Recent News
On May 7, 2026 Magyar Bancorp announced inclusion on KBW’s 2026 Bank Honor Roll for consistent long-term earnings growth. The KBW list publication followed KBW’s April announcement naming 17 banks to the 2026 Honor Roll, which included Magyar Bancorp.
Technical Analysis
Directional indicators show bullish bias: DI+ registers 35.57 and trends higher while DI- sits at 23.71 and trends lower, a configuration that favors near-term upside momentum. ADX at 17.52 signals no established trend, implying moves may rely on momentum bursts rather than a sustained directional trend.
MACD reads 0.06 with a dip-and-reversal pattern and stands above its signal line (0.03), indicating a resumption of bullish momentum; that crossover supports the case for continued short-term upside if momentum sustains.
MRO sits positive at 16.37 with a peak-and-reversal characteristic; because the oscillator is positive, price sits above its target and faces a higher probability of pullback toward fair value, adding a moderating influence on momentum-driven gains.
RSI at 52.4 and rising confirms mild buying pressure without overbought extremes. Price (close $18.29) trades above the 20-day average ($17.58) and 200-day average ($17.28); the 12-day EMA shows a dip-and-reversal pattern aligned with MACD. Price slightly exceeds the upper 2x Bollinger band ($18.13), signaling short-term stretch that often precedes consolidation or a shallow retracement.
Volume today (12,778) runs well above the 10-day average (3,628) and the 200-day average (3,817), suggesting the recent move carries participation; higher-than-normal volume supports continuation of the momentum signal but raises sensitivity to follow-through or reversal on subsequent sessions.
Fundamental Analysis
WMDST values the stock as fair-valued. Price-to-book stands at 0.91, below the industry peer mean (1.12) and slightly below the industry peer median (0.998), reflecting a modest valuation discount versus peers. Price-to-sales at 11.23 sits essentially in line with the industry peer mean (11.33) and near the industry peer median (11.01), indicating revenue multiple parity with peers.
Profitability remains modest: return on assets equals 0.29% and return on equity equals 2.44%; return on assets falls marginally above the industry peer mean (0.27%). QoQ profitability shows contraction — ROA QoQ down 6.515% and ROE QoQ down 5.28% — while both ROA and ROE show positive YoY improvements of 8.712% and 4.007% respectively.
Top-line dynamics show mixed signals: revenue growth reads 4.37% on the presented metric but the YoY revenue growth figure shows a -50.69% comparison; QoQ revenue declined about -11.92%. Asset growth sits at 2.19% year-over-year while asset turnover remains low at 0.96% but aligns with the industry peer mean (approximately 1.00%).
Leverage and liquidity present conservative profiles: debt-to-assets equals 4.59%, below the industry peer mean of 9.74%, and debt-to-equity equals 0.395. Cash on the balance sheet totals $47,643,000 with operating cash flow of $3,232,000 and free cash flow of $2,903,000; free cash flow yield equals 2.56%, modestly below the industry peer mean (3.15%). Free cash flow yield declined QoQ by ~19.9% but improved YoY by ~20.85%.
Capital return metrics remain intact: dividend yield equals 0.55% with a payout ratio of 20.73% and dividend coverage near 4.82, showing the dividend remains covered by earnings under current conditions. Cost of debt measures ~8.52%, reflecting funding expense that compresses net interest margin pressure if interest income does not expand.
Brief valuation synthesis: fair-valued status reflects a mix of modest profitability, below-mean leverage, and near-peer revenue multiples. Valuation carries limited upside absent a sustained pick-up in revenue growth or a material expansion in free cash flow yield; conversely, balance-sheet strength reduces downside severity relative to more leveraged peers.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-03-31 |
| REPORT DATE: | 2026-05-22 |
| NEXT REPORT DATE: | 2026-08-21 |
| CASH FLOW | Begin Period Cash Flow | $ 34.1 M |
| Operating Cash Flow | $ 3.2 M | |
| Capital Expenditures | $ -329.00 K | |
| Change In Working Capital | $ -67.00 K | |
| Dividends Paid | $ -628.00 K | |
| Cash Flow Delta | $ 13.5 M | |
| End Period Cash Flow | $ 47.6 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 10.1 M | |
| Forward Revenue | — | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | $ 213.0 K | |
| Depreciation and Amortization | $ 213.0 K | |
| Research and Development | — | |
| Total Operating Expenses | — | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | — | |
| EBIT | — | |
| Operating Income | — | |
| Interest Income | $ 15.0 M | |
| Interest Expense | $ 5.7 M | |
| Net Interest Income | $ 9.2 M | |
| Income Before Tax | $ 4.3 M | |
| Tax Provision | $ 1.2 M | |
| Tax Rate | 29.0 % | |
| Net Income | $ 3.0 M | |
| Net Income From Continuing Operations | $ 3.0 M | |
| EARNINGS | ||
| EPS Estimate | — | |
| EPS Actual | — | |
| EPS Difference | — | |
| EPS Surprise | — | |
| Forward EPS | — | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 1.1 B | |
| Intangible Assets | — | |
| Net Tangible Assets | $ 124.2 M | |
| Total Current Assets | — | |
| Cash and Short-Term Investments | — | |
| Cash | $ 47.6 M | |
| Net Receivables | $ 5.9 M | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | $ 1.2 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | — | |
| Net Debt | $ 1.4 M | |
| Total Debt | $ 49.1 M | |
| Total Liabilities | $ 944.2 M | |
| EQUITY | ||
| Total Equity | $ 124.2 M | |
| Retained Earnings | $ 71.6 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 19.19 | |
| Shares Outstanding | 6.469 M | |
| Revenue Per-Share | $ 1.56 | |
| VALUATION | Market Capitalization | $ 113.3 M |
| Enterprise Value | $ 162.4 M | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | 16.093 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 8.605 | |
| Asset To Liability | 1.131 | |
| Debt To Capital | 0.283 | |
| Debt To Assets | 0.046 | |
| Debt To Assets QoQ | -2.153 % | |
| Debt To Assets YoY | 38.283 % | |
| Debt To Assets IPRWA | high: 0.311 median: 0.101 mean: 0.097 MGYR: 0.046 low: 0.008 |
|
| Debt To Equity | 0.395 | |
| Debt To Equity QoQ | -1.938 % | |
| Debt To Equity YoY | 33.111 % | |
| Debt To Equity IPRWA | high: 2.929 mean: 0.837 MGYR: 0.395 median: 0.344 low: 0.07 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 0.913 | |
| Price To Book QoQ | -3.223 % | |
| Price To Book YoY | -2.933 % | |
| Price To Book IPRWA | high: 2.252 mean: 1.118 median: 0.998 MGYR: 0.913 low: 0.488 |
|
| Price To Earnings (P/E) | — | |
| Price To Earnings QoQ | — | |
| Price To Earnings YoY | — | |
| Price To Earnings IPRWA | — | |
| PE/G Ratio | — | |
| Price To Sales (P/S) | 11.231 | |
| Price To Sales QoQ | -5.554 % | |
| Price To Sales YoY | -4.431 % | |
| Price To Sales IPRWA | high: 27.157 mean: 11.332 MGYR: 11.231 median: 11.008 low: 1.382 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | — | |
| Forward PE/G | — | |
| Forward P/S | — | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | — | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.01 | |
| Asset Turnover Ratio QoQ | 1.058 % | |
| Asset Turnover Ratio YoY | 5.993 % | |
| Asset Turnover Ratio IPRWA | high: 0.017 mean: 0.01 median: 0.01 MGYR: 0.01 low: 0.001 |
|
| Receivables Turnover | 1.759 | |
| Receivables Turnover Ratio QoQ | 3.766 % | |
| Receivables Turnover Ratio YoY | 0.88 % | |
| Receivables Turnover Ratio IPRWA | high: 3.934 median: 2.178 mean: 2.104 MGYR: 1.759 low: 0.48 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 51.879 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | — | |
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | -0.033 | |
| CapEx To Depreciation | -1.545 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 173.2 M | |
| Net Invested Capital | $ 173.2 M | |
| Invested Capital | $ 173.2 M | |
| Net Tangible Assets | $ 124.2 M | |
| Net Working Capital | — | |
| LIQUIDITY | ||
| Cash Ratio | — | |
| Current Ratio | — | |
| Current Ratio QoQ | — | |
| Current Ratio YoY | — | |
| Current Ratio IPRWA | — | |
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | 8.517 % | |
| Interest Coverage Ratio | — | |
| Interest Coverage Ratio QoQ | — | |
| Interest Coverage Ratio YoY | — | |
| Interest Coverage Ratio IPRWA | — | |
| Operating Cash Flow Ratio | — | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 4.825 | |
| Dividend Payout Ratio | 0.207 | |
| Dividend Rate | $ 0.10 | |
| Dividend Yield | 0.006 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 2.19 % | |
| Revenue Growth | 4.367 % | |
| Revenue Growth QoQ | -11.92 % | |
| Revenue Growth YoY | -50.694 % | |
| Revenue Growth IPRWA | high: 17.724 % MGYR: 4.367 % mean: 0.985 % median: 0.677 % low: -18.037 % |
|
| Earnings Growth | — | |
| Earnings Growth QoQ | — | |
| Earnings Growth YoY | — | |
| Earnings Growth IPRWA | — | |
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | — | |
| EBIT Margin QoQ | — | |
| EBIT Margin YoY | — | |
| EBIT Margin IPRWA | — | |
| Return On Sales (ROS) | — | |
| Return On Sales QoQ | — | |
| Return On Sales YoY | — | |
| Return On Sales IPRWA | — | |
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 2.9 M | |
| Free Cash Flow Yield | 2.562 % | |
| Free Cash Flow Yield QoQ | -19.887 % | |
| Free Cash Flow Yield YoY | 20.849 % | |
| Free Cash Flow Yield IPRWA | high: 11.345 % median: 3.439 % mean: 3.154 % MGYR: 2.562 % low: -3.242 % |
|
| Free Cash Growth | -20.921 % | |
| Free Cash Growth QoQ | -166.651 % | |
| Free Cash Growth YoY | 107.818 % | |
| Free Cash Growth IPRWA | high: 223.01 % MGYR: -20.921 % median: -45.338 % mean: -80.432 % low: -365.339 % |
|
| Free Cash To Net Income | 0.958 | |
| Cash Flow Margin | 29.735 % | |
| Cash Flow To Earnings | 0.99 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.05 | |
| Return On Assets (ROA) | 0.287 % | |
| Return On Assets QoQ | -6.515 % | |
| Return On Assets YoY | 8.712 % | |
| Return On Assets IPRWA | high: 0.624 % MGYR: 0.287 % mean: 0.27 % median: 0.252 % low: -0.225 % |
|
| Return On Capital Employed (ROCE) | — | |
| Return On Equity (ROE) | 0.024 | |
| Return On Equity QoQ | -5.28 % | |
| Return On Equity YoY | 4.007 % | |
| Return On Equity IPRWA | high: 0.045 median: 0.024 MGYR: 0.024 mean: 0.019 low: -0.037 |
|
| DuPont ROE | 2.466 % | |
| Return On Invested Capital (ROIC) | — | |
| Return On Invested Capital QoQ | — | |
| Return On Invested Capital YoY | — | |
| Return On Invested Capital IPRWA | — | |