Magyar Bancorp (MGYR) AGM presentation summary

Company overview and branch network

• Operates as a New Jersey-chartered savings bank with $1.045 billion in assets, $876 million in loans, and $859 million in deposits as of December 31, 2025.

• Runs seven branches across New Brunswick, North Brunswick, South Brunswick, Branchburg, Martinsville, and two in Edison.

Financial and operational highlights

• Achieved record earnings of $9.8 million in 2025, a 25% increase from 2024, with EPS rising to $1.56.

• MGYR stock price rose 40% from September 2024 to September 2025; book value per share reached $18.79 by year-end 2025.

• Completed a second share repurchase and authorized a third; increased quarterly dividend to $0.10 in January 2026.

• Recognized as a 5-star bank by Bauer Financial and named to the 2025 KBW Honor Roll for consistent earnings growth.

Asset, loan, and deposit trends

• Total assets grew at a 6.5% CAGR, reaching $1.045 billion by December 2025.

• Loans grew at a 9.6% CAGR, with commercial real estate (CRE) and residential loans as major components.

• Deposits increased at a 6.2% CAGR, totaling $859 million at year-end 2025.