Magyar Bancorp (MGYR) Financial Statements & Analysis

Magyar Bancorp (MGYR) Income Statement

Magyar Bancorp reported revenue of $35.61M in fiscal 2025 (fiscal year ended Sep 30, 2025), down 31.7% from $52.12M a year earlier. Net income was $9.76M, up 25.4% year over year, a net margin of 27.4%. Gross margin was 98.9% and operating margin 38.8%. In the most recent quarter, Q3 fiscal 2026 (ended Jun 30, 2026), revenue was $9.88M, up 12.2% from the same quarter a year earlier.

Magyar Bancorp Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Magyar Bancorp, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017
Revenue & Gross Profit
Revenue	35.61	52.12	30.41	29.73	27.37	28.34	28.95	26.15	23.71
Cost of Revenue	23.21	20.69	10.72	2.79	4.57	7.18	7.38	5.65	5.12
Gross Profit	35.21	31.44	30.03	29.43	27.05	21.16	21.58	20.50	18.59
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	14.39	13.44	12.62	11.69	5.90	10.96	10.66	10.32	9.82
Operating Expenses	21.40	20.34	19.29	18.26	18.32	18.05	17.31	17.00	16.18
Operating Income	13.81	11.10	10.74	11.17	8.73	3.11	4.26	3.50	2.42
Other Income/Expense
Interest Income	54.71	48.57	38.07	29.50	28.53	26.93	27.10	24.35	21.98
Interest Expense	22.81	20.60	10.33	2.48	2.94	5.51	6.71	4.65	3.77
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	13.81	11.10	10.74	11.17	8.73	3.11	4.26	3.50	2.42
Income Tax Expense	4.05	3.32	3.03	3.25	2.61	0.92	1.27	1.47	0.99
Net Income	9.76	7.78	7.71	7.92	6.12	2.19	3.00	2.03	1.42
Net Income - Continuous Operations	9.76	7.78	7.71	7.92	6.12	2.19	3.00	2.03	1.42
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	0.94	11.99	0.84	12.01	0.84	3.97	5.13	4.36	3.23
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	0.94	0.89	0.84	0.84	0.84	0.85	0.87	0.86	0.82
Earnings Per Share
Basic EPS	2.00	1.00	1.00	1.00	1.00	-	1.00	-	-
Diluted EPS	2.00	1.00	1.00	1.00	1.00	-	1.00	-	-
Basic Shares Outstanding	6.22	6.34	6.42	6.77	6.04	5.76	5.87	5.80	5.93
Diluted Shares Outstanding	6.26	6.34	6.42	6.77	6.04	5.76	5.87	5.80	5.93

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Magyar Bancorp Financial Statements

What was Magyar Bancorp's revenue in fiscal 2025?

Magyar Bancorp reported revenue of $35.61M in fiscal 2025 (fiscal year ended Sep 30, 2025). That was down 31.7% from $52.12M a year earlier.

Is Magyar Bancorp profitable?

Yes. Magyar Bancorp earned net income of $9.76M in fiscal 2025, a net margin of 27.4%. In fiscal 2024 it earned $7.78M.

What is Magyar Bancorp's operating margin?

Magyar Bancorp's operating income was $13.81M on revenue of $35.61M in fiscal 2025, an operating margin of 38.8%, compared with 21.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition