OverviewSuggest Edit

The name "Magyar" is the Hungarian word to describe an individual from Hungary. Over the years, the bank has moved beyond serving this original group, but Magyar has remained an active leader in the community and through corporate donations and employees volunteering their time, Magyar Bank supports over 75 organizations annually.

TypePublic
Founded1922
HQNew Brunswick, US
Websitemagbank.com

Locations

Magyar Bank is headquartered in
New Brunswick, United States

Location Map

Latest Updates

Employees (est.) (Sept 2019)101(+5%)
Revenue (FY, 2019)$2.1 M
Share Price (Oct 2020)$8.4
Cybersecurity ratingBMore

Key People/Management at Magyar Bank

John Fitzgerald

John Fitzgerald

President & CEO
Jon Ansari

Jon Ansari

Executive Vice President, CFO
Jay Castillo

Jay Castillo

Senior Vice President, Chief Retail Officer
Peter Brown

Peter Brown

Senior Vice President, Chief Lending Officer
Dan Badea

Dan Badea

Vice President
Al Dolnick

Al Dolnick

Vice President
Show more

Magyar Bank Office Locations

Magyar Bank has offices in New Brunswick, Branchburg, Bridgewater, Edison and in 2 other locations
New Brunswick, US (HQ)
400 Somerset St
Branchburg, US
1000 US-202
Bridgewater, US
475 N Bridge St
Edison, US
1167 Inman Ave
Edison, US
1199 Amboy Ave
North Brunswick Township, US
582 Milltown Rd
Show all (7)

Magyar Bank Financials and Metrics

Magyar Bank Revenue

Magyar Bank's revenue was reported to be $2.14 m in FY, 2019
USD

Revenue (Q3, 2020)

374.0k

Net income (Q3, 2020)

509.0k

Market capitalization (16-Oct-2020)

47.0m

Closing stock price (16-Oct-2020)

8.4

Cash (30-Jun-2020)

62.0m

EV

52.0m
Magyar Bank's current market capitalization is $47 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

22.2m20.8m19.7m19.5m2.0m2.1m2.0m2.1m2.1m

Sales and marketing expense

178.0k

R&D expense

553.0k576.0k576.0k520.0k486.0k513.0k581.0k648.0k

Operating expense total

1.9m1.8m1.8m1.8m1.9m1.8m1.9m2.2m2.2m
Quarterly
USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

5.6m5.3m5.2m5.2m5.0m4.9m5.0m5.0m4.8m4.9m4.8m4.8m621.0k442.0k573.0k465.0k440.0k447.0k648.0k369.0k521.0k426.0k565.0k422.0k404.0k374.0k374.0k

Cost of goods sold

779.0k

Sales and marketing expense

43.0k44.0k38.0k38.0k

R&D expense

140.0k154.0k144.0k143.0k144.0k141.0k146.0k148.0k121.0k123.0k118.0k132.0k124.0k129.0k137.0k143.0k143.0k153.0k154.0k165.0k154.0k147.0k153.0k
USDQ3, 2011

Financial Leverage

11.9 x
Show all financial metrics

Magyar Bank Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Magyar Bank Online and Social Media Presence

Embed Graph

Magyar Bank Frequently Asked Questions

  • When was Magyar Bank founded?

    Magyar Bank was founded in 1922.

  • Who are Magyar Bank key executives?

    Magyar Bank's key executives are John Fitzgerald, Jon Ansari and Jay Castillo.

  • How many employees does Magyar Bank have?

    Magyar Bank has 101 employees.

  • What is Magyar Bank revenue?

    Latest Magyar Bank annual revenue is $2.1 m.

  • What is Magyar Bank revenue per employee?

    Latest Magyar Bank revenue per employee is $21.1 k.

  • Who are Magyar Bank competitors?

    Competitors of Magyar Bank include Community West Bancshares, Farmers & Merchants Bancorp and First Bank.

  • Where is Magyar Bank headquarters?

    Magyar Bank headquarters is located at 400 Somerset St, New Brunswick.

  • Where are Magyar Bank offices?

    Magyar Bank has offices in New Brunswick, Branchburg, Bridgewater, Edison and in 2 other locations.

  • How many offices does Magyar Bank have?

    Magyar Bank has 7 offices.