
MGYR · NASDAQ
Magyar Bancorp, Inc.
$20.15 -0.18 (-0.89%)
Company overview
Magyar Bancorp, Inc. operates as the holding company for Magyar Bank, providing consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey. The bank accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. It offers residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, construction loans, and small business administration loans. Additionally, the company provides non-deposit investment products and financial planning services, such as insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers, as well as buying, selling, and holding investment securities.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Exchange
- NASDAQ
- Market cap
- $130M
- Employees
- 91
- Headquarters
- New Brunswick, NJ
- Website
- magbank.com
- CEO
- John S. Fitzgerald
- Listed
- January 24, 2006
- P/E
- 11.19
- Dividend yield
- 1.99%
Company financials
- Revenue
- $60.9M
- Gross profit
- $37.2M
- Operating income
- $15.7M
- EBITDA
- $16.1M
- Net income
- $11.2M
- EPS
- $1.80
- Total assets
- $1.1B
- Total debt
- $50.9M
- Gross margin
- 61.05%
- Net margin
- 18.32%
- Earnings yield
- 8.93%