Magyar Bancorp
MGYR
Market cap $103M

15.87 USD

-0.03

0.19%

At close Jun 13, 4:00 PM EDT

1 day

-0.19%

5 days

0.13%

1 month

7.59%

3 months

9.37%

6 months

8.92%

Year to date

9.30%

1 year

46.00%

5 years

67.05%

10 years

46.67%

About: Magyar Bancorp Inc is a mid-tier stock holding company. The Company offers a full array of commercial and retail financial services, including the taking of time, savings and demand deposits; the making of commercial, consumer and home equity loans; and the provision of other financial services. The business consists of getting retail deposits from the general public in the areas surrounding the main office in New Brunswick, New Jersey and branch offices located in Middlesex and Somerset Counties, New Jersey, and investing those deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, Small Business Administration loans.

Employees: 101

Financials Banks - Regional

0

Funds holding %

of 7,296 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

0.04% more ownership

Funds ownership: 31.13% [Q4 2024] → 31.18% (+0.04%) [Q1 2025]

5% less capital invested

Capital invested by funds: $29.4M [Q4 2024] → $28.1M (-$1.34M) [Q1 2025]

6% less funds holding

Funds holding: 18 [Q4 2024] → 17 (-1) [Q1 2025]

17% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 6

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 1

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for MGYR.

See Analyst Rankings

Financial journalist opinion

MAGYAR BANCORP, INC. ANNOUNCES STOCK REPURCHASE PROGRAM

NEW BRUNSWICK, N.J. , May 22, 2025 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) announced today it has completed the stock repurchase program authorized December 8, 2022, repurchasing 337,146 shares at an average price of $12.23, and that its Board of Directors has authorized an additional stock repurchase program pursuant to which the Company intends to repurchase up to 5% of its outstanding shares, or up to 323,547 shares.

MAGYAR BANCORP, INC. ANNOUNCES STOCK REPURCHASE PROGRAM

Magyar Bancorp Named to 2025 KBW Bank Honor Roll

NEW BRUNSWICK, N.J. , May 12, 2025 /PRNewswire/ -- Magyar Bancorp, Inc. (Nasdaq: MGYR), the parent company of Magyar Bank, was recently recognized by KBW as a member of their 2025 Bank Honor Roll, comprising 16 elite, high-performing Banks with the strongest and/or most consistent earnings growth over the past decade.

Magyar Bancorp Named to 2025 KBW Bank Honor Roll

MAGYAR BANCORP, INC. ANNOUNCES SECOND QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND

NEW BRUNSWICK, N.J. , April 30, 2025 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and six months ended March 31, 2025.

MAGYAR BANCORP, INC. ANNOUNCES SECOND QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND

MAGYAR BANCORP, INC. ANNOUNCES FIRST QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND

NEW BRUNSWICK, N.J. , Jan. 23, 2025 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three months ended December 31, 2024.

MAGYAR BANCORP, INC. ANNOUNCES FIRST QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND

MAGYAR BANCORP, INC. DECLARES SPECIAL CASH DIVIDEND

NEW BRUNSWICK, N.J. , Nov. 22, 2024 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) announced that its Board of Directors has declared a special cash dividend of $0.04, payable December 20, 2024 to shareholders of record on December 6, 2024.

MAGYAR BANCORP, INC. DECLARES SPECIAL CASH DIVIDEND

MAGYAR BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS, DECLARES QUARTERLY DIVIDEND

NEW BRUNSWICK, N.J. , Oct. 31, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and fiscal year ended September 30, 2024.

MAGYAR BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS, DECLARES QUARTERLY DIVIDEND

MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS, DECLARES DIVIDEND, APPOINTS MICHAEL R.

NEW BRUNSWICK, N.J. , July 25, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and nine months ended June 30, 2024.

MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS, DECLARES DIVIDEND, APPOINTS MICHAEL R.

MAGYAR BANCORP, INC. ANNOUNCES SECOND QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND

NEW BRUNSWICK, N.J. , April 23, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and six months ended March 31, 2024.

MAGYAR BANCORP, INC. ANNOUNCES SECOND QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND

MAGYAR BANCORP, INC. ANNOUNCES FIRST QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND

NEW BRUNSWICK, N.J. , Jan. 25, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three months ended December 31, 2023.

MAGYAR BANCORP, INC. ANNOUNCES FIRST QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND

MAGYAR BANCORP, INC. DECLARES SPECIAL CASH DIVIDEND

NEW BRUNSWICK, N.J. , Nov. 14, 2023 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) announced that its Board of Directors has declared a special cash dividend of $0.07, payable December 12, 2023 to shareholders of record on November 28, 2023.

MAGYAR BANCORP, INC. DECLARES SPECIAL CASH DIVIDEND

See News Rankings

Charts implemented using Lightweight Charts™