Magyar Bancorp, INC
Market Movers (8-K)
NASDAQ
Magyar Bancorp announced a 25% increase in net income for the third quarter, driven by a higher net interest margin and growth in assets, alongside a quarterly cash dividend declaration.
NASDAQ
Magyar Bancorp announced a 13% increase in net income for the second quarter ended March 31, 2026, driven by expanded net interest margin and loan growth, alongside a quarterly cash dividend declaration.
Better than expected
NASDAQ
Magyar Bancorp, Inc. announced the results of its 2026 Annual Meeting of Stockholders, where directors were elected and executive compensation was approved.
NASDAQ
Magyar Bancorp, Inc. announced record 2025 earnings, significant loan growth, and enhanced shareholder value, alongside a positive outlook for 2026.
Better than expected
NASDAQ
Magyar Bancorp announced a 50% increase in net income to $3.1 million for the first fiscal quarter ended December 31, 2025, alongside a $0.10 per share quarterly cash dividend.
Better than expected
NASDAQ
Magyar Bancorp announced record fiscal year-end net income of $9.8 million, a 25.4% increase year-over-year, and declared a quarterly cash dividend of $0.08 per share.
Better than expected
Quarterly Earnings (10-Q)
NASDAQ
Magyar Bancorp, Inc. reported a 13.0% increase in net income for the three months ended March 31, 2026, driven by higher net interest income.
NASDAQ
Magyar Bancorp reported a significant 50.4% increase in net income for the first fiscal quarter, driven by robust loan growth and improved net interest margin.
Better than expected
NASDAQ
Magyar Bancorp, Inc. announced a significant increase in net income and net interest margin for the quarter and nine months ended June 30, 2025, driven by robust loan growth and improved interest rate management.
Better than expected
NASDAQ
10-Q: Magyar Bancorp Reports Strong First Half 2025 Results Driven by Loan Growth and Margin Expansion
Magyar Bancorp's net income for the first six months of 2025 increased by 34.3% year-over-year, driven by loan growth and an expanding net interest margin.
Better than expected
NASDAQ
Magyar Bancorp's Q1 2025 net income rose by 26.2% to $2.1 million, fueled by loan growth and strategic financial management.
Better than expected
NASDAQ
Magyar Bancorp's second quarter saw a decrease in net income despite growth in loans and deposits, as interest expenses rose and other income declined.
Worse than expected
Annual Reports (10-K)
NASDAQ
Magyar Bancorp, Inc. announced a 25.4% increase in net income to $9.8 million for fiscal year 2025, driven by higher net interest income and significant loan portfolio growth.
Better than expected
NASDAQ
Magyar Bancorp, Inc. reports a slight increase in net income for fiscal year 2024, driven by loan growth and effective expense management.
Worse than expected
Insider Trading (Form 4)
NASDAQ
Jon Ansari, EVP and CFO and a Director of Magyar Bancorp, Inc., received 1,019 shares of common stock on July 30, 2026.
NASDAQ
Director Maureen Ruane acquired 938 shares of Magyar Bancorp, Inc. common stock at a price of $17.26 per share.
NASDAQ
Magyar Bancorp Director Joseph A. Yelencsics acquired 200 shares of common stock at $17.556 per share.
NASDAQ
Magyar Bancorp's President and CEO, John S. Fitzgerald, acquired 739 shares of common stock, increasing his beneficial ownership in the company.
NASDAQ
Magyar Bancorp's EVP and CFO, Jon Ansari, increased his direct ownership in the company by acquiring 500 shares of common stock at $18 per share.
Better than expected
NASDAQ
Magyar Bancorp's President and CEO, John S. Fitzgerald, acquired additional common stock, signaling continued confidence in the company.
Better than expected
Proxy Statements (Def-14A)
NASDAQ
Magyar Bancorp, Inc. announces its 2026 Annual Stockholders Meeting to vote on director elections, executive compensation, and auditor ratification.
NASDAQ
Magyar Bancorp, Inc. announced its 2026 Annual Meeting of Stockholders to address director elections, executive compensation, and auditor ratification, following a strong fiscal year 2025 performance.
Better than expected
NASDAQ
Magyar Bancorp, Inc. will hold its annual stockholder meeting on February 20, 2025, to elect directors, vote on executive compensation, and ratify the appointment of its accounting firm.
NASDAQ
Magyar Bancorp has announced its 2025 Annual Meeting of Stockholders to be held on February 20, 2025, where shareholders will vote on director elections, executive compensation, and the appointment of an independent auditor.
Schedule 13G - Passive Investments
NASDAQ
Magyar Bank Employee Stock Ownership Plan Trust reports a 6.9% beneficial ownership stake in Magyar Bancorp, Inc. common stock.
NASDAQ
M3 Funds, M3 Partners, M3F, Inc., Jason A. Stock, and William C. Waller filed an Amendment No. 8 to Schedule 13G, disclosing their passive beneficial ownership in Magyar Bancorp Inc. common stock.
NASDAQ
M3 Funds, LLC and its affiliates, including Jason A. Stock and William C. Waller, have disclosed a combined beneficial ownership of up to 5.31% of Magyar Bancorp Inc.'s common stock.
NASDAQ
SCHEDULE 13G/A: M3 Funds and Affiliates Disclose Significant Stake in Magyar Bancorp, Holding Over 6.5% of Common Stock
M3 Funds, LLC, along with its affiliates M3 Partners, LP, M3F, Inc., and individuals Jason A. Stock and William C. Waller, have collectively reported beneficial ownership of over 6.5% of Magyar Bancorp Inc.'s common stock as of December 31, 2024.
NASDAQ
SCHEDULE 13G: Magyar Bank Employee Stock Ownership Plan Trust Discloses 7.1% Stake in Magyar Bancorp, Inc.
The Magyar Bank Employee Stock Ownership Plan Trust has disclosed a 7.1% beneficial ownership stake in Magyar Bancorp, Inc., as of December 31, 2024, affirming its passive investment intent.