Magyar Bancorp reports 41% net income increase and declares $0.06 dividend

Magyar Bancorp, Inc.

2025-Q2 EPS reported $0.76

Net income for Q2 ended March 31, 2025 rose 41.3% to $2.7 million from $1.9 million year-over-year.
Basic and diluted EPS were $0.43 for Q2 2025, up from $0.30 in Q2 2024.
Quarterly cash dividend of $0.06 per share declared, payable May 28, 2025 to holders of record May 14, 2025.
Net interest margin expanded to 3.31% from 3.17%, and non-performing loans fell to 0.01% of total loans.
Total assets grew 7.3% to $1.0 billion at March 31, 2025 from $951.9 million at September 30, 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.