M

Magyar Bancorp
D

MGYR

13.930
USD
0.53
(3.96%)
Market Closed
Volume
190
EPS
0
Div Yield
1.47
P/E
12
Market Cap
90,408,040
OverviewSignalsIdeasNews
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News

Title: Magyar Bancorp

Sector: Financial Services
Industry: Banks - Regional
Magyar Bancorp Inc is a mid-tier stock holding company. The Company offers a full array of commercial and retail financial services, including the taking of time, savings and demand deposits; the making of commercial, consumer and home equity loans; and the provision of other financial services. The business consists of getting retail deposits from the general public in the areas surrounding the main office in New Brunswick, New Jersey and branch offices located in Middlesexand Somerset Counties, New Jersey, and investing those deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, Small Business Administration loans.