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Magyar Bancorp, Inc.(MGYR)

Description: Magyar Bancorp, Inc. operates as the bank holding company for Magyar Bank that provides various banking products and services in New Jersey. The company's deposit products include demand, NOW, money market, savings, and retirement accounts, as well as certificates of deposit. Its loan portfolio comprises one-to four-family residential mortgage, commercial real estate, construction, commercial business, small business administration, and consumer loans, as well as home equity loans and lines of credit. The company also provides non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers. It operates six branch offices, which are located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey. The company was founded in 1922 and is headquartered in New Brunswick, New Jersey. Magyar Bancorp, Inc. is a subsidiary of Magyar Bancorp, MHC.


Keywords: Bank Insurance Products Banking Products Deposit Products Investment Product Financial Planning Services U.S. Bancorp Northeast Bank Retirement Planning Edison Non Deposit Investment Products

Home Page: www.magbank.com

MGYR Technical Analysis

400 Somerset Street
New Brunswick, NJ 08901
United States
Phone: 732 342 7600


Officers

Name Title
Mr. John S. Fitzgerald Pres, CEO & Director
Mr. Jon R. Ansari M.B.A. Exec. VP, CFO & Director
Mr. Peter McIntyre Brown Sr. VP & Chief Lending Officer
Mr. John Reissner Corp. Sec., First VP & Investor Relations Officer

Exchange: NASDAQ

Country: US

Currency: US Dollar ($)

GIC Sector: Financials
GIC Group: Banks
GIC Industry: Thrifts & Mortgage Finance
GIC Sub-Industry: Thrifts & Mortgage Finance
Forward PE: 0
Trailing PE: 10.9915
Price-to-Book MRQ: 0.9223
Price-to-Sales TTM: 2.9304
IPO Date: 2006-01-24
Fiscal Year End: September
Full Time Employees: 87
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