What is 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.
MGYR · Verdict
Solid reward · moderate risk
MGYR stands out on volatility and profitability, but watch the balance sheet signal.
Based on 88% data coverage
MGYR · Verdict
Top decile vs peers
17% net margin · 9% ROE
Interest covered 0.6×
Model-based scoring. For information only — not financial advice.
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 is listed on the NASDAQ in USA, operating in the Financial Services sector, with a market capitalisation of 108.70M, and a P/E ratio of 10.8x.
The scoring profile indicates moderate reward potential, with profitability and valuation as the leading contributors. Risk indicators are moderate, consistent with typical market exposure.
For informational purposes only. Not financial advice.