in 2016 to $49.0M in 2025, cash stood at $7.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 0.04 times.

Balance Sheet — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Total Assets$584.0M$603.0M$624.0M$630.0M$754.0M$774.0M$799.0M$907.0M$952.0M$998.0M
Current Assets$29.0M$36.0M$40.0M$40.0M$80.0M$92.0M$44.0M$87.0M$46.0M$29.0M
Cash$22.0M$22.0M$15.0M$21.0M$62.0M$75.0M$31.0M$73.0M$26.0M$7.0M
Inventory$0$0$0$0$0$0$0$0$0$0
Receivables$2.0M$2.0M$2.0M$2.0M$4.0M$4.0M$3.0M$4.0M$5.0M$6.0M
Fixed Assets$18.0M$18.0M$17.0M$16.0M$15.0M$14.0M$14.0M$13.0M$13.0M$12.0M
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$513.0M$534.0M$565.0M$564.0M$648.0M$656.0M$721.0M$785.0M$868.0M$937.0M
Other Assets$0$0$0$0$0$0$0$0$0$0
Total Liabilities$537.0M$554.0M$573.0M$576.0M$697.0M$676.0M$700.0M$803.0M$841.0M$879.0M
Current Liabilities$493.0M$515.0M$530.0M$530.0M$619.0M$640.0M$673.0M$760.0M$801.0M$815.0M
Borrowings$36.0M$32.0M$36.0M$36.0M$67.0M$23.0M$20.0M$34.0M$29.0M$49.0M
Other Liabilities$501.0M$522.0M$537.0M$539.0M$630.0M$653.0M$680.0M$769.0M$813.0M$830.0M
Equity$0$0$0$0$0$0$0$0$0$0
Reserves$48.0M$49.0M$51.0M$55.0M$57.0M$98.0M$99.0M$105.0M$111.0M$119.0M

For Magyar Bancorp, Inc., operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was $10.0M; free cash flow was positive in 10 of 10 years.

Cash Flow Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Operating Cash Flow$9.0M$4.0M$5.0M$6.0M$1.0M$9.0M$11.0M$8.0M$6.0M$10.0M
Investing Cash Flow$-36.0M$-22.0M$-31.0M$0$-80.0M$-9.0M$-70.0M$-66.0M$-91.0M$-65.0M
Financing Cash Flow$27.0M$23.0M$15.0M$0$88.0M$19.0M$23.0M$87.0M$40.0M$17.0M
Net Cash Flow$4.0M$1.0M$-7.0M$6.0M$40.0M$13.0M$-44.0M$42.0M$-47.0M$-19.0M
Free Cash Flow$8.0M$3.0M$4.0M$6.0M$1.0M$9.0M$11.0M$8.0M$6.0M$10.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.48
EV / EBITDA—
FCF Yield—
Quick Ratio—
Interest Coverage—
Return 1Y5.25%
Return 3Y68.84%
Return 5Y74.46%

Magyar Bancorp, Inc. (MGYR) financials — frequently asked questions

What is Magyar Bancorp, Inc.'s annual revenue?

Magyar Bancorp, Inc. (MGYR) reported annual revenue of $58.0M in its most recent fiscal year.

What is Magyar Bancorp, Inc.'s net profit?

Magyar Bancorp, Inc. (MGYR) reported net profit of $10.0M in its most recent fiscal year.

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