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Upturn AI SWOT - About
MGYR 
Magyar Bancorp Inc (MGYR)
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Upturn Advisory Summary
06/27/2025: MGYR (3-star) is a STRONG-BUY. BUY since 35 days. Profits (14.19%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Number of Analysts
0 Analysts rated it
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Year Target Price $0
Year Target Price $0
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Under performing |
| 0 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit 63.72% | Avg. Invested days 83 | Today’s Advisory Regular Buy |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 06/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 108.32M USD | Price to earnings Ratio 11.71 | 1Y Target Price 13 |
Price to earnings Ratio 11.71 | 1Y Target Price 13 | ||
Volume (30-day avg) - | Beta 0.17 | 52 Weeks Range 10.74 - 17.00 | Updated Date 06/29/2025 |
52 Weeks Range 10.74 - 17.00 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 1.43% | Basic EPS (TTM) 1.43 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 26.42% | Operating Margin (TTM) 42.4% |
Management Effectiveness
Return on Assets (TTM) 0.92% | Return on Equity (TTM) 8.11% |
Valuation
Trailing PE 11.71 | Forward PE - | Enterprise Value 69304672 | Price to Sales(TTM) 3.18 |
Enterprise Value 69304672 | Price to Sales(TTM) 3.18 | ||
Enterprise Value to Revenue 4.22 | Enterprise Value to EBITDA - | Shares Outstanding 6470950 | Shares Floating 5551685 |
Shares Outstanding 6470950 | Shares Floating 5551685 | ||
Percent Insiders 13.32 | Percent Institutions 31.28 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Magyar Bancorp Inc
Company Overview
History and Background
Magyar Bancorp, Inc. operates as the holding company for Magyar Bank, a community bank serving central New Jersey and the surrounding metropolitan area. Founded in 1922, the bank originally served the Hungarian community in New Brunswick, NJ. Over time, it has expanded its services and geographic reach while maintaining its focus on relationship banking and community involvement.
Core Business Areas
- Commercial Banking: Provides loans and other financial services to businesses, including commercial real estate financing, equipment financing, and working capital lines of credit.
- Retail Banking: Offers deposit accounts, mortgages, consumer loans, and other retail banking products and services to individuals and families.
- Wealth Management: Provides investment advisory services, trust services, and financial planning for high-net-worth individuals.
Leadership and Structure
Magyar Bancorp Inc. has a board of directors overseeing the executive management team. The leadership team is composed of experienced banking professionals who manage the bank's operations, strategy, and financial performance.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Commercial real estate loans are a significant part of Magyar Bank's lending portfolio. Market share data is not publicly available at the micro level for Magyar Bank; the competitors would be other regional and national banks in central NJ offering the same product. Competitors: PNC, Bank of America, Wells Fargo, local credit unions
- Residential Mortgages: Magyar Bank offers a variety of mortgage products to homebuyers. Market share data is not publicly available at the micro level for Magyar Bank; the competitors would be other regional and national banks in central NJ offering the same product. Competitors: Quicken Loans, Rocket Mortgage, local credit unions
- Business Banking: Small and medium size banking, tailored to the central New Jersey Area.
Market Dynamics
Industry Overview
The banking industry is currently influenced by factors such as interest rate fluctuations, regulatory changes, technological advancements (fintech), and economic conditions. Community banks are facing increased competition from larger banks and non-bank financial institutions.
Positioning
Magyar Bancorp Inc. is a community bank that emphasizes personalized service and local market knowledge. Its competitive advantage lies in its strong relationships with customers and its focus on serving the needs of the local community.
Total Addressable Market (TAM)
The total addressable market for community banking in central New Jersey is estimated to be in the billions of dollars. Magyar Bancorp Inc. is positioned to capture a portion of this market by focusing on its strengths in relationship banking and local market expertise.
Upturn SWOT Analysis
Strengths
- Strong local market knowledge
- Personalized customer service
- Experienced management team
- Strong community relationships
- Well-established brand in central New Jersey
Weaknesses
- Limited geographic reach
- Smaller asset base compared to larger banks
- Reliance on traditional banking products and services
- Lower technology adoption compared to competitors
- Limited access to capital markets
Opportunities
- Expand into new markets through acquisitions or de novo branching
- Increase technology adoption to improve efficiency and customer experience
- Develop new products and services to meet changing customer needs
- Leverage digital channels to reach a wider audience
- Increase fee income through wealth management and other services
Threats
- Increased competition from larger banks and non-bank financial institutions
- Rising interest rates could negatively impact loan demand
- Regulatory changes could increase compliance costs
- Economic downturn could lead to loan losses
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- PNC
- USB
- JPM
- BAC
- WFC
Competitive Landscape
Magyar Bancorp Inc. faces intense competition from larger banks with greater resources. Its competitive advantage lies in its personalized service and local market knowledge.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is limited by its geographic footprint.
Future Projections: Future growth depends on strategic initiatives and economic conditions.
Recent Initiatives: Recent initiatives may include branch expansions, technology upgrades, and new product launches.
Summary
Magyar Bancorp Inc. is a community bank in Central New Jersey. Its strength lies in its local focus and customer service. It faces competition from larger banks and needs to innovate to maintain market share. It needs to watch out for larger banks expanding into Central New Jersey.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Financial Databases (e.g., Bloomberg, FactSet) - Limited Public Data Available
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Magyar Bancorp Inc
Exchange NASDAQ | Headquaters New Brunswick, NJ, United States | ||
IPO Launch date 2006-01-24 | President, CEO & Director Mr. John S. Fitzgerald | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 91 | Website https://www.magbank.com |
Full time employees 91 | Website https://www.magbank.com | ||
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. The company was founded in 1922 and is headquartered in New Brunswick, New Jersey.
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