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Upturn AI SWOT - About
MGYR 
Magyar Bancorp Inc (MGYR)
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Upturn Advisory Summary
03/27/2025: MGYR (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
AI Based Fundamental Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Analysis of Past Performance
Type Stock | Historic Profit 46.61% | Avg. Invested days 90 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 85.93M USD | Price to earnings Ratio 10.76 | 1Y Target Price 13 |
Price to earnings Ratio 10.76 | 1Y Target Price 13 | ||
Volume (30-day avg) 2665 | Beta 0.28 | 52 Weeks Range 10.47 - 14.90 | Updated Date 03/23/2025 |
52 Weeks Range 10.47 - 14.90 | Updated Date 03/23/2025 | ||
Dividends yield (FY) 1.54% | Basic EPS (TTM) 1.23 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 24.71% | Operating Margin (TTM) 44.23% |
Management Effectiveness
Return on Assets (TTM) 0.84% | Return on Equity (TTM) 7.23% |
Valuation
Trailing PE 10.76 | Forward PE - | Enterprise Value 59479868 | Price to Sales(TTM) 2.79 |
Enterprise Value 59479868 | Price to Sales(TTM) 2.79 | ||
Enterprise Value to Revenue 3.79 | Enterprise Value to EBITDA - | Shares Outstanding 6490170 | Shares Floating 5182704 |
Shares Outstanding 6490170 | Shares Floating 5182704 | ||
Percent Insiders 17.64 | Percent Institutions 31.75 |
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. is the holding company for Magyar Savings Bank. The bank was founded to serve the financial needs of its community. Further details regarding specific founding years and early milestones are generally available in company filings or investor relations materials.
Core Business Areas
- Retail Banking: Offers traditional banking services to individuals, including checking and savings accounts, loans (mortgage, personal), and other financial products.
- Commercial Banking: Provides banking services to businesses, including commercial loans, lines of credit, and deposit accounts.
- Wealth Management: Offers wealth management and financial planning services to individuals and families.
Leadership and Structure
Specific leadership details are available in company filings. The organizational structure is typical of a community bank holding company, with a board of directors overseeing management.
Top Products and Market Share
Key Offerings
- Residential Mortgages: Mortgages are a core product. Market share data is highly localized and varies. Competitors include larger national banks and mortgage companies, as well as other regional banks. Revenue data is available in the company's financial filings.
- Commercial Loans: Loans to small and medium-sized businesses. Market share data is highly localized and varies. Competitors include larger national banks and credit unions, as well as other regional banks. Revenue data is available in the company's financial filings.
- Deposit Accounts: Checking, savings, and money market accounts. Market share data is highly localized and varies. Competitors include larger national banks and credit unions, as well as other regional banks. Revenue data is available in the company's financial filings.
Market Dynamics
Industry Overview
The banking industry is currently facing a complex environment with rising interest rates, increased regulatory scrutiny, and evolving customer preferences towards digital banking solutions. Community banks are under pressure to compete with larger institutions and fintech companies.
Positioning
Magyar Bancorp Inc. is a community bank. Its competitive advantages may include personalized service, local market knowledge, and strong customer relationships.
Total Addressable Market (TAM)
The TAM for community banking is substantial, encompassing a significant portion of local lending and deposit markets. Magyar Bancorp Inc. is positioned to capture a segment of this market within its service area. Data regarding the specific TAM value would require local market research.
Upturn SWOT Analysis
Strengths
- Strong local customer relationships
- Community focus
- Experienced management team
- Sound asset quality
Weaknesses
- Limited geographic reach
- Smaller scale compared to larger banks
- Limited resources for technology investment
- Dependence on local economy
Opportunities
- Expansion into new markets
- Increased focus on digital banking
- Strategic partnerships with fintech companies
- Growth in local economy
Threats
- Increased competition from larger banks
- Rising interest rates
- Economic downturn
- Regulatory changes
Competitors and Market Share
Key Competitors
- Many small and regional banks are competitors of Magyar Bancorp Inc. without more specificity, they are difficult to list. FHB, NJCB, BHLB, TFSL, CASH, LBAI
Competitive Landscape
Magyar Bancorp Inc competes with a mix of regional and national banks. Its advantages lie in its local presence and customer relationships, while its disadvantages stem from its smaller size and limited resources compared to larger competitors.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth data requires access to financial data and SEC filings.
Future Projections: Future projections require access to analyst estimates.
Recent Initiatives: Recent initiatives require access to company announcements and press releases.
Summary
Magyar Bancorp Inc. is a community bank with a strong local presence and customer relationships. However, it faces challenges from larger competitors and the changing banking landscape. Its success depends on its ability to leverage its strengths and adapt to the evolving needs of its customers and the market. Keeping asset quality high will be of importance.
Similar Companies
- FHB
- NJCB
- BHLB
- TFSL
- CASH
- LBAI
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Industry Reports
- Analyst Reports (where available)
Disclaimers:
This analysis is based on publicly available information and general industry knowledge. It does not constitute financial advice. Actual performance may vary. Market share and financial data may be estimates or approximations due to limited public information.
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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