Magyar Bancorp, Inc.

NGM: MGYR
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📈 ZcoreAI Score

Our AI model analyzes Magyar Bancorp, Inc.'s price action across multiple timeframes using regression channels and statistical scoring.

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About Magyar Bancorp, Inc.

Financial Services Banks - Regional
Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company provides one-to four-family residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans. In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.

📊 Fundamental Analysis

Magyar Bancorp, Inc. demonstrates a healthy profit margin of 29.6%.

The company recently reported 16.1% revenue growth, which is well above average for the Financial Services sector.

Return on Equity (ROE) is 9.3%, which suggests room for improvement in capital utilization.

At a current price of $17.88, MGYR currently sits at the 67th percentile of its 52-week range (Range: $13.62 - $20.00).

💰 Valuation Insight

MGYR is valued broadly in line with the sector at a PE of 10.34.

🏥 Financial Health

⚠️ Profit Margin Moderate
Revenue Growth Excellent
🔴 Return on Equity Weak
Beta (Risk) Low Volatility

Key Financials

Market Cap
$115.83M
Trailing P/E
10.34
Forward P/E
--
Beta (5Y)
0.24
52W High
$20.00
52W Low
$13.62
Avg Volume
6K
Day High
Day Low
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