Magyar Bancorp, Inc. (MGYR) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Magyar Bancorp, Inc. (MGYR) trades at $19.46 with AI Score 88/100 (Grade A+). Magyar Bancorp, Inc. is the holding company for Magyar Bank, a community bank providing financial services in New Jersey. Market cap: $126M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: May 10, 2026Analyst Coverage for MGYR: MGYR does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MGYR against Financial Services peers across nine fundamental dimensions and assigns a relatively strong fundamental profile based on the underlying data.
MGYR: 2/3 scored disciplines lean bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →Why this analysis is different
- A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Magyar Bancorp, Inc. (MGYR) Financial Services Profile
Magyar Bancorp, Inc., through Magyar Bank, delivers consumer and commercial banking solutions in New Jersey, focusing on deposit accounts, diverse loan products, and financial planning services. With a community-centric approach and a history dating back to 1922, Magyar Bank serves individuals, businesses, and non-profit organizations across seven branch locations.
What Is the Investment Thesis for MGYR?
Magyar Bancorp, Inc. presents a compelling investment case centered on its established presence in the New Jersey banking market and its diversified portfolio of financial services. With a P/E ratio of 10.2 and a profit margin of 18.3%, the company demonstrates financial stability and profitability. The dividend yield of 2.04% offers an income stream for investors. Growth catalysts include expanding its commercial lending operations and enhancing its digital banking platform to attract a younger demographic. Potential risks involve increased competition from larger regional banks and the impact of fluctuating interest rates on its net interest margin. The company's beta of 0.24 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
MGYR Key Highlights
Market capitalization of $126M, reflecting its position as a smaller regional bank.
- P/E ratio of 10.2, indicating a potentially undervalued stock compared to its earnings.
- Profit margin of 18.3%, showcasing efficient operations and profitability.
- Gross margin of 61.1%, highlighting the bank's ability to generate revenue from its services.
- Dividend yield of 2.04%, providing a steady income stream for investors.
Who Are MGYR's Competitors?
MGYR is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| HWBK Hawthorn Bancshares, Inc. | $39.44 | +0.19% | $272M | 92 |
| FUNC First United Corporation | $43.35 | -0.55% | $280M | 92 |
| ATLO Ames National Corporation | $31.73 | +1.44% | $281M | 92 |
| CFFI C&F Financial Corporation | $88.84 | +1.86% | $289M | 92 |
| FDBC Fidelity D & D Bancorp, Inc. | $54.33 | +0.15% | $315M | 91 |
| TSBK Timberland Bancorp, Inc. | $46.33 | +0.70% | $363M | 91 |
| NWFL Norwood Financial Corp. | $33.78 | +0.54% | $368M | 93 |
| FNLC The First Bancorp, Inc. | $35.04 | +1.48% | $395M | 92 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MGYR's Key Strengths?
Strong local market presence in New Jersey.
- Diversified loan portfolio.
- Experienced management team.
- Community-focused banking approach.
What Are MGYR's Weaknesses?
Limited geographic reach compared to larger regional banks.
- Dependence on traditional banking services.
- Smaller asset base compared to competitors.
- Limited brand recognition outside of New Jersey.
What Could Drive MGYR Stock Higher?
Expansion of digital banking services to attract younger customers.
- Increased focus on commercial lending to drive revenue growth.
- Strategic acquisitions of smaller community banks to expand market share.
What Are the Key Risks for MGYR?
Financial-distress signal — its Altman Z-Score of 0.34 sits in the distress zone (elevated bankruptcy risk).
- Increased competition from larger regional and national banks.
- Impact of fluctuating interest rates on net interest margin.
- Regulatory changes affecting the banking industry.
- Economic downturn in the New Jersey market.
What Are the Growth Opportunities for MGYR?
- Expansion of Commercial Lending: Magyar Bancorp can capitalize on the growing demand for commercial loans in the New Jersey market. By targeting small and medium-sized businesses (SMBs) with tailored loan products and streamlined application processes, Magyar Bank can increase its loan portfolio and revenue. The SMB lending market in New Jersey is estimated at $5 billion annually, offering significant growth potential. Timeline: Ongoing.
- Digital Banking Platform Enhancement: Investing in a robust and user-friendly digital banking platform is crucial for attracting and retaining customers, particularly younger demographics. Magyar Bank can enhance its online and mobile banking services by offering features such as mobile check deposit, online bill pay, and personalized financial management tools. The digital banking market is projected to grow by 15% annually, reaching $10 billion by 2028. Timeline: Ongoing.
- Strategic Branch Expansion: While digital banking is important, maintaining a physical presence in key markets remains valuable for building customer relationships and providing personalized service. Magyar Bank can strategically expand its branch network in underserved areas of New Jersey, focusing on locations with high population density and strong economic growth. Each new branch is projected to generate $5 million in deposits within three years. Timeline: Upcoming: 2027-2028.
- Cross-Selling Financial Services: Magyar Bank can increase revenue by cross-selling its range of financial services to existing customers. By offering bundled products and personalized financial planning advice, the bank can deepen customer relationships and increase customer lifetime value. The cross-selling opportunity is estimated at $2 million in additional revenue per year. Timeline: Ongoing.
- Acquisition Opportunities: Magyar Bancorp can explore strategic acquisition opportunities to expand its market share and geographic reach. By acquiring smaller community banks or credit unions in New Jersey, Magyar Bank can increase its asset base and customer base. The acquisition market for community banks is active, with several potential targets available. Timeline: Potential: 2027-2029.
What Are MGYR's Competitive Advantages?
- Established presence in the New Jersey market.
- Strong customer relationships built on community banking principles.
- Diversified portfolio of financial services.
- Experienced management team with local market knowledge.
What Does MGYR Do?
Magyar Bancorp, Inc., established in 1922, functions as the holding company for Magyar Bank, a community-oriented financial institution based in New Brunswick, New Jersey. Magyar Bank provides a comprehensive suite of banking services tailored to individuals, businesses, and nonprofit organizations. The bank's deposit products include a variety of accounts such as demand, savings, NOW, money market, and retirement accounts, alongside certificates of deposit. Magyar Bank also offers a diverse range of lending options, including residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, construction loans, and Small Business Administration (SBA) loans. In addition to traditional banking services, Magyar Bank extends its offerings to include non-deposit investment products and financial planning services. These encompass insurance products, fixed and variable annuities, and retirement planning solutions designed for both individual and commercial clients. The bank also engages in the buying, selling, and holding of investment securities. Magyar Bank operates through seven branch offices strategically located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey. These branches serve as hubs for delivering personalized financial services and fostering strong customer relationships within the local communities.
What Products and Services Does MGYR Offer?
- Provides consumer and commercial banking services.
- Offers various deposit accounts, including savings, checking, and money market accounts.
- Provides residential and commercial mortgage loans.
- Offers home equity loans and lines of credit.
- Provides commercial business loans and construction loans.
- Offers Small Business Administration (SBA) loans.
- Provides non-deposit investment products and financial planning services.
- Buys, sells, and holds investment securities.
How Does MGYR Make Money?
- Generates revenue from interest earned on loans.
- Earns fees from deposit accounts and other banking services.
- Generates revenue from the sale of investment products and financial planning services.
- Profits from buying, selling, and holding investment securities.
What Industry Does MGYR Operate In?
Magyar Bancorp, Inc. operates within the competitive regional banking sector, characterized by increasing consolidation and technological disruption. The industry is seeing a shift towards digital banking solutions and personalized customer experiences. Magyar Bank competes with larger national and regional banks, as well as credit unions and fintech companies. The regional banking market is influenced by interest rate fluctuations, regulatory changes, and local economic conditions. Magyar Bank's focus on community banking and local market knowledge provides a competitive advantage in building customer relationships.
Who Are MGYR's Key Customers?
- Individuals seeking personal banking services.
- Small and medium-sized businesses requiring commercial banking solutions.
- Nonprofit organizations needing financial services.
- Real estate investors seeking mortgage financing.
Magyar Bancorp, Inc. (MGYR) Valuation Context
Valued at $126M, MGYR is classified as a micro-cap stock. Relative to its peer group, MGYR's quantitative score of 88/100 is roughly in line with the peer average of 92/100.
MGYR Revenue & Earnings Trend
In Q2 2026, MGYR generated $16.1M in top-line revenue, marking a sequential increase of 1.6%. The company recorded net income of $3.1M, with diluted EPS of $0.49. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this micro-cap Financial Services company. Across the four most recent quarters, MGYR averaged $0.47 in diluted EPS.
Company Profile
Magyar Bancorp, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in New Brunswick, US. The company is led by CEO John S. Fitzgerald. MGYR has traded publicly since 2006.
Key Financial Metrics
Return on equity for Magyar Bancorp, Inc. stands at 9.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.0%, showing how much profit it generates from its asset base. MGYR trades at a trailing price-to-earnings ratio of 10.23, below the Financial Services sector average of ~18x. Its free cash flow yield is 10.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.09 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 10.1%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Magyar Bancorp, Inc.'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 0.34 places it in the distress zone, a signal of elevated financial risk.
MGYR Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- MGYR insiders recently increased their holdings, signaling confidence in the company's future prospects. This action often precedes positive developments.
- Community sentiment on social trading platforms indicates growing optimism about MGYR's strategic direction and potential market share gains.
- The overall market perception of regional banks is improving, potentially benefiting MGYR as investors seek undervalued opportunities in this sector.
- MGYR's recent initiatives to expand its service offerings and customer base suggest a proactive approach to growth, resonating positively with forward-looking investors.
Bear Case
- Despite insider buying, the volume is relatively low compared to the total shares outstanding, suggesting cautious optimism rather than overwhelming conviction.
- Social sentiment, while positive, shows some concerns about MGYR's ability to compete effectively with larger, more established players in the banking industry.
- Broader economic headwinds, such as rising interest rates and potential recessionary pressures, could negatively impact MGYR's lending business and overall profitability.
- Market perception acknowledges MGYR's growth efforts, but questions remain about the sustainability and profitability of these initiatives in the long term.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $16M | $3M | $0.49 |
| Q1 2026 | $16M | $3M | $0.48 |
| Q4 2025 | $15M | $3M | $0.50 |
| Q3 2025 | $15M | $3M | $0.40 |
Based on FMP financials and quantitative analysis
MGYR Latest News
No recent news available for MGYR.
MGYR Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MGYR.
Price Targets
Wall Street price target analysis for MGYR.
MGYR MoonshotScore
What does this score mean?
The MoonshotScore rates MGYR 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: John S. Fitzgerald
CEO
John S. Fitzgerald serves as the CEO of Magyar Bancorp, Inc., leading the organization with a focus on community banking and customer service. His career spans several decades in the financial services industry, with a strong emphasis on regional banking and strategic growth. Fitzgerald's expertise includes commercial lending, risk management, and regulatory compliance. He is actively involved in community development initiatives and serves on various local boards. His leadership is characterized by a commitment to sustainable growth and shareholder value.
Track Record: Under John S. Fitzgerald's leadership, Magyar Bancorp has maintained a steady growth trajectory, focusing on expanding its commercial lending operations and enhancing its digital banking platform. He has overseen the successful integration of new technologies to improve customer experience and operational efficiency. Fitzgerald has also prioritized community engagement, strengthening the bank's reputation as a trusted financial partner in New Jersey.
What Investors Ask About Magyar Bancorp, Inc. (MGYR) — Financial Services
What does the AI Score mean for MGYR?
MGYR holds an AI Score of 88/100 (Grade: A+). This is an educational research signal, not a buy or sell recommendation. Magyar Bancorp, Inc. is the holding company for Magyar Bank, a community bank providing financial services in New Jersey. Founded in 1922, the bank offers a range of deposit and loan products …
What does Magyar Bancorp, Inc. do?
Magyar Bancorp, Inc., through its subsidiary Magyar Bank, provides a range of banking and financial services to individuals, businesses, and nonprofit organizations in New Jersey. These services include deposit accounts, various loan products (residential, commercial, SBA), and financial planning services such as insurance and retirement planning. Magyar Bank operates seven branch offices and focuses on building strong customer relationships within the local communities it serves, emphasizing a community-oriented banking approach.
What do analysts say about MGYR stock?
Analyst coverage of Magyar Bancorp, Inc. (MGYR) is limited, reflecting its size and regional focus. Key valuation metrics, such as the P/E ratio of 10.2, suggest potential undervaluation compared to peers. Growth considerations include the bank's ability to expand its commercial lending operations and enhance its digital banking platform.
What are the main risks for MGYR?
Magyar Bancorp, Inc. faces several risks, including increased competition from larger regional and national banks that have greater resources and broader service offerings. Fluctuations in interest rates can significantly impact the bank's net interest margin, affecting profitability. Regulatory changes in the banking industry could also pose challenges, requiring compliance adjustments and increased costs.
How sensitive is MGYR to interest rate changes?
Magyar Bancorp, Inc.'s profitability is sensitive to changes in interest rates. As a traditional bank, a significant portion of its revenue comes from the net interest margin, which is the difference between the interest income earned on loans and the interest paid on deposits.
How is Magyar Bancorp, Inc. adapting to fintech disruption?
Magyar Bancorp, Inc. is adapting to fintech disruption by investing in its digital banking platform to enhance online and mobile banking services. This includes offering features such as mobile check deposit, online bill pay, and personalized financial management tools.
What are the key factors to evaluate for MGYR?
Magyar Bancorp, Inc. (MGYR) holds an AI score of 88/100 (high). P/E: 10.2x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does MGYR data refresh on this page?
MGYR's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven MGYR's recent stock price performance?
Magyar Bancorp, Inc. (MGYR) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong local market presence in New Jersey. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are as of the latest available reporting period.