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Magyar Bancorp, Inc. (MGYR) is a financial services company in the US eastern thrift banks industry, based in New Brunswick, United States, with about 91 full-time employees.
It reported revenue of $35.61 million for fiscal year 2025, up 12.9% from fiscal year 2024, and net income of $9.76 million. In Q1 2026 (the quarter ended December 31, 2025) revenue was $9.66 million, up 14.9% from a year before. Its market capitalization was $121.04 million as of October 5, 2026.
Figures from company filings and market data; latest fiscal year ended September 30, 2025; market data as of October 5, 2026.
Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States.
Magyar Bancorp reported $35.61 million in revenue for fiscal year 2025, up 12.9% from $31.53 million in fiscal year 2024. In Q1 2026 revenue was $9.66 million.
$121.04 million as of October 5, 2026.
Listed companies of a similar size in the same industry (US eastern thrift banks) include Northeast Community Bancorp, Inc. (NECB), Western New England Bancorp, Inc. (WNEB), Lake Shore Bancorp, Inc. (LSBK), Harleysville Financial Corporation (HARL).