Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Magyar Bancorp ( (MGYR) ) has shared an update.
At its February 11, 2026 annual shareholders meeting, Magyar Bancorp highlighted record fiscal 2025 earnings of $9.8 million, a 25% increase from 2024, supported by 10% loan growth, expanding net interest margin and strong asset quality with low non-performing assets. Earnings per share rose to $1.56, book value per share climbed to $18.79 by December 31, 2025, and the stock price advanced 40% from September 30, 2024 to September 30, 2025, with shares closing at $18.40 on February 6, 2026, up 84% from the July 15, 2021 second-step IPO price.
The company underscored its strengthened positioning through continued recognition as a 5-star bank by Bauer Financial and inclusion on the 2025 KBW Honor Roll for consistent earnings growth, alongside completion of a second share repurchase program and authorization of a third, plus a 25% dividend increase to $0.10 per quarter in January 2026. Management outlined a 2026 focus on managing interest-rate risk, cybersecurity and cost control, including a planned Edison office relocation for savings, further use of technology to boost branch efficiency, potential branch expansion, and leveraging its community banking model and commercial loan repricing to support net interest margin expansion and enhance shareholder value.
Operational metrics showed total assets rising to $1.045 billion, loans to $876 million and deposits to $859 million by year-end 2025, with deposit mixes shifting while funding costs eased as market rates declined. Loan origination in 2025 totaled $163 million, heavily weighted toward commercial real estate, and the bank’s net interest margin remained above that of a peer group of similarly sized Mid-Atlantic banks, signaling competitive pricing power and disciplined funding costs.
Non-performing assets as a percentage of total assets stayed relatively low through 2025 despite a modest uptick, underscoring resilient credit quality in the New Jersey market. For stakeholders, the combination of strong earnings momentum, disciplined risk and cost management and continued capital returns via buybacks and dividends suggests Magyar is seeking to consolidate its status as a high-performing community bank while cautiously evaluating selective growth opportunities in its core markets.
The most recent analyst rating on (MGYR) stock is a Hold with a $19.50 price target. To see the full list of analyst forecasts on Magyar Bancorp stock, see the MGYR Stock Forecast page.
Spark’s Take on MGYR Stock
According to Spark, TipRanks’ AI Analyst, MGYR is a Outperform.
MGYR scores well primarily on improving financial performance (higher profits and stronger cash flow in 2025) and attractive valuation (low P/E with a dividend). Technicals are supportive but not strongly trending, while the latest corporate update adds a positive catalyst with better credit quality and continued shareholder returns.
To see Spark’s full report on MGYR stock, click here.
More about Magyar Bancorp
Magyar Bancorp, Inc. is the parent of Magyar Bank, a New Jersey‑chartered savings bank founded in 1922 that trades on Nasdaq under the symbol MGYR. As of December 31, 2025, the community-focused lender held $1.045 billion in assets, $876 million in loans and $859 million in deposits, operating from its New Brunswick headquarters and six additional branches across central New Jersey.
The bank’s portfolio is concentrated in commercial real estate, residential and commercial lending, with a CRE ratio of 273% at year-end 2025. It serves its local markets through relationship-based community banking, offering checking, savings, money market and CD products alongside residential, commercial, construction and SBA loans.
Magyar’s deposits are sourced primarily through its branch network, excluding brokered funds from branch totals. The bank has also been active in capital management, including share repurchases and dividend payments, reflecting a focus on shareholder returns alongside balance sheet growth.
Average Trading Volume: 3,866
Technical Sentiment Signal: Buy
Current Market Cap: $119.2M
Learn more about MGYR stock on TipRanks’ Stock Analysis page.