MGYR: Magyar Bancorp, Inc. - Summary | Jitta

Magyar Bancorp, Inc.

NASDAQ:MGYR

Price
$17.64
Loss Chance
41.2%
7.47JITTA SCORE
37.79%Under Jitta Line
Jitta Ranking
2 / 322
2 / 701
3 / 4,228
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (71)
Recent Business Performance (85)
Financial Strength (91)
Return to Shareholders (57)
Competitive Advantage (59)
Jitta Signs
Revenue and EarningConsistent Growth in the past 5 years
Recent Business PerformanceEarning Growth Last Year
Operating MarginConsistent
Share RepurchaseEvery Year
CapExVery Low
SG&A to SalesDecreasing
Total DepositConsistent Growth
Net Interest MarginEfficiency
Loan to DepositAggressive
Key Stats
Jitta Score
Jitta Line
7.47
37.79%
6.39
296.03%
5.47
185.74%
Regional Banks
8.13
44.08%
7.19
30.19%
7.40
23.45%
COMPANY DESCRIPTION
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.