Magyar Bank Overview

  • Year Founded
  • 1922

Year Founded

  • Status
  • Public

  • Employees
  • 98

Employees

  • Stock Symbol
  • MGYR

Stock Symbol

  • Share Price
  • $21.95
  • (As of Friday Closing)

Magyar Bank General Information

Description

Magyar Bancorp Inc is an independent, community financial services provider offering traditional banking services to individual, business, and government customers. The Company attracts retail deposits through its main office in New Brunswick, New Jersey, and branch offices in Middlesex and Somerset Counties, and invests those funds mainly in commercial and residential real estate loans, commercial business loans, SBA loans, home equity loans and lines of credit, construction and land loans, and investment securities. Revenues are derived mainly from interest on loans and securities and from fees and service charges, with lending relationships focused on small to mid-sized businesses and individual consumers in central and northern New Jersey.

Contact Information

Website
www.magbank.com
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 400 Somerset Street
  • New Brunswick, NJ 08901
  • United States
+1 (732)
Primary Industry
Regional Banks
Stock Exchange
NAS
Corporate Office
  • 400 Somerset Street
  • New Brunswick, NJ 08901
  • United States
+1 (732)

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Magyar Bank Stock Performance

As of 13-Nov-2026, Magyar Bank’s stock price is $21.95. Its current market cap is $142M with 6.46M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$21.95 $21.94 $16.03 - $23.99 $142M 6.46M 4.68K $2.02

Magyar Bank Financials Summary

As of 30-Sep-2026, Magyar Bank has a trailing 12-month revenue of $40.6M.

In Thousands,
USD 		TTM 30-Sep-2026 FY 2026 30-Sep-2026 FY 2025 31-Dec-2025 FY 2024 30-Sep-2024
Revenue 40,599 40,599 35,609 31,527
Net Income 12,561 12,561 9,760 7,783
Total Assets 1,086,164 1,086,164 997,660 951,918
Total Debt 887,336 887,336 863,361 825,242
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Magyar Bank Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Magyar Bank Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Magyar Bancorp Inc is an independent, community financial services provider offering traditional banking services to ind
Regional Banks
New Brunswick, NJ
98 As of 2025

Boston, MA
 

Schenectady, NY
 
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Magyar Bank Competitors (4)

One of Magyar Bank’s 4 competitors is Beacon Financial (Massachusetts), a Corporation company based in Boston, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Beacon Financial (Massachusetts) Corporation Boston, MA
Trustco Bank Corporation Schenectady, NY
Midwest BankCentre Venture Capital-Backed Saint Louis, MO
Florence Bank Failed Transaction (M&A) Florence, MA
To view Magyar Bank’s complete competitors history, request access »

Magyar Bank Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Magyar Bank ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Banks

Industry

Rank

Percentile

Thrifts and Mortgages

Subindustry

Rank

Percentile

To view Magyar Bank’s complete esg history, request access »

Magyar Bank FAQs

  • When was Magyar Bank founded?

    Magyar Bank was founded in 1922.

  • Where is Magyar Bank headquartered?

    Magyar Bank is headquartered in New Brunswick, NJ.

  • What is the size of Magyar Bank?

    Magyar Bank has 98 total employees.

  • What industry is Magyar Bank in?

    Magyar Bank’s primary industry is Regional Banks.

  • Is Magyar Bank a private or public company?

    Magyar Bank is a Public company.

  • What is Magyar Bank’s stock symbol?

    The ticker symbol for Magyar Bank is MGYR.

  • What is the current stock price of Magyar Bank?

    As of 13-Nov-2026 the stock price of Magyar Bank is $21.95.

  • What is the current market cap of Magyar Bank?

    The current market capitalization of Magyar Bank is $142M.

  • What is Magyar Bank’s current revenue?

    The trailing twelve month revenue for Magyar Bank is $40.6M.

  • Who are Magyar Bank’s competitors?

    Beacon Financial (Massachusetts), Trustco Bank, Midwest BankCentre, and Florence Bank are competitors of Magyar Bank.

  • What is Magyar Bank’s annual earnings per share (EPS)?

    Magyar Bank’s EPS for 12 months was $2.02.

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