MAGYAR BANCORP, INC. ANNOUNCES SECOND QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND
Magyar Bancorp, Inc. (MGYR)
US:NASDAQ Investor Relations:
magbank.com
Company Research
Source: PR Newswire
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 March 31, 2023. Basic and diluted earnings per share were unchanged at $0.56 for the six months ended March 31, 2024 compared with the six months ended March 31, 2023.The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share, which will be paid on May 2
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News
- Magyar Bancorp Second Quarter 2024 Earnings: EPS: US$0.30 (vs US$0.28 in 2Q 2023) [Yahoo! Finance]Yahoo! Finance
- MAGYAR BANCORP, INC. ANNOUNCES SECOND QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND [Yahoo! Finance]Yahoo! Finance
- This Magyar Bancorp Insider Increased Their Holding In The Last Year [Yahoo! Finance]Yahoo! Finance
- Investors in Magyar Bancorp (NASDAQ:MGYR) have seen respectable returns of 40% over the past three years [Yahoo! Finance]Yahoo! Finance
MGYR
Sec Filings
- 4/23/24 - Form 8-K
- 2/23/24 - Form 8-K
- 2/22/24 - Form 8-K
- MGYR's page on the SEC website