Magyar Bancorp reports Q3 GAAP EPS of $0.49 on revenue of $10.23 million

Earnings
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Magyar Bancorp reported third-quarter GAAP earnings per share of $0.49 on revenue of $10.23 million. Net interest and dividend income rose $1.2 million, or 15.2%, to $9.4 million for the quarter ended June 30, 2026 compared with the same quarter a year earlier. The company attributed the increase to a 30-basis-point expansion in net interest margin to 3.65% and a $57.0 million rise in the average balance of interest-earning assets.

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Financials▲ · 1 stocks
Magyar Bancorp Inc
MGYR
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Reports higher GAAP EPS and revenue, with net interest income up 15.2% and margin expansion.

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