- Magyar Bancorp reported **net income of $2.5 million** for the three months ended September 30, 2025, and **$9.8 million** for the fiscal year ended September 30, 2025, representing a **25.4% increase** in annual net income compared to the prior year.  **[1337068_0001174947-25-001313_ex99-1.htm:1]** 
- Basic earnings per share were **$0.41** for the three months ended September 30, 2025, and **$1.57** for the fiscal year ended September 30, 2025.  **[1337068_0001174947-25-001313_ex99-1.htm:1]** 
- The Board of Directors declared a quarterly cash dividend of **$0.08 per share**, payable on November 25, 2025, to stockholders of record as of November 13, 2025.  **[1337068_0001174947-25-001313_ex99-1.htm:1]** **[1337068_0001174947-25-001313_form8k-34825_mgyr.htm:2]** 
- The company achieved **record earnings** for the fiscal year, driven by a **20 basis point increase in net interest margin** and **10% growth in the loan portfolio**.  **[1337068_0001174947-25-001313_ex99-1.htm:1]**  Total assets increased **4.8% to $997.7 million** and total equity increased **7.5% to $118.8 million** for the year ended September 30, 2025.  **[1337068_0001174947-25-001313_ex99-1.htm:4]** **[1337068_0001174947-25-001313_ex99-1.htm:5]**

Magyar Bancorp Announces Fiscal Fourth Quarter and Year-End 2025 Financial Results and Quarterly Dividend

- Magyar Bancorp reported **record net income of $9.8 million** for the fiscal year ended September 30, 2025, a **25% increase** from $7.8 million in the prior year, with basic earnings per share rising to **$1.57** from $1.23.  **[1337068_20251030NY11390:0]** 
- The company's Board of Directors declared a **quarterly cash dividend of $0.08 per share**, payable on November 25, 2025.  **[1337068_20251030NY11390:0]** 
- Net interest margin increased by **20 basis points** to **3.34%** for the fiscal year ended September 30, 2025, and the loan portfolio grew **9.9%** to **$858.9 million**.  **[1337068_20251030NY11390:0]** **[1337068_20251030NY11390:1]** **[1337068_20251030NY11390:3]** 
- Total assets increased **4.8%** to **$997.7 million** and total equity increased **7.5%** to **$118.8 million** at September 30, 2025, compared to September 30, 2024, resulting in a book value per share of **$18.34**.  **[1337068_20251030NY11390:3]** **[1337068_20251030NY11390:4]**

Magyar Bancorp (MGYR)