Common Stock, par value $0.01 per share
- Symbol
- MGYR
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 8.01, 9.01 · 8-K
Magyar Bancorp, Inc.
MGYRNASDAQEQUITYCurrent
Results of Operations and Financial Condition · Other Events
Item 2.02. Results of Operations and Financial Condition On July 23, 2026, Magyar Bancorp, Inc. (the “Company”) issued a press release regarding its results of operations and financial condition at and for the three and nine months ended June 30, 2026. The text of the press release is included as Exhibit 99.1 to this report.…
Press release in this filing
MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND →Company context
Magyar Bancorp is the parent company of Magyar Bank, a community bank headquartered in New Brunswick, New Jersey. Magyar Bank has been serving families and businesses in Central New Jersey since 1922 with a complete line of financial products and services. Today, Magyar operates branch locations in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, Martinsville and Edison (2). Please visit us online at www.magbank.com.
Current securities
Registered securities in this filing
Magyar Bancorp, Inc. · 8-K · Filed 2026-07-23
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 2.02. Results of Operations and Financial Condition
On July 23, 2026, Magyar Bancorp,
Inc. (the “Company”) issued a press release regarding its results of operations and financial condition at and for the three
and nine months ended June 30, 2026. The text of the press release is included as Exhibit 99.1 to this report. The information included
in the press release text is considered to be “furnished” under the Securities Exchange Act of 1934. The Company will include
financial statements and additional analyses at and for the three and nine months ended June 30, 2026, as part of its Form 10-Q for the
period.
Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events
On July 23, 2026, the Company announced that its Board
of Directors has approved a quarterly cash dividend of $0.10 per common share to shareholders of record at the close of business on August
6, 2026, payable on August 20, 2026.
The text of the press release, dated July 23, 2026,
announcing the dividend, and which also includes the Company’s quarterly earnings announcement, as stated above, is included as
Exhibit 99.1 to this report and is incorporated herein by reference.
Filed exhibits (1)
EX-99.1 2 ex99-1.htm EX-99.1 News ──────── 400 Somerset St., New Brunswick, NJ 08901 732.342.7600 MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND New Brunswick, New Jersey, July 23, 2026 - Magyar Bancorp (NASDAQ: MGYR) (“Company”), parent company of Magyar Bank, reported today the results of its operations for the three and nine months ended June 30, 2026. The Company reported a 25% increase in its net income for the three months ended June 30, 2026, to $3.1 million compared with net income of $2.5 million for the three months ended June 30, 2025. Net income for the nine months ended June 30, 2026 was $9.3 million compared with net income of $7.2 million for the nine months ended June 30, 2025. Basic and diluted earnings per share were $0.50 and $0.49, respectively, for the three months ended June 30, 2026 compared with $0.40 and $0.40, respectively, for the three months ended June 30, 2025. Basic and diluted earnings per share were $1.49 and $1.47, respectively, for the nine months ended June 30, 2026 compared with $1.16 and $1.16, respectively, for the nine months ended June 30, 2025. The Company also announced that its Board o…
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