Magyar Bancorp Inc
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 also provides 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 has seven branch offices located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey. As of July 21, 2021, Magyar Bancorp, Inc. was formerly a subsidiary of Magyar Bancorp, MHC Show More...
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Website https://www.magbank.com
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Sector Financial Services
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Industry Banks-Regional
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Last Quote 15.90 USD
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-09 2011-09 2012-09 2013-09 2014-09 2015-09 2016-09 2017-09 2018-09 2019-09 TTM Earnings Per Share USD 0.68 -0.04 0.09 0.05 0.1 0.15 0.19 0.24 0.35 0.51 0.41 Dividends USD Payout Ratio % * Shares Mil 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 Book Value Per Share * USD 7.63 7.67 7.71 7.7 7.89 8.02 8.16 8.35 8.69 9.32 9.55 Free Cash Flow Per Share * USD 1.04 2.52 1.98 2.16 1.1 1.73 2.44 1.56 1.02 0.49 Return on Assets % 0.71 -0.05 0.1 0.05 0.11 0.17 0.19 0.24 0.33 0.48 0.36 Financial Leverage (Average) 12.19 11.77 11.31 11.87 11.55 11.8 12.24 12.19 12.15 11.53 11.85 Return on Equity % 9.37 -0.56 1.14 0.58 1.26 1.94 2.31 2.93 4.03 5.65 4.41 Return on Invested Capital % Interest Coverage Current Ratio Quick Ratio Debt/Equity 1.07 0.78 0.81 0.59 0.56 0.68 0.76 0.65 0.69 0.66 0.56