---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-25-001014"
form_type: "8-K"
ticker: "MGYR"
cik: "0001337068"
company_name: "Magyar Bancorp, Inc."
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T02:09:13.162605+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Magyar Bancorp Q3 net income up 46% to $2.5M; dividend raised to $0.08

## Summary
- 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.

## SEC filing metadata
- accession: 0001174947-25-001014
- form_type: 8-K
- ticker: MGYR
- cik: 0001337068
- company_name: Magyar Bancorp, Inc.
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1337068/000117494725001014/0001174947-25-001014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1337068/000117494725001014/form8k-34496_mgyr.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-25-001014
- JSON: https://secwatch.observer/filing/0001174947-25-001014.json
- Plain text: https://secwatch.observer/filing/0001174947-25-001014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.