Magyar Bancorp, Inc. (MGYR)

Magyar Bancorp Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022
Interest Income on Loans	60.47	49.92	43.11	35.23	27.84
Interest Income on Investments	-	4.79	5.47	2.84	1.66
Total Interest Income	60.47	54.71	48.57	38.07	29.5
Interest Paid on Deposits	23	21.76	19.73	9.49	2.07
Interest Paid on Borrowings	-	1.05	0.87	0.85	0.41
Total Interest Expense	23	22.81	20.6	10.33	2.48
Net Interest Income	37.46	31.9	27.97	27.73	27.02
Net Interest Income Growth	17.45%	14.02%	0.86%	2.65%	5.60%
Gain (Loss) on Sale of Assets	-	-	0.06	0.01	-
Other Non-Interest Income	3.14	2.35	1.65	2.11	1.72
Total Non-Interest Income	3.14	3.71	3.61	2.68	2.72
Non-Interest Income Growth	-15.49%	2.77%	34.71%	-1.21%	-20.36%
Revenues Before Loan Losses	40.6	35.61	31.59	30.42	29.73
Provision for Loan Losses	0.95	0.4	0.09	0.38	0.3
Revenue	39.65	35.21	31.5	30.04	29.43
Revenue Growth	12.63%	11.78%	4.87%	2.06%	7.54%
Salaries and Employee Benefits	-	11.91	11.02	10.35	10.3
Occupancy Expenses	-	0.94	0.89	0.84	0.84
Federal Deposit Insurance	-	0.45	0.42	0.34	0.22
Selling, General & Administrative	-	5.74	5.71	5.62	4.97
Other Non-Interest Expense	22	2.37	2.35	2.15	1.94
Total Non-Interest Expense	22	21.4	20.4	19.29	18.26
EBT Excluding Unusual Items	17.66	13.81	11.1	10.74	11.17
Pretax Income	17.66	13.81	11.1	10.74	11.17
Income Tax Expense	5.09	4.05	3.32	3.03	3.25
Net Income	12.56	9.76	7.78	7.71	7.92
Net Income to Common	12.56	9.76	7.78	7.71	7.92
Net Income Growth	28.70%	25.40%	0.96%	-2.65%	29.39%
Basic Shares Outstanding	6	6	6	6	7
Diluted Shares Outstanding	6	6	6	6	7
Shares Change	1.16%	-1.61%	-1.29%	-5.26%	12.33%
EPS (Basic)	2.02	1.57	1.23	1.20	1.17
EPS (Diluted)	1.99	1.56	1.23	1.20	1.17
EPS Growth	27.56%	27.11%	2.28%	2.76%	15.20%

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022
Dividend Per Share	-	0.250	0.190	0.120	0.090
Dividend Growth	-	31.58%	58.33%	33.33%	-
Effective Tax Rate	28.85%	29.32%	29.88%	28.23%	29.10%

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 3, 2026

Data Sources Report a data error