Magyar Bancorp, Inc.MGYREarnings & Financial Report
Nasdaq
Magyar Bank is a bank based in New Brunswick, New Jersey with branches in Central Jersey.
NextMay 13, 2026
MGYR Q1 2026 Key Financial Metrics
Revenue
$8.9M
Gross Profit
N/A
Operating Profit
$4.3M
Net Profit
$3.1M
Gross Margin
N/A
Operating Margin
48.3%
Net Margin
35.4%
YoY Growth
19.0%
EPS
$0.50
Financial Flow
Magyar Bancorp, Inc. Q1 2026 Financial Summary
Magyar Bancorp, Inc. reported revenue of $8.9M for Q1 2026, with a net profit of $3.1M (35.4% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $8.9M |
|---|---|
| Net Profit | $3.1M |
| Gross Margin | N/A |
| Operating Margin | 48.3% |
| Report Period | Q1 2026 |
Magyar Bancorp, Inc. Annual Revenue by Year
Magyar Bancorp, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $31.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $31.9M |
| 2024 | $28.0M |
| 2023 | $27.7M |
| 2022 | $27.0M |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.9M | $6.8M | $7.0M | $7.4M | $7.9M | $8.2M | $8.4M | $8.9M |
| YoY Growth | -0.3% | -1.5% | 0.2% | 2.8% | 13.8% | 20.5% | 19.6% | 19.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $928.6M | $944.4M | $951.9M | $1.01B | $1.02B | $987.5M | $997.7M | $1.05B |
| Liabilities | $820.9M | $835.3M | $841.4M | $896.7M | $907.6M | $871.2M | $878.8M | $923.8M |
| Equity | $107.6M | $109.0M | $110.5M | $111.7M | $114.3M | $116.3M | $118.8M | $121.7M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $553000 | $1.7M | $855000 | $2.9M | $2.4M | $2.3M | $2.8M | $3.7M |