Stock MGYR MAGYAR BANCORP, INC.
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Company Magyar Bancorp, Inc.

Equities

MGYR

US55977T2087

Banks

Delayed Nasdaq
Other stock markets
 04:00:00 2024-04-30 pm EDT 		5-day change 1st Jan Change
11.39 USD -.--% Intraday chart for Magyar Bancorp, Inc. +4.50% +1.47%
Apr. 23 Tranche Update on Magyar Bancorp, Inc.'s Equity Buyback Plan announced on December 8, 2022. CI
Apr. 23 Magyar Bancorp, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024 CI

Business Summary

Magyar Bancorp, Inc. is a bank holding company of Magyar Bank (the Bank). It acts as an independent, community, financial services provider, and offers traditional banking and related financial services to individual, business, and government customers. It offers 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 Bank invests its 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 (SBA) loans, construction loans and investment securities. It originates consumer loans, which consist primarily of secured demand loans. Its primary sources of funds are deposits, borrowings and principal and interest payments on loans and securities.

Number of employees: 93

Managers

Managers TitleAgeSince
John Fitzgerald CEO
 Chief Executive Officer 59 07-09-30
Jon Ansari DFI
 Director of Finance/CFO 49 04-12-31
John Reissner IRC
 Investor Relations Contact - -
Peter Brown PRN
 Corporate Officer/Principal 59 -

Members of the board

Members of the board TitleAgeSince
Jon Ansari DFI
 Director of Finance/CFO 49 04-12-31
John Fitzgerald CEO
 Chief Executive Officer 59 07-09-30
Andrew Hodulik BRD
 Director/Board Member 67 04-12-31
Thomas Lankey CHM
 Chairman 63 04-12-31
Joseph Yelencsics BRD
 Director/Board Member 69 04-12-31
Susan Eisenhauer BRD
 Director/Board Member 67 22-09-21
Maureen Ruane BRD
 Director/Board Member 62 22-09-21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 7,096,806 5,510,711 ( 77.65 %) 442,873 ( 6.240 %) 77.65 %

Shareholders

NameEquities%Valuation
AllianceBernstein LP
9.907 %
659,172 9.907 % 7 M $
M3F, Inc.
8.575 %
570,563 8.575 % 6 M $
Magyar Bank Employee Stock Ownership Plan Trust
7.106 %
472,798 7.106 % 5 M $
PL Capital Advisors LLC
3.826 %
254,557 3.826 % 3 M $
Michael Lombardi
3.012 %
200,386 3.012 % 2 M $
John Fitzgerald
2.258 %
150,229 2.258 % 2 M $
Dimensional Fund Advisors LP
1.920 %
127,764 1.920 % 1 M $
Jon Ansari
1.732 %
115,259 1.732 % 1 M $
Vanguard Global Advisers LLC
1.514 %
100,717 1.514 % 1 M $
Maltese Capital Management LLC
1.230 %
81,824 1.230 % 909 883 $

Company contact information

Magyar Bancorp, Inc.

400 Somerset Street

08901, New Brunswick

+

http://www.magbank.com
address Magyar Bancorp, Inc.(MGYR)

Sector

Financials
Banking & Investment Services
Banking Services
Banks
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