WallStSmart
MGYR

Magyar Bancorp Inc

NASDAQ: MGYR · FINANCIAL SERVICES · BANKS - REGIONAL

$17.65
-0.46% today

Updated 2026-06-03

Market cap
$109.61M
P/E ratio
9.58
P/S ratio
2.95x
EPS (TTM)
$1.77
Dividend yield
1.88%
52W range
$15 – $20
Volume
0.0M

Magyar Bancorp Inc (MGYR) Financial statements

SEC filings — annual and quarterly data.

Income statement — annual

Item20062007200820092010201120122013201420152016201720182019202020212022202320242025
Revenue$24.57M$30.68M$30.28M$29.42M$27.41M$24.73M$22.63M$21.21M$20.48M$21.15M$22.38M$23.71M$26.15M$28.95M$28.34M$31.62M$32.22M$30.42M$52.12M$58.42M
Revenue growth (YoY)+24.9%-1.3%-2.9%-6.8%-9.8%-8.5%-6.2%-3.5%+3.3%+5.8%+6.0%+10.3%+10.7%-2.1%+11.6%+1.9%-5.6%+71.4%+12.1%
Cost of revenue$11.35M$15.95M$18.55M$20.40M$12.04M$9.15M$7.27M$6.46M$4.85M$4.46M$4.90M$5.12M$5.65M$7.38M$7.18M$4.57M$2.79M$10.71M$20.69M$23.21M
Gross profit$13.22M$14.74M$11.74M$9.02M$15.38M$15.58M$15.36M$14.75M$15.63M$16.69M$17.48M$18.59M$20.50M$21.57M$21.16M$27.05M$29.43M$30.42M$31.44M$35.21M
Gross margin53.8%48.0%38.8%30.7%56.1%63.0%67.9%69.5%76.3%78.9%78.1%78.4%78.4%74.5%74.7%85.5%91.3%100.0%60.3%60.3%
R&D$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
SG&A$6.95M$7.94M$8.44M$9.12M$9.31M$9.92M$8.26M$8.35M$8.64M$9.10M$9.46M$9.81M$10.32M$10.66M$10.96M$11.04M$11.24M$755000.00$13.03M$13.95M
Operating income$-123000.00$973000.00$-2.86M$-6.07M$201000.00$-206000.00$630000.00$283000.00$759000.00$1.31M$1.75M$2.42M$3.50M$4.26M$3.11M$8.72M$11.17M$10.74M$11.10M$13.81M
Operating margin-0.5%3.2%-9.4%-20.6%0.7%-0.8%2.8%1.3%3.7%6.2%7.8%10.2%13.4%14.7%11.0%27.6%34.7%35.3%21.3%23.6%
EBITDA$1.04M$2.28M$-1.81M$-4.95M$1.34M$768000.00$1.56M$1.21M$1.68M$2.15M$2.53M$3.23M$4.36M$5.13M$3.96M$9.56M$12.01M$10.74M$11.99M$14.75M
EBITDA margin4.2%7.4%-6.0%-16.8%4.9%3.1%6.9%5.7%8.2%10.2%11.3%13.6%16.7%17.7%14.0%30.2%37.3%35.3%23.0%25.2%
EBIT$-123000.00$973000.00$-2.86M$-6.07M$201000.00$-206000.00$630000.00$283000.00$759000.00$1.31M$1.75M$2.42M$3.50M$4.26M$3.11M$8.72M$11.17M$10.74M$11.10M$13.81M
Interest expense$10.39M$15.55M$14.29M$12.19M$9.31M$7.41M$5.81M$4.35M$3.46M$3.20M$3.53M$3.77M$4.65M$6.71M$5.51M$2.94M$2.48M$10.33M$20.60M$22.81M
Income tax
Effective tax rate0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income$5000.00$716000.00$-2.94M$-6.12M$3.94M$-249000.00$509000.00$262000.00$574000.00$897000.00$1.09M$1.42M$2.03M$3.00M$2.19M$6.12M$7.92M$7.71M$7.78M$9.76M
Net income growth (YoY)+14220.0%-511.0%-108.0%+164.4%-106.3%+304.4%-48.5%+119.1%+56.3%+21.6%+30.4%+42.7%+47.6%-26.9%+179.5%+29.4%-2.7%+1.0%+25.4%
Profit margin0.0%2.3%-9.7%-20.8%14.4%-1.0%2.2%1.2%2.8%4.2%4.9%6.0%7.8%10.3%7.7%19.4%24.6%25.3%14.9%16.7%

Frequently asked questions

What is Magyar Bancorp Inc's revenue?

Magyar Bancorp Inc's trailing twelve-month revenue is $37.16M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.

How profitable is MGYR?

In its most recent fiscal year, MGYR ran a gross margin of 60.27%, an operating margin of 23.64%, and a net margin of 16.71%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.

How much free cash flow does MGYR generate?

MGYR produced $9.81M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.

Is MGYR's balance sheet healthy?

MGYR holds $7.09M in cash and equivalents against $49.05M in long-term debt, on $118.84M of shareholder equity. That debt is best read against the cash flow the business throws off each year.