---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-26-000701"
form_type: "8-K"
ticker: "MGYR"
cik: "0001337068"
company_name: "Magyar Bancorp, Inc."
filed_at: "2026-07-23T20:02:47+00:00"
generated_at: "2026-07-23T20:04:11.742388+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001174947-26-000701
- form_type: 8-K
- ticker: MGYR
- cik: 0001337068
- company_name: Magyar Bancorp, Inc.
- filed_at: 2026-07-23T20:02:47+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1337068/000117494726000701/0001174947-26-000701-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1337068/000117494726000701/form8k-36115_mgyr.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-26-000701
- JSON: https://secwatch.observer/filing/0001174947-26-000701.json
- Plain text: https://secwatch.observer/filing/0001174947-26-000701.txt

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