Magyar Bancorp Q3 net income up 25% to $3.1M; declares $0.10 dividend

Magyar Bancorp, Inc.

Net income $3.1M for Q3 ended June 30, 2026, up 25% from $2.5M year ago; diluted EPS $0.49 vs $0.40.
Net interest margin expanded 30 bps to 3.65%; net interest income up 15.2% to $9.4M.
Board declared $0.10 per share quarterly dividend, payable Aug 20, 2026 to holders of record Aug 6, 2026.
Total assets $1.048B, up 5.1% from Sept 30, 2025; non-performing loans only 0.04% of total loans.
Book value per share $19.61; repurchased 25,825 shares at avg $17.55 during nine months.

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