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Magyar Bancorp, Inc. operates as the bank holding company for Magyar Bank, which provides various banking products and services to families and businesses in New Jersey. The company offers various deposit accounts, including demand accounts, NOW accounts, money market accounts, savings accounts, retirement accounts, and certificates of deposit. Its loan portfolio comprises mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, and construction loans, as well as consumer loans, which primarily consist of secured demand loans. The company also provides non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers. As of November 12, 2008, it operated five branches, including two in New Brunswick, and one each in North Brunswick, South Brunswick, and Branchburg. The company was founded in 1922 and is headquartered in New Brunswick, New Jersey with additional offices in North Brunswick, South Brunswick, and Branchburg. Magyar Bancorp, Inc. is as a subsidiary of Magyar Bancorp, MHC.

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Key Statistics

Closing Price	4.90
Volume	500
Volume Avg	5410
52 Week High	7.00
52 Week Low	2.29
PE	N/A
PE (group average)	27
EPS Year	-0.05
EPS change Q/Q	1000%
EPS change Q/Q Yr ago	1000%
EPS change Q/Q next Q est	100%
EPS change Y/Y	1000%
REV change Q/Q	-10.77%
REV change Q/Q Yr ago	-20.55%
EPS next Q est	0.00
EPS next Y est	0.00
Divident Annual	0.00
Dividend Yield	0%