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Magyar Bancorp Inc (MGYR)

Magyar Bancorp Inc (MGYR)
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Magyar Bancorp, Inc. is the parent company of Magyar Bank in New Brunswick, New Jersey. Magyar Bank offers a complete line of retail and business banking products with offices in New Brunswick, North Brunswick and South Brunswick, New Jersey. It offers low-to-moderate income mortgages that provide home ownership opportunities to many families & help stabilize urban neighborhoods. It invests in communities by offering business loans resulting in employment opportunites. They are committed to provide service that consistently exceeds the needs of customers and clients. They believe that quality personlized service will result in long-term customer & business relationships.

Fiscal Year End Date: 09/30

(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Sales 58,420 52,180 40,750 32,220 31,940
Sales Growth +11.96% +28.05% +26.47% +0.88% +11.52%
Net Income 9,760 7,780 7,710 7,920 6,120
Net Income Growth +25.45% +0.91% -2.65% +29.41% +179.45%
(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Total Assets 997,660 951,920 907,290 798,540 773,990
Total Assets Growth +4.81% +4.92% +13.62% +3.17% +2.65%
Total Liabilities 878,820 841,370 802,500 700,040 676,350
Total Liabilities Growth +4.45% +4.84% +14.64% +3.50% -2.98%
(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Operating Cash Flow 10,390 6,320 8,480 11,200 9,260
Operating Cash Flow Growth +64.40% -25.47% -24.29% +20.95% +1,043.21%
Net Cash Flow -18,510 -46,940 41,600 -44,270 13,480
Change in Net Cash Flow +60.57% -212.84% +193.97% -428.41% -66.52%
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