Magyar Bancorp, Inc. (MGYR)

17.51 0.23 (1.36%)

As of 2025-12-31 16:04:58 EST

Magyar Bank is a bank based in New Brunswick, New Jersey with branches in Central Jersey. The bank was founded in 1922 as the Magyar Building and Loan Association by a group of Hungarian immigrants and businessmen in New Brunswick, many of whom had settled in the city's Fifth Ward. ("Magyar" is the Hungarian-language word for Hungarian peoples and language). In 1954, its charter was amended and the name changed to Magyar Savings & Loan Association. In 1989 it became Magyar Savings Bank, SLA and in 2005 Magyar Bank.

Traded asNasdaq: MGYR
ISINUS55977T2087
CIK0001337068
LEI
EIN204154978
Sector
IndustrySavings Institution, Federally Chartered
CEOJohn Fitzgerald
Employees
Fiscal Year End0930
Address400 SOMERSET STREET, NEW BRUNSWICK, NJ, 08901
Phone732-342-7600
Websitehttps://magbank.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
MGYRMagyar Bancorp, Inc.2025-12-31 16:04:5817.510.231.36
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
MGYR0001337068Magyar Bancorp, Inc.US55977T2087204154978Nasdaq6035Savings Institution, Federally Chartered0930400 SOMERSET STREETNEW BRUNSWICKNJ08901UNITED STATESUS732-342-7600400 SOMERSET STREET, NEW BRUNSWICK, NJ, 08901400 SOMERSET STREET, NEW BRUNSWICK, NJ, 089011922John Fitzgeraldhttps://magbank.com72,000,0007,097,8256,450,948Magyar Bank is a bank based in New Brunswick, New Jersey with branches in Central Jersey. The bank was founded in 1922 as the Magyar Building and Loan Association by a group of Hungarian immigrants and businessmen in New Brunswick, many of whom had settled in the city's Fifth Ward. ("Magyar" is the Hungarian-language word for Hungarian peoples and language). In 1954, its charter was amended and the name changed to Magyar Savings & Loan Association. In 1989 it became Magyar Savings Bank, SLA and in 2005 Magyar Bank.2025-12-25 20:53:53
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MGYR Stock Price (End-of-Day)
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MGYR Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
202472,000,0001,400,0001.9836,477,621-180,177-2.7063
202370,600,00069,804,0008,769.34676,657,798-85,136-1.2626
2022796,000-79,104,000-99.00386,742,934-354,891-5.0
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Jon R. AnsariChief Financial Officer, Executive Vice President2025425,00062,0000258,000131,329876,329
John S. FitzgeraldPresident, Chief Executive Officer2025578,000129,0000351,000295,1841,353,184
Peter BrownChief Lending Officer, Senior Vice President2025246,17590,0000029,112365,827
John S. FitzgeraldPresident, Chief Executive Officer2024549,181283,6940136,306281,2731,250,454
Jon R. AnsariChief Financial Officer, Executive Vice President2024403,418179,6670100,333122,260805,678
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Employee Count
Fiscal YearEmployee Count
202591
202491
202389
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Income Statements
Fiscal Year202520242023
Revenue
Cost Of Revenue
Gross Profit
Research And Development Expenses
General And Administrative Expenses
Operating Expenses
Operating Income
Net Income9,760,0007,783,0007,709,000
Earnings Per Share Basic1.571.231.2
Earnings Per Share Diluted1.561.231.2
Weighted Average Shares Outstanding Basic6,221,9216,341,6106,424,796
Weighted Average Shares Outstanding Diluted6,239,6786,341,6106,424,796
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents1,430,0001,577,00072,532,000
Marketable Securities Current1,500,0009,500,0006,498,000
Accounts Receivable
Inventories
Non Trade Receivables2,119,0002,235,0002,359,000
Other Assets Current
Total Assets Current
Marketable Securities Non Current13,268,00012,179,00018,526,000
Property Plant And Equipment12,182,00012,545,00013,339,000
Other Assets Non Current
Total Assets Non Current
Total Assets997,660,000951,918,000907,292,000
Accounts Payable
Deferred Revenue
Short Term Debt49,054,00028,568,00029,515,000
Other Liabilities Current828,000
Total Liabilities Current
Long Term Debt49,054,00028,568,000
Other Liabilities Non Current
Total Liabilities Non Current
Total Liabilities878,818,000841,370,000802,502,000
Common Stock71,00071,00071,000
Retained Earnings66,581,00058,644,00052,166,000
Accumulated Other Comprehensive Income-523,000-916,000-1,789,000
Total Shareholders Equity118,842,000110,548,000104,790,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization937,000890,000840,000
Share Based Compensation Expense621,000646,000664,000
Other Non Cash Income Expense60,0009,000
Change In Accounts Receivable
Change In Inventories
Change In Non Trade Receivables742,000719,000859,000
Change In Other Assets-1,062,000-1,397,000280,000
Change In Accounts Payable
Change In Other Liabilities
Cash From Operating Activities10,389,0006,318,0008,484,000
Purchases Of Marketable Securities6,915,0005,953,0001,965,000
Sales Of Marketable Securities11,500,0001,293,000970,000
Acquisition Of Property Plant And Equipment574,000
Acquisition Of Business
Other Investing Activities
Cash From Investing Activities-64,250,000-90,291,000-66,053,000
Tax Withholding For Share Based Compensation
Payments Of Dividends1,823,0001,679,0001,315,000
Issuance Of Common Stock
Repurchase Of Common Stock
Issuance Of Long Term Debt23,986,0003,437,00018,631,000
Repayment Of Long Term Debt3,500,0004,384,0004,741,000
Other Financing Activities
Cash From Financing Activities35,351,00037,037,00099,165,000
Change In Cash-18,510,000-46,936,00041,596,000
Cash At End Of Period1,430,0001,577,00072,532,000
Income Taxes Paid5,625,0002,870,0003,255,000
Interest Paid22,732,00020,148,0009,977,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share1.571.231.2
Price To Earnings Ratio1110.01638.5417
Earnings Growth Rate27.64232.52.5641
Price Earnings To Growth Ratio0.39794.00653.3312
Book Value Per Share19.100517.432216.3102
Price To Book Ratio0.90420.70670.6284
Ebitda16,500,00011,736,00022,138,000
Enterprise Value204,130,575.67133,687,635.2
Dividend Yield0.0170.02150.02
Dividend Payout Ratio0.18680.21570.1706
Debt To Equity Ratio0.82550.5168
Capital Expenditures574,00096,000299,000
Free Cash Flow9,815,0006,222,0008,185,000
Return On Equity0.08210.07040.0736
One Year Beta0.07790.01710.1361
Three Year Beta0.08720.13310.0983
Five Year Beta0.08520.13520.127
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Lombardi Michael RDirector2025-12-12261A1,000
Lombardi Michael RDirector2025-12-111A451
Lombardi Michael RDirector2025-12-11288A739
Fitzgerald John SDirector, President and CEO2025-11-06200A86,382
Ruane MaureenDirector2025-11-061,464A5,154
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
MALTESE CAPITAL MANAGEMENT LLC2025-09-304,129,257239,10017.27
FIRST MANHATTAN CO. LLC.2025-09-30483,81928,01517.27
NORTHERN TRUST CORP2025-09-30480,72827,83617.27
MORGAN STANLEY2025-09-30176,43010,21617.27
BANK OF AMERICA CORP /DE/2025-09-301731017.3
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
Dimensional ETF Trust2025-10-31Dimensional US Core Equity 1 ETFDCOR71112,264.750.0005
Dimensional ETF Trust2025-10-31Dimensional US Vector Equity ETFDXUV4690.0
Dimensional ETF Trust2025-10-31Dimensional U.S. Targeted Value ETFDFAT9,232159,2520.0014
Dimensional ETF Trust2025-10-31Dimensional U.S. Equity Market ETFDFUS1,15019,837.50.0001
Dimensional ETF Trust2025-10-31Dimensional US Sustainability Core 1 ETFDFSU1051,811.250.0001
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