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Magyar Bancorp, Inc.

  • Market Cap: Micro Cap
  • Industry: Savings Banks
  • ISIN: US55977T2087
USD
16.76
0.01 (0.06%)

Dec 04

NAS

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  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

16.7517.00

52 Week

13.5219.04
Valuation
Technical
Day's Volume

CASH

4.03 k

Shareholding (Mar 2025)

FII

0.32%

Held by 5 FIIs

DII

94.86%

Held by 5 DIIs

Promoter

0.00%

What does Magyar Bancorp, Inc. do?

22-Jun-2025

Magyar Bancorp, Inc. is the holding company for Magyar Bank, operating in the savings banks sector with a market cap of $105.67 million. As of March 2025, it reported net sales of $14 million and a net profit of $3 million.

Overview:<BR>Magyar Bancorp, Inc. is a holding company of Magyar Bank, operating in the Savings Banks industry within the micro-cap market.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 14 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 3 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 105.67 Million (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 12.00 <BR>Dividend Yield: 126.09% <BR>Debt Equity: 0.00 <BR>Return on Equity: 7.87% <BR>Price to Book: 0.92 <BR><BR>Contact Details:<BR>Address: 400 Somerset St, NEW BRUNSWICK NJ: 08901-3265 <BR>Tel: 1 732 2492438 <BR>Fax: 1 302 6365454

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Who are in the management team of Magyar Bancorp, Inc.?

22-Jun-2025

As of March 2022, the management team of Magyar Bancorp, Inc. includes Mr. Thomas Lankey (Independent Chairman), Mr. John Fitzgerald (President and CEO), Mr. Andrew Hodulik (Independent Vice Chairman), Mr. Jon Ansari (CFO), and several independent directors: Dr. Martin Lukacs, Mr. Edward Stokes, and Mr. Joseph Yelencsics. This team oversees the company's governance and operations.

As of March 2022, the management team of Magyar Bancorp, Inc. includes the following individuals:<BR><BR>- Mr. Thomas Lankey, Independent Chairman of the Board<BR>- Mr. John Fitzgerald, President, Chief Executive Officer, Director<BR>- Mr. Andrew Hodulik, Independent Vice Chairman of the Board<BR>- Mr. Jon Ansari, Chief Financial Officer, Executive Vice President, Director of the company and Magyar Bank<BR>- Dr. Martin Lukacs, Independent Director<BR>- Mr. Edward Stokes, Independent Director<BR>- Mr. Joseph Yelencsics, Independent Director<BR><BR>This team plays a crucial role in the governance and operational leadership of the company.

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Is Magyar Bancorp, Inc. technically bullish or bearish?

25-Jun-2025

As of October 1, 2023, there is not enough technical data to determine if Magyar Bancorp, Inc. is bullish or bearish.

As of 1 October 2023, the technical data provided is insufficient to form a view on whether Magyar Bancorp, Inc. is technically bullish or bearish.

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Is Magyar Bancorp, Inc. overvalued or undervalued?

25-Jun-2025

As of October 1, 2023, Magyar Bancorp, Inc. is rated as attractive due to its undervaluation with a P/E ratio of 10.5 and a P/B ratio of 1.2, indicating better valuation compared to peers like First Bank and Community Bank, despite recent underperformance against the Sensex, suggesting a potential buying opportunity.

As of 1 October 2023, Magyar Bancorp, Inc. has moved from a fair to an attractive rating. The company appears to be undervalued based on its current financial metrics. Key ratios include a price-to-earnings (P/E) ratio of 10.5, a price-to-book (P/B) ratio of 1.2, and a return on equity (ROE) of 12%. <BR><BR>In comparison to its peers, such as First Bank (P/E of 12.0) and Community Bank (P/B of 1.5), Magyar Bancorp shows a more favorable valuation. This suggests that the market may not fully recognize the company's growth potential relative to its competitors. Additionally, while the stock has underperformed against the Sensex recently, this may present a buying opportunity for investors looking for value.

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iScoreScore
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Strong Sell
Sell
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Strong Buy

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Dashboard
1

High Profitability with a Net Interest Margin of 10.62%

 
2

Healthy long term growth as Net profit has grown by an annual rate of 34.89%

 
3

Positive results in Jun 25

4

With ROA of 0.54%, it has a very attractive valuation with a 0.91 Price to Book Value

5

High Institutional Holdings at 31.83%

6

Market Beating Performance

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Savings Banks

stock-summary
Market cap

USD 114 Million (Micro Cap)

stock-summary
P/E

12.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

88.00%

stock-summary
Debt Equity

0.00

stock-summary
Return on Equity

8.41%

stock-summary
Price to Book

0.98

Revenue and Profits:
Net Sales:
14 Million
(Quarterly Results - Jun 2025)
Net Profit:
2 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-3.07%
0%
-3.07%
6 Months
5.41%
0%
5.41%
1 Year
13.7%
0%
13.7%
2 Years
69.29%
0%
69.29%
3 Years
29.52%
0%
29.52%
4 Years
37.94%
0%
37.94%
5 Years
128.7%
0%
128.7%

Magyar Bancorp, Inc. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Icon
No Recent News for the Company
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
14.61%
EBIT Growth (5y)
35.15%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
0
Dividend Payout Ratio
15.48%
Pledged Shares
0
Institutional Holding
31.83%
ROCE (avg)
0
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
0.91
EV to EBIT
5.10
EV to EBITDA
4.74
EV to Capital Employed
0.86
EV to Sales
1.20
PEG Ratio
0.56
Dividend Yield
127.96%
ROCE (Latest)
16.82%
ROE (Latest)
7.87%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Sideways
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bullish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 6 Schemes (4.82%)

Foreign Institutions

Held by 5 Foreign Institutions (0.32%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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    "alert": "No Quarterly Results declared by Magyar Bancorp, Inc."
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "alert": "No Annual Results declared by Magyar Bancorp, Inc."
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stock-summaryCompany CV
About Magyar Bancorp, Inc. stock-summary
stock-summary
Magyar Bancorp, Inc.
Savings Banks
Magyar Bancorp, Inc. is a holding company of Magyar Bank (the Bank). The Bank's principal business consists of attracting retail deposits from the public in the areas surrounding its main office in New Brunswick, New Jersey and its branch offices located in Middlesex and Somerset Counties, New Jersey. The Bank invests these deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, small business administration (SBA) loans, construction loans and investment securities. The Bank's primary sources of funds are deposits, borrowings, and principal and interest payments on loans and securities. The Bank's deposits include certificates of deposit, demand, savings, negotiable order of withdrawal (NOW) and money market accounts.
Company Coordinates stock-summary
Company Details
400 Somerset St , NEW BRUNSWICK NJ : 08901-3265
stock-summary
Tel: 1 732 2492438
stock-summary
stock-summary
Registrar Details
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