Every material Form 8-K Magyar Bancorp, Inc. has filed with the SEC since April 23, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Magyar Bancorp reported that net income rose 31% to $3.3 million for the quarter ended September 30, 2026, and 29% to $12.6 million for the fiscal year. Diluted earnings per share for the year were $1.99, compared with $1.56 a year earlier. The Board also declared a quarterly cash dividend of $0.12 per share, payable November 24, 2026, to holders of record on November 10, 2026.
Quarterly net income of $3.3 million, up from $2.5 million; diluted EPS of $0.52 versus $0.40
Fiscal year net income of $12.6 million, up from $9.8 million; diluted EPS of $1.99 versus $1.56
Net interest margin rose 35 basis points to 3.69% for the year, driven by higher net interest income
Quarterly dividend of $0.12 per share; record date November 10, 2026; payment date November 24, 2026
Magyar Bancorp reported net income of $3.1 million for the three months ended June 30, 2026, up 25% from $2.5 million a year earlier, driven by higher net interest income. Its board also approved a quarterly cash dividend of $0.10 per share, payable August 20, 2026 to holders of record on August 6, 2026.
Three-month basic EPS was $0.50 versus $0.40 a year earlier; diluted EPS was $0.49 versus $0.40.
Nine-month net income was $9.3 million versus $7.2 million, and nine-month basic EPS was $1.49 versus $1.16.
Net interest margin rose 30 basis points to 3.65% for the quarter, from 3.35%.
Quarterly dividend of $0.10 per share: record date August 6, 2026; payment date August 20, 2026.
Magyar Bancorp reported net income of $3.0 million for the three months ended March 31, 2026, up 13% from $2.7 million a year earlier, and $6.2 million for the six months, up 29%. The company also declared a quarterly cash dividend of $0.10 per share, payable May 21, 2026 to holders of record on May 7, 2026.
Three-month basic EPS was $0.49 versus $0.43 a year earlier; diluted EPS was $0.48 versus $0.43.
Net interest margin rose 35 basis points to 3.66% for the quarter, driven by higher net interest income.
Other income fell 32.4% to $857 thousand for the quarter, mainly from lower SBA 7(a) loan sale gains.
Quarterly dividend of $0.10 per share: record date May 7, 2026; payment date May 21, 2026.
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