Highest-materiality recent filing
Magyar Bancorp Q2 net income up 13% to $3.0M; EPS $0.49; declares $0.10 dividend
Net income $3.0M for Q2 ended March 31, 2026, up 13% from $2.7M YoY; diluted EPS $0.48 vs $0.43.
Magyar Bancorp annual meeting elects directors, approves say-on-pay, ratifies auditor
Annual meeting held Feb 11, 2026; Susan Eisenhauer elected with 2,978,702 votes for and Maureen Ruane with 2,938,424 votes for.
Magyar Bancorp issues 2025 stockholder presentation; no specific data disclosed in filing
Presentation made available on February 11, 2026 for annual meeting.
Magyar Bancorp Q1 net income up 50% to $3.1M; declares $0.10 dividend
Net income of $3.1M vs $2.1M YoY; diluted EPS $0.50 vs $0.34.
Magyar Bancorp FY net income rises 25% to $9.8M; EPS $1.57, declares $0.08 dividend
FY net income $9.8M (+25% YoY); diluted EPS $1.56 vs $1.23; net interest margin 3.34% (+20bps).
Magyar Bancorp Q3 net income up 46% to $2.5M; dividend raised to $0.08
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%.
Magyar Bancorp authorizes new 5% stock repurchase program for up to 323,547 shares
New program authorizes repurchase of up to 323,547 shares, representing ~5% of outstanding common stock.
Magyar Bancorp reports 41% net income increase and declares $0.06 dividend
Net income for Q2 ended March 31, 2025 rose 41.3% to $2.7 million from $1.9 million year-over-year.
Stockholders recommended an annual non-binding advisory vote on named executive officer compensation.
Magyar Bancorp stockholders elect three directors, approve advisory say-on-pay, ratify auditor
Elected John S. Fitzgerald (3,678,006 for), Thomas Lankey (2,958,590), and Joseph A. Yelencsics (3,020,782) to three-year terms.
Magyar Bancorp furnishes stockholder presentation for 2024 financial performance and strategy
Presentation made available at 2025 annual shareholders meeting on February 20, 2025.
Magyar Bancorp Q1 net income up 26% to $2.1M; assets surpass $1B
Net income $2.1M vs $1.7M YoY (+26%); diluted EPS $0.34 vs $0.26.
Magyar Bancorp declares special cash dividend of $0.04 per share
Special dividend of $0.04 per share declared by Board of Directors.
Magyar Bancorp Q4 net income $2.5M (+16% YoY); NPLs fall 95% to $232k
Net income for Q4 ended Sep 30, 2024 was $2.5M ($0.41 EPS) vs $2.2M ($0.34 EPS) a year ago.
Magyar Bancorp Q3 net income $1.7M ($0.27 EPS), down 11.8% YoY; NPL ratio improves to 0.60%
Q3 net income $1.7M ($0.27 EPS), down 11.8% YoY; nine-month net income $5.2M ($0.83 EPS).
Magyar Bancorp Q2 net income up 5.6% to $1.9M; declares $0.05 dividend
Q2 net income $1.897M ($0.30 EPS) vs $1.796M ($0.28 EPS) a year ago; 6-month EPS unchanged at $0.56.
On July 25, 2024, the Board of Directors of the Company elected Michael R. Lombardi. to serve as a Director of the Company.
Max materiality 0.80 · Median 0.55 · Most common event earnings