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Stock impact report

MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND [Yahoo! Finance]

Magyar Bancorp, Inc. (MGYR) 
US:NASDAQ Investor Relations: magbank.com
Company Research Source: Yahoo! Finance
The Company reported a 46% increase in its net income for the three months ended June 30, 2025 , to $2.5 million compared with net income of $1.7 million for the three months ended June 30, 2024 . Net income for the nine months ended June 30, 2025 was $7.2 million compared with net income of $5.2 million for the nine months ended June 30, 2024 Basic and diluted earnings per share were for the three months ended June 30, 2025 compared with for the three months ended June 30, 2024 . Basic and diluted earnings per share were for the nine months ended June 30, 2025 compared with for the nine months ended June 30, 2024 The Company also announced that its Board of Directors declared an increase in its quarterly cash dividend to per share, which will be paid on August 21, 2025 to stockholders of record as of August 7, 2025. "Our Community Banking strategy continues to produce strong financial results," stated John Fitzgerald , President and Chief Executive Officer of Magyar Bancorp. " Show less Read more
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