Magyar Bancorp, Inc.
Magyar Bancorp is a Delaware corporation that owns Magyar Bank, a New Jersey-chartered savings bank headquartered in New Brunswick, New Jersey. Magyar Bank serves individuals and small to medium-sized businesses, primarily in central and northern New Jersey. It operates a main office and seven branch offices in New Jersey, attracting retail deposits from communities around Middlesex and Somerset Counties and lending throughout New Jersey. The bank invests deposits, operating funds and wholesale funding in commercial and residential mortgage loans, commercial business and SBA loans, home equity loans and lines of credit, construction and land loans, and securities. It offers demand, NOW, money market, savings, retirement and certificate of deposit accounts. It makes money principally from interest on loans and securities, as well as fees and service charges. Magyar Bancorp’s only subsidiary is Magyar Bank; the bank also holds subsidiaries involved in investment securities and urban renewal.
No SEC Form 4 filings for $MGYR in the last 30 days.
See all $MGYR insider activity →Magyar Bancorp (MGYR) reported a 31% increase in Q4 net income to $3.3M and a 29% rise in annual net income to $12.6M. EPS grew to $0.53 for Q4 and $2.02 for the year. The company declared a $0.12 quarterly dividend. Growth was driven by higher net interest income and loan growth, despite higher credit loss provisions and lower non-interest income.
Magyar Bancorp, Inc. (MGYR) filed an SEC Form 8-K — Results of Operations and Financial Condition. 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 Ma
Magyar Bancorp (NASDAQ:MGYR) experienced an 18.4% decrease in short interest during February, bringing the total to 5,834 shares, representing approximately 0.1% of outstanding shares. The company recently increased its quarterly dividend to $0.10 per share, resulting in an annualized dividend of $0.40 and a yield of 2.3%. Magyar Bancorp reported strong financial results with $0.50 EPS and $9.66 million in revenue last quarter, maintaining a "Hold" rating from analysts.
Over the past 7 days, AlphAI's AI scored 6 news stories mentioning MGYR (Magyar Bancorp, Inc.). Coverage has skewed bullish: 4 bullish, 2 neutral, and 0 bearish.
Recent MGYR coverage spans earnings and financial news.
Earnings beat and dividend increase suggest positive sentiment.
The filing provides fresh earnings datapoints plus a new cash dividend, which can drive near-term valuation and income-demand flows.
Magyar Bancorp experienced an 18.4% decrease in short interest in February, with a recent dividend increase and strong quarterly earnings, suggesting potential positive sentiment.
AlphAI scores every news story that mentions MGYR with an AI model for sentiment and relevance, and aggregates insider trades from Magyar Bancorp, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Magyar Bancorp (MGYR) reported a 31% increase in Q4 net income to $3.3M and a 29% rise in annual net income to $12.6M. EPS grew to $0.53 for Q4 and $2.02 for the year. The company declared a $0.12 quarterly dividend. Growth was driven by higher net interest income and loan growth, despite higher credit loss provisions and lower non-interest income.
2 min readMagyar Bancorp, Inc. (MGYR) filed an SEC Form 8-K — Results of Operations and Financial Condition. 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 Ma
4 min readMagyar Bancorp (NASDAQ:MGYR) experienced an 18.4% decrease in short interest during February, bringing the total to 5,834 shares, representing approximately 0.1% of outstanding shares. The company recently increased its quarterly dividend to $0.10 per share, resulting in an annualized dividend of $0.40 and a yield of 2.3%. Magyar Bancorp reported strong financial results with $0.50 EPS and $9.66 million in revenue last quarter, maintaining a "Hold" rating from analysts.
3 min read
