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NEW BRUNSWICK, N.J., July 25, 2024 /PRNewswire/ -- 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, 2024. The Company's net income was $1.7 million for the three months ended June 30, 2024 and $5.2 million for the nine months ended June 30, 2024. Basic and diluted earnings per share were $0.27 for the three months ended June 30, 2024 and $0.83 for the nine months ended June 30, 2024. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share, which will be paid on August 22, 2024 to stockholders of record as of August 8, 2024. Th
SC 13G/A - Magyar Bancorp, Inc. (0001337068) (Subject)
SC 13G/A - Magyar Bancorp, Inc. (0001337068) (Subject)
SC 13G/A - Magyar Bancorp, Inc. (0001337068) (Subject)
NEW BRUNSWICK, N.J., Oct. 31, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ:MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and fiscal year ended September 30, 2024. The Company reported $2.5 million in net income for the three months ended September 30, 2024 compared with net income of $2.2 million for the three months ended September 30, 2023. The Company also reported net income of $7.8 million for the year ended September 30, 2024 compared with $7.7 million for the year ended September 30, 2023. The Company's basic and diluted earnings per share were $0.41 and $1.23 for the three months and year ended September 30, 2
NEW BRUNSWICK, N.J., April 23, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ:MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and six months ended March 31, 2024. The Company reported a 6% increase in its net income for the three months ended March 31, 2024, to $1,897,000 compared with net income of $1,796,000 for the three months ended March 31, 2023. Net income for the six months ended March 31, 2024 was $3,549,000 compared with net income of $3,606,000 for the six months ended March 31, 2023. Basic and diluted earnings per share were $0.30 for the three months ended March 31, 2024 compared with $0.28 for the three months ended Mar
NEW BRUNSWICK, N.J., Jan. 25, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ:MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three months ended December 31, 2023. The Company reported net income for the three months ended December 31, 2023 of $1.7 million. Net income declined 8.7% from $1.8 million for the three months ended December 31, 2022. Basic and diluted earnings per share were $0.26 for the three months ended December 31, 2023 compared to $0.28 for the three months ended December 31, 2022. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share, which will be paid on February 22,
4 - Magyar Bancorp, Inc. (0001337068) (Issuer)
4 - Magyar Bancorp, Inc. (0001337068) (Issuer)
4 - Magyar Bancorp, Inc. (0001337068) (Issuer)
NEW BRUNSWICK, N.J., Oct. 31, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ:MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and fiscal year ended September 30, 2024. The Company reported $2.5 million in net income for the three months ended September 30, 2024 compared with net income of $2.2 million for the three months ended September 30, 2023. The Company also reported net income of $7.8 million for the year ended September 30, 2024 compared with $7.7 million for the year ended September 30, 2023. The Company's basic and diluted earnings per share were $0.41 and $1.23 for the three months and year ended September 30, 2
NEW BRUNSWICK, N.J., July 25, 2024 /PRNewswire/ -- 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, 2024. The Company's net income was $1.7 million for the three months ended June 30, 2024 and $5.2 million for the nine months ended June 30, 2024. Basic and diluted earnings per share were $0.27 for the three months ended June 30, 2024 and $0.83 for the nine months ended June 30, 2024. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share, which will be paid on August 22, 2024 to stockholders of record as of August 8, 2024. Th
NEW BRUNSWICK, N.J., April 23, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ:MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and six months ended March 31, 2024. The Company reported a 6% increase in its net income for the three months ended March 31, 2024, to $1,897,000 compared with net income of $1,796,000 for the three months ended March 31, 2023. Net income for the six months ended March 31, 2024 was $3,549,000 compared with net income of $3,606,000 for the six months ended March 31, 2023. Basic and diluted earnings per share were $0.30 for the three months ended March 31, 2024 compared with $0.28 for the three months ended Mar
Tuesday marks the last chance for investors to receive the next dividend payout from Magyar Bancorp (NASDAQ:MGYR). What's Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 5 cents per share. On Wednesday, Magyar Bancorp will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 5 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own MGYR as of the end of Tuesday's session are eligible to receive the 5 cents dividen
Magyar Bancorp (NASDAQ:MGYR) reported quarterly earnings of $0.26 per share. This is a 7.14 percent decrease over earnings of $0.28 per share from the same period last year.
The special cash dividend is payable on December 12, 2023 to shareholders of record on November 28, 2023.
8-K - Magyar Bancorp, Inc. (0001337068) (Filer)
10-Q - Magyar Bancorp, Inc. (0001337068) (Filer)
8-K - Magyar Bancorp, Inc. (0001337068) (Filer)
4 - Magyar Bancorp, Inc. (0001337068) (Issuer)
3 - Magyar Bancorp, Inc. (0001337068) (Issuer)
4 - Magyar Bancorp, Inc. (0001337068) (Issuer)