Magyar Bancorp GAAP EPS of $0.30
- Magyar Bancorp Earnings: Magyar Bancorp reported a GAAP EPS (Earnings Per Share) of $0.30.
Trade with 70% Backtested Accuracy
Analyst Views on MGYR
About MGYR
About the author
Magyar Bancorp Reports Strong Q1 Earnings
- Earnings Per Share Growth: Magyar Bancorp reported a GAAP EPS of $0.50 for Q1, indicating stable profitability and reflecting the company's competitive position in the market.
- Net Interest Income Increase: For the quarter ending December 31, 2025, net interest and dividend income rose by $1.5 million, or 19%, from $7.4 million to $8.9 million, demonstrating effective asset-liability management in the current interest rate environment.
- Improved Financial Health: The increase in income further solidifies Magyar Bancorp's financial position, enhancing its capacity for future investments and business expansion, which may attract more investor interest.
- Optimistic Market Outlook: The positive signals from the company's financial performance, combined with Seeking Alpha's Quant Rating, could boost market confidence in Magyar Bancorp, potentially driving further stock price appreciation.
Magyar Bancorp Inc. Reports Decrease in Q4 Earnings
Earnings Report: Magyar Bancorp inc. reported a profit of $2.53 million, or $0.40 per share, for the fourth quarter, a slight decrease from $2.54 million, or $0.41 per share, in the same period last year.
Revenue Growth: The company's revenue increased by 19.7% to $8.40 million, up from $7.02 million in the previous year.
MAGYAR BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS, DECLARES QUARTERLY DIVIDEND
Financial Performance: Magyar Bancorp reported a net income of $2.5 million for Q3 2025, consistent with Q3 2024, and an annual net income of $9.8 million, up 25.4% from $7.8 million in 2024, driven by increased net interest income and a growing loan portfolio.
Earnings Per Share: The company's earnings per share for Q3 2025 were $0.41 (basic) and $0.40 (diluted), unchanged from the previous year, while annual earnings per share rose to $1.57 (basic) and $1.56 (diluted) from $1.23 in 2024.
Dividend Declaration: The Board of Directors declared a quarterly cash dividend of $0.08 per share, set to be paid on November 25, 2025, to stockholders of record as of November 13, 2025.
Balance Sheet Highlights: Total assets increased by 4.8% to $997.7 million year-over-year, with total loans receivable rising by 9.9% to $858.9 million, while total deposits grew by 2.2% to $814.3 million.
Magyar Bancorp Inc. Profit Rises In Q3
Earnings Growth: Magyar Bancorp Inc. reported a third-quarter earnings increase to $2.47 million, or $0.40 per share, compared to $1.69 million, or $0.27 per share, from the previous year.
Revenue Increase: The company's revenue rose by 20.6% to $8.18 million, up from $6.78 million in the same period last year.
MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND
Financial Performance: Magyar Bancorp reported a 46% increase in net income for the three months ending June 30, 2025, reaching $2.5 million, and a 38.1% increase for the nine months to $7.2 million, driven by higher net interest income and other income despite increased expenses.
Dividend Announcement: The Board of Directors declared an increase in the quarterly cash dividend to $0.08 per share, payable on August 21, 2025, reflecting the company's strong financial results and commitment to returning value to shareholders.
MAGYAR BANCORP, INC. ANNOUNCES STOCK REPURCHASE PROGRAM
Stock Repurchase Program: Magyar Bancorp, Inc. has completed its previous stock repurchase program by buying back 337,146 shares at an average price of $12.23 and has authorized a new program to repurchase up to 5% of its outstanding shares, depending on market conditions.
Company Overview: Magyar Bancorp is the parent company of Magyar Bank, a community bank in New Brunswick, New Jersey, providing financial services since 1922.
Magyar Bancorp Reports Strong Q1 Earnings
- Earnings Per Share Growth: Magyar Bancorp reported a GAAP EPS of $0.50 for Q1, indicating stable profitability and reflecting the company's competitive position in the market.
- Net Interest Income Increase: For the quarter ending December 31, 2025, net interest and dividend income rose by $1.5 million, or 19%, from $7.4 million to $8.9 million, demonstrating effective asset-liability management in the current interest rate environment.
- Improved Financial Health: The increase in income further solidifies Magyar Bancorp's financial position, enhancing its capacity for future investments and business expansion, which may attract more investor interest.
- Optimistic Market Outlook: The positive signals from the company's financial performance, combined with Seeking Alpha's Quant Rating, could boost market confidence in Magyar Bancorp, potentially driving further stock price appreciation.
Magyar Bancorp Inc. Reports Decrease in Q4 Earnings
Earnings Report: Magyar Bancorp inc. reported a profit of $2.53 million, or $0.40 per share, for the fourth quarter, a slight decrease from $2.54 million, or $0.41 per share, in the same period last year.
Revenue Growth: The company's revenue increased by 19.7% to $8.40 million, up from $7.02 million in the previous year.
MAGYAR BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS, DECLARES QUARTERLY DIVIDEND
Financial Performance: Magyar Bancorp reported a net income of $2.5 million for Q3 2025, consistent with Q3 2024, and an annual net income of $9.8 million, up 25.4% from $7.8 million in 2024, driven by increased net interest income and a growing loan portfolio.
Earnings Per Share: The company's earnings per share for Q3 2025 were $0.41 (basic) and $0.40 (diluted), unchanged from the previous year, while annual earnings per share rose to $1.57 (basic) and $1.56 (diluted) from $1.23 in 2024.
Dividend Declaration: The Board of Directors declared a quarterly cash dividend of $0.08 per share, set to be paid on November 25, 2025, to stockholders of record as of November 13, 2025.
Balance Sheet Highlights: Total assets increased by 4.8% to $997.7 million year-over-year, with total loans receivable rising by 9.9% to $858.9 million, while total deposits grew by 2.2% to $814.3 million.
Magyar Bancorp Inc. Profit Rises In Q3
Earnings Growth: Magyar Bancorp Inc. reported a third-quarter earnings increase to $2.47 million, or $0.40 per share, compared to $1.69 million, or $0.27 per share, from the previous year.
Revenue Increase: The company's revenue rose by 20.6% to $8.18 million, up from $6.78 million in the same period last year.
MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND
Financial Performance: Magyar Bancorp reported a 46% increase in net income for the three months ending June 30, 2025, reaching $2.5 million, and a 38.1% increase for the nine months to $7.2 million, driven by higher net interest income and other income despite increased expenses.
Dividend Announcement: The Board of Directors declared an increase in the quarterly cash dividend to $0.08 per share, payable on August 21, 2025, reflecting the company's strong financial results and commitment to returning value to shareholders.
MAGYAR BANCORP, INC. ANNOUNCES STOCK REPURCHASE PROGRAM
Stock Repurchase Program: Magyar Bancorp, Inc. has completed its previous stock repurchase program by buying back 337,146 shares at an average price of $12.23 and has authorized a new program to repurchase up to 5% of its outstanding shares, depending on market conditions.
Company Overview: Magyar Bancorp is the parent company of Magyar Bank, a community bank in New Brunswick, New Jersey, providing financial services since 1922.
