earnings
confidence high
sentiment positive
materiality 0.80
Magyar Bancorp Q3 net income up 46% to $2.5M; dividend raised to $0.08
Magyar Bancorp, Inc.
2025-Q3 EPS reported
$1.16
- Net income $2.5M ($0.40 EPS) vs $1.7M ($0.27) in prior year quarter; nine-month net $7.2M ($1.16) up 38%.
- Net interest margin expands to 3.35% from 3.02% YoY; loan growth $64.2M to $845.4M.
- Board declares increased quarterly dividend of $0.08 per share, payable Aug 21 to holders of record Aug 7.
- Book value per share rises to $18.03 from $16.98; 60,410 shares repurchased at avg $14.84.
- Non-performing loans rise to $920K (0.11%) from $232K, but remain low.