Magyar Bancorp, Inc. · NASDAQ:MGYR
Magyar Bancorp — Shareholder Meeting (February 2026)
26 slides from Magyar Bancorp's shareholder meeting presentation, Feb 11, 2026
Slide 1: 2026 Annual Shareholders Meeting
2026 Annual Shareholders Meeting February 11, 2026
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains statements about future events that constitute forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward- looking statements may be identifi
Slide 3: Magyar Bancorp, Inc. Overview
Magyar Bancorp, Inc. Overview ▪ Magyar Bank, a New Jersey chartered savings bank originally founded in 1922, is the wholly owned subsidiary of Magyar Bancorp, Inc. ▪ Magyar Bancorp, Inc., trades on NASDAQ under the symbol MGYR. ▪ As of December 31, 2025, we had $1.045 billion in total assets, $876 m
Slide 4: Magyar Bank Branch Locations
Magyar Bank Branch Locations 4
Slide 5: Deposits by Branch
Deposits by Branch $400 Total Deposits By Branch $362 $346 $350 Total Deposits - 12/31/24 Total Deposits - 12/31/25 $300 $250 $200 $150 $127 $127 $103 $104 $100 $86 $73 $65 $59 $48 $50 $42 $42 $31 $0 Totals exclude brokered deposits.
Slide 6: 2025 Highlights
2025 Highlights ▪ Record earnings of $9.8 million, 25% increase from 2024 ▪ 40% increase in MGYR stock price from September 30, 2024 to September 30, 2025 ▪ 10% Loan Growth ▪ Earnings Per Share increased to $1.56 from $1.23 ▪ Completion of second share repurchase program in May 2025, authorized thir
Slide 7: 2025 Highlights
2025 Highlights ▪ Recognized as 5-star Bank by Bauer Financial ▪ This is the highest rating given by Bauer ▪ Named to 2025 KBW Honor Roll ▪ Second consecutive year being named ▪ Recognizes high performing banks with the strongest and/or most consistent earnings growth over the past decade 7
Slide 8: Financial Highlights
Financial Highlights Magyar Bank Simply Magnificent for over 100 Years
Slide 9: Asset Trend
Asset Trend $1,100 $1,045 $998 $1,000 $952 $907 Dollars in Millions $900 $774 $799 $800 $700 $600 $500 $400 $300 Loans Investments & Cash Other 9
Slide 10: Loan Composition
Loan Composition $1,000 $900 $857 $876 $800 $780 $698 Dollars in Millions $700 $629 $600 $594 $500 $400 $300 $200 $100 $- 9/30/21 9/30/22 9/30/23 9/30/24 9/30/25 12/31/25 1-4 Family Residential Commercial Real Estate (CRE) Construction Commercial/Business Home Equity Loans and Lines of Credit Other
Slide 11: Additional CRE Detail
Additional CRE Detail 140,000 23.8% 25.0% CRE Ratio – 273% 120,000 20.0% 20.0% Percentage of CRE Loans 17.5% 100,000 Dollars in Thousands 14.2% 15.0% 80,000 10.5% 60,000 8.0% 10.0% 40,000 6.0% 5.0% 20,000 - 0.0% Owner Occupied - 43.7% Non-Owner Occupied - 56.3% % of CRE Loans As of 12/31/25 11
Slide 12: FY 2025 Loan Origination
FY 2025 Loan Origination Commercial 6% Residential/Home Equity 20% $163 Million Total Construction 4% SBA 10% Commercial RE 60% 12
Slide 13: Non-Performing Assets/Assets
Non-Performing Assets/Assets 2.00% 1.50% 1.14% 1.00% 0.60% 0.50% 0.39% 0.42% 0.26% 0.03% 0.00% 9/30/21 9/30/22 9/30/23 9/30/24 9/30/25 12/31/25 Non-Performing Loans Other Real Estate Owned 13
Slide 14: Deposit Composition
Deposit Composition $1,000 $900 $859 $797 $814 $800 $755 $700 $668 Dollars in Millions $640 $600 $500 $400 $300 $200 $100 $0 9/30/21 9/30/22 9/30/23 9/30/24 9/30/25 12/31/25 CDs (inc. IRA) Savings Accounts Money Market Accounts Checking 14
Slide 15: Lower Interest Rates Led to Lower Funding Costs
Lower Interest Rates Led to Lower Funding Costs 7.00% 5.91% 5.90% 6.00% 5.68% 5.74% 5.59% 5.00% 4.33% 4.33% 4.33% 4.09% 4.00% 3.64% 3.05% 3.02% 3.02% 3.10% 2.96% 3.00% 2.00% 1.00% 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 Yield on interest earning assets Cost of interest bearing funding Ef
Slide 16: Quarterly Net Interest Margin
Quarterly Net Interest Margin 3.70% 3.59% 3.60% 3.47% 3.50% 3.40% 3.35% 3.45% 3.27% 3.30% 3.22% 3.31% 3.20% 3.26% 3.08% 3.10% 3.13% 3.12% 3.09% 3.00% 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 MGYR Net Interest Margin Average NIM - Peer Group Peer Group – Mid Atlantic Banks with A
Slide 17: Net Income
Net Income $12,000 $10,000 $9,760 $7,919 $7,709 $7,783 $8,000 Dollars in Thousands $6,120 $6,000 $4,000 $3,136 $2,000 $0 FY21 FY22 FY23 FY24 FY25 Q126 17
Slide 18: Earnings Per Share
Earnings Per Share $1.80 7,500,000 $1.60 $1.56 7,000,000 $1.40 $1.20 $1.23 6,500,000 Number of Shares $1.17 $1.20 Earnings Per Share $1.01 $1.00 6,000,000 $0.80 5,500,000 $0.60 $0.50 5,000,000 $0.40 4,500,000 $0.20 $- 4,000,000 FY21 FY22 FY23 FY24 FY25 Q126 EPS (Diluted) Shares Outstanding 18
Slide 19: Book Value Per Share
Book Value Per Share $20.00 $18.79 $18.34 $18.00 $16.98 $16.00 $15.70 $14.60 $14.00 $12.00 $10.00 $8.00 9/30/22 9/30/23 9/30/24 9/30/25 12/31/25 19
Slide 20: Stock Price Performance
Stock Price Performance Magyar Bank Simply Magnificent for over 100 Years
Slide 21: MGYR LTM Stock Performance
MGYR LTM Stock Performance 30% MGYR 25% 26.3% 20% 15% 10% KRX 9.9% 5% 0% (5%) (10%) (15%) (20%) (25%) (30%) 2/ 6/ 25 3/ 30/ 25 5/ 21/ 25 7/ 12/ 25 9/ 2/ 25 10/ 24/ 25 12/ 15/ 25 2/ 5/ 26 Stock price on 2/6/2026 - $18.40 21
Slide 22: MGYR Stock Performance Since IPO
MGYR Stock Performance Since IPO Price ($) Vol Price Volume (shares 000's) 20.00 75 MGYR 18.00 84% 16.00 50 14.00 12.00 25 10.00 8.00 6.00 Stock price on 2/6/2026 - $18.40 Second Step IPO Date of 7/15/2021 at $10.00 per share. 22
Slide 23: Fiscal Year 2026 Outlook
Fiscal Year 2026 Outlook Magyar Bank Simply Magnificent for over 100 Years
Slide 24: Fiscal Year 2026 Outlook
Fiscal Year 2026 Outlook • Manage interest rate risk • IT Cybersecurity • Continued focus on non-interest expenses – Edison Inman Avenue office move expected to produce significant cost savings – Utilize technology to achieve more efficient branches • Evaluate additional branch locations based on ma
Slide 25: Fiscal Year 2026 Outlook
Fiscal Year 2026 Outlook • Enhance shareholder value – Stock buyback – Increased quarterly dividend by 25% • Continued emphasis on community banking strategy to grow the business – Identify quality residential and commercial lending opportunities – Focused on relationship banking, not just transacti
Slide 26: Questions?
Questions? Magyar Bank Sumply Magnificent for over 100 Years