Magyar Bancorp
MGYR
About: 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 Middlesex and 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.
Employees: 101
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
24% more funds holding
Funds holding: 17 [Q1] → 21 (+4) [Q2]
20% more capital invested
Capital invested by funds: $28.1M [Q1] → $33.8M (+$5.71M) [Q2]
0.11% more ownership
Funds ownership: 31.18% [Q1] → 31.28% (+0.11%) [Q2]
Financial journalist opinion
