Compare · MGYR vs PFS
MGYR vs PFS
Side-by-side comparison of Magyar Bancorp Inc. (MGYR) and Provident Financial Services Inc (PFS): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both MGYR and PFS operate in Savings Institutions (Finance), so they compete in similar markets.
- PFS is the larger of the two at $2.95B, about 26.9x MGYR ($109.6M).
- Over the past year, MGYR is up 9.6% and PFS is up 34.3% - PFS leads by 24.7 points.
- PFS has been more active in the news (25 items in the past 4 weeks vs 1 for MGYR).
- PFS has more recent analyst coverage (10 ratings vs 0 for MGYR).
Magyar Bancorp Inc.
Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various banking services in the United States. It accepts various deposit accounts, including demand, NOW, money market, savings, retirement, and certificates of deposit accounts. The company also offers residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, small business administration loans, construction loans, and consumer loans. In addition, it provides 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; and a loan product office located in Keyport, New Jersey. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.
Provident Financial Services Inc
Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. The company's deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. Its loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. The company also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, it provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, the company sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. As of December 31, 2020, it operated 99 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania and New York counties. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.
Latest MGYR
- Director Ruane Maureen was granted 938 shares, increasing direct ownership by 18% to 6,092 units (SEC Form 4)
- SEC Form 10-Q filed by Magyar Bancorp Inc.
- MAGYAR BANCORP, INC. ANNOUNCES SECOND QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND
- Magyar Bancorp Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits
- Director Yelencsics Joseph A was granted 200 shares, increasing direct ownership by 0.60% to 33,365 units (SEC Form 4)
- President and CEO Fitzgerald John S was granted 739 shares (SEC Form 4)
- EVP and CFO Ansari Jon was granted 500 shares, increasing direct ownership by 0.66% to 75,805 units (SEC Form 4)
- President and CEO Fitzgerald John S was granted 44 shares (SEC Form 4)
- President and CEO Fitzgerald John S was granted 100 shares (SEC Form 4)
- President and CEO Fitzgerald John S was granted 5 shares (SEC Form 4)
Latest PFS
- Stephens initiated coverage on Provident Finl with a new price target
- New insider Vitelli Annamaria claimed ownership of 5,535 units of Common Stock (SEC Form 3)
- Provident Financial Services Inc filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- Provident Bank Names Annamaria Vitelli EVP, Chief Wealth Officer and President of Beacon Trust
- Director Leppert Edward J was granted 4,012 shares, increasing direct ownership by 5% to 87,649 units (SEC Form 4)
- Executive Vice Chairman Shara Thomas was granted 4,012 shares, increasing direct ownership by 5% to 91,653 units (SEC Form 4)
- Director Mccracken Robert E was granted 4,012 shares, increasing direct ownership by 6% to 72,530 units (SEC Form 4)
- Director Foley Ursuline F was granted 4,012 shares, increasing direct ownership by 9% to 46,636 units (SEC Form 4)
- Director Harding Matthew K. was granted 4,012 shares, increasing direct ownership by 6% to 73,623 units (SEC Form 4)
- Director Gragnolati Brian was granted 4,012 shares, increasing direct ownership by 11% to 39,042 units (SEC Form 4)