as of 03-20-2026 3:57pm EST
Magyar Bancorp Inc is an independent, community financial services provider offering traditional banking services to individual, business, and government customers. The Company attracts retail deposits through its main office in New Brunswick, New Jersey, and branch offices in Middlesex and Somerset Counties, and invests those funds mainly in commercial and residential real estate loans, commercial business loans, SBA loans, home equity loans and lines of credit, construction and land loans, and investment securities. Revenues are derived mainly from interest on loans and securities and from fees and service charges, with lending relationships focused on small to mid-sized businesses and individual consumers in central and northern New Jersey.
| Founded: | 1922 | Country: | United States |
| Employees: | N/A | City: | NEW BRUNSWICK |
| Market Cap: | 115.2M | IPO Year: | 2021 |
| Target Price: | N/A | AVG Volume (30 days): | 8.5K |
| Analyst Decision: | N/A | Number of Analysts: | N/A |
| Dividend Yield: | Dividend Payout Frequency: | annual | |
| EPS: | 0.50 | EPS Growth: | 26.83 |
| 52 Week Low/High: | $13.52 - $20.00 | Next Earning Date: | 04-29-2026 |
| Revenue: | N/A | Revenue Growth: | N/A |
| Revenue Growth (this year): | N/A | Revenue Growth (next year): | N/A |
| P/E Ratio: | 34.40 | Index: | N/A |
| Free Cash Flow: | 9.8M | FCF Growth: | +121.59% |
SEC 8-K filings with transcript text
Jan 29, 2026 · 100% conf.
1D
-0.22%
$17.54
Act: +0.66%
5D
-1.02%
$17.41
Act: +4.64%
20D
-1.88%
$17.25
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0001337068
2026-01-29 2026-01-29
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Date of Report (Date of earliest event reported): January 29, 2026
Magyar Bancorp, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware 000-51726 20-4154978
(State or Other Jurisdiction) (Commission File No.) (I.R.S. Employer
of Incorporation)
Identification No.)
400 Somerset Street, New Brunswick, New Jersey
08901
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code: (732) 342-7600
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
Trading Symbol(s)
Name of Each Exchange on Which Registered
Common Stock, par value $0.01 per share
The NASDAQ Stock Market, LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition
On January 29, 2026, Magyar Bancorp, Inc. (the “Company”) issued a press release regarding its results of operations and financial condition at and for the three months ended December 31, 2025. The text of the press release is included as Exhibit 99.1 to this report. The information included in the press release text is considered to be “furnished” under the Securities Exchange Act of 1934. The Company will include financial statements and additional analyses at and for the three ended December 31, 2025 as part of its Form 10-Q for the period.
Item 8.01.Other Events
On January 29, 2026, the Company announced that its Board of Directors has approved a quarterly cash dividend of $0.10 per common share to shareholders of record at the close of business on February 12, 2026, payable on February 26, 2026.
The text of the press release, dated January 29, 2026, announcing the dividend, and which also includes the Company’s quarterly earnings announcement, as stated above, is included as Exhibit 99.1 to this report and is incorporated herein by reference.
Item 9.01.Financial Statements and Exhibits
(a)Not applicable.
(b)Not applicable.
(c)Not applicable
(d)Exhibits
Exhibit Description
99.1 Press Release Dated January 29, 2026
104 The cover page for this Current Report on Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
DATE: January 29, 2026 By: /s/ John S. Fitzgerald
John S. Fitzgerald
President and Chief Executive Officer
Oct 30, 2025
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0001337068
2025-10-30 2025-10-30
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Date of Report (Date of earliest event reported): October 30, 2025
Magyar Bancorp, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware 000-51726 20-4154978
(State or Other Jurisdiction) (Commission File No.) (I.R.S. Employer
of Incorporation)
Identification No.)
400 Somerset Street, New Brunswick, New Jersey
08901
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code: (732) 342-7600
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
Trading Symbol(s)
Name of Each Exchange on Which Registered
Common Stock, par value $0.01 per share
The NASDAQ Stock Market, LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition
On October 30, 2025, Magyar Bancorp, Inc. (the “Company”) issued a press release regarding its results of operations and financial condition at and for the three and twelve months ended September 30, 2025. The text of the press release is included as Exhibit 99.1 to this report. The information included in the press release text is considered to be “furnished” under the Securities Exchange Act of 1934. The Company will include financial statements and additional analyses at and for the three and twelve months ended September 30, 2025, as part of its Form 10-K for the period.
Item 8.01.Other Events
On October 30, 2025, the Company announced that its Board of Directors has approved a quarterly cash dividend of $0.08 per common share to shareholders of record at the close of business on November 13, 2025, payable on November 25, 2025.
The text of the press release, dated October 30, 2025, announcing the dividend, and which also includes the Company’s quarterly earnings announcement, as stated above, is included as Exhibit 99.1 to this report and is incorporated herein by reference.
Item 9.01.Financial Statements and Exhibits
(a)Not applicable.
(b)Not applicable.
(c)Not applicable
(d)Exhibits
Exhibit Description
99.1 Press Release Dated October 30, 2025
104 The cover page for this Current Report on Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
DATE: October 30, 2025 By: /s/ John S. Fitzgerald
John S. Fitzgerald
President and Chief Executive Officer
Jul 24, 2025
false 0001337068
0001337068
2025-07-24 2025-07-24
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Date of Report (Date of earliest event reported): July 24, 2025
Magyar Bancorp, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware 000-51726 20-4154978
(State or Other Jurisdiction) (Commission File No.) (I.R.S. Employer
of Incorporation)
Identification No.)
400 Somerset Street, New Brunswick, New Jersey
08901
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code: (732) 342-7600
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
Trading Symbol(s)
Name of Each Exchange on Which Registered
Common Stock, par value $0.01 per share
The NASDAQ Stock Market, LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition
On July 24, 2025, Magyar Bancorp, Inc. (the “Company”) issued a press release regarding its results of operations and financial condition at and for the three and nine months ended June 30, 2025. The text of the press release is included as Exhibit 99.1 to this report. The information included in the press release text is considered to be “furnished” under the Securities Exchange Act of 1934. The Company will include financial statements and additional analyses at and for the three and nine months ended June 30, 2025, as part of its Form 10-Q for the period.
Item 8.01.Other Events
On July 24, 2025, the Company announced that its Board of Directors has approved a quarterly cash dividend of $0.08 per common share to shareholders of record at the close of business on August 7, 2025, payable on August 21, 2025.
The text of the press release, dated July 24, 2025, announcing the dividend, and which also includes the Company’s quarterly earnings announcement, as stated above, is included as Exhibit 99.1 to this report and is incorporated herein by reference.
Item 9.01.Financial Statements and Exhibits
(a)Not applicable.
(b)Not applicable.
(c)Not applicable
(d)Exhibits
Exhibit Description
99.1 Press Release Dated July 24, 2025
104 The cover page for this Current Report on Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
DATE: July 24, 2025 By: /s/ John S. Fitzgerald
John S. Fitzgerald
President and Chief Executive Officer
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