Magyar Bancorp Q3 net income up 27% to $2.1M; EPS $0.31; declares $0.03 dividend

Magyar Bancorp, Inc.

2022-Q3 EPS reported $0.81

Net income for Q3 ended June 30, 2022: $2.117M vs $1.668M YoY (+26.9%).
Diluted EPS $0.31 (vs $0.24); nine-month EPS $0.81 (vs $0.64).
Net interest margin improved 18 bps to 3.72% for Q3.
Board declared $0.03 per share cash dividend, payable Aug 18, 2022 to holders of record Aug 4.

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