Stocktoria
Magyar Bancorp, Inc. MGYR
Magyar Bancorp, Inc. (MGYR) earns a Piotroski F-score of 5/9 (mixed financial health). It pays a dividend yielding 1.58% (safety: safe).
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Finance, Insurance & Real Estate · percentile among 1129 companies
Percentile vs other Finance, Insurance & Real Estate companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Sector peers · similar-size Finance, Insurance & Real Estate companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| MGYR | Magyar Bancorp, Inc. | 5/9 | — | 11.8 | — |
| NRIM | NORTHRIM BANCORP INC | 6/9 | — | 9.6 | +30.4% |
| EBC | Eastern Bankshares, Inc. | 3/9 | — | 57.9 | +19.1% |
| PFS | PROVIDENT FINANCIAL SERVICES INC | 5/9 | — | 10.6 | +7.1% |
| AX | Axos Financial, Inc. | 5/9 | — | 12.6 | +1.8% |
| BKU | BankUnited, Inc. | 7/9 | — | 13.3 | +7.4% |
| CFFN | Capitol Federal Financial, Inc. | 5/9 | — | 15.8 | +6.5% |
All Finance, Insurance & Real Estate companies →
About Magyar Bancorp, Inc.
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. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company provides one-to four-family residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans. In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.
FAQ
Is MGYR financially healthy?
Magyar Bancorp, Inc.'s Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak).
Does MGYR pay a dividend, and is it safe?
Yes. Magyar Bancorp, Inc. pays a dividend yielding about 1.58% with a 18.7% payout ratio, rated “safe” for safety.
How profitable is MGYR?
In FY2025, Magyar Bancorp, Inc. had a return on equity of 8.2%.
Is MGYR overvalued or undervalued?
Magyar Bancorp, Inc. trades at about 12.2× trailing earnings — below its 10-year norm (10-year range 7.6×–70.8×, median 29.3×). Stocktoria reports the data, not buy/sell advice.
Is MGYR a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Magyar Bancorp, Inc.: a Piotroski F-score of 5/9, a P/E of about 11.8×, a dividend yield of 1.58%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.