Magyar Bancorp positions itself as a regional bank focused on traditional deposit-gathering and lending services in New Jersey. The company provides residential and commercial real estate mortgage loans, home equity products, business loans, and non-deposit investment products including insurance and annuities. With a low beta of 0.24, the company exhibits relatively stable stock performance.
Cyborg Score Rationale
Magyar Bancorp demonstrated a net margin of 16.25% and return on equity of 9.18% in recent quarters. FY2025 revenue increased 11.78% to $35.21 million with earnings up 25.40%. However, minimal analyst coverage and small scale limit upside potential.
Top Insights
FY2025 revenue grew 11.78% to $35.21M with earnings rising 25.40%, indicating improving operational performance
Market cap of $113.53M with PE ratio of 10.13 suggests reasonable valuation for a micro-cap bank
Recent dividend increased to $0.10/quarter ($0.40 annualized) with 2.3% yield, showing shareholder-friendly capital allocation
Zero analyst coverage indicates limited institutional attention and potential inefficiency
Named Competitors
Lake Shore Bancorp — Regional bank operating in Northeast US
Pioneer Bancorp — Community banking services provider