Workflow
Magyar Trades At A More Reasonable Multiple, But Also Has Significant Exposure To CRE

Magyar Bancorp (NASDAQ: MGYR ) is a New Jersey bank with about $1 billion in assets, concentrated mostly in commercial real estate loan assets in its home state. It has doubled its size in the past decade.Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of ...