Magyar Bancorp fiscal Q4 net income stable, FY net income up 25%

Reuters
Oct 31, 2025
<a href="https://laohu8.com/S/MGYR">Magyar Bancorp</a> fiscal Q4 net income stable, FY net income up 25%

Overview

  • Magyar Bancorp fiscal Q4 net income stable at $2.5 mln, FY net income up 25%

  • Company declares quarterly dividend of $0.08 per share

  • Net interest margin increased by 39 basis points for fiscal Q4

Outlook

  • Company did not provide specific guidance for future quarters or fiscal year

Result Drivers

  • NET INTEREST MARGIN - FY NIM grew 20 bps, driven by higher interest income on loan originations and adjustable-rate commercial term loans repricing higher

  • LOAN PORTFOLIO GROWTH - 10% growth in loan portfolio contributed to annual net income increase

  • CREDIT LOSS PROVISIONS - Increased provisions for credit loss due to growth in commercial real estate loans and construction loan commitments

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Dividend

$0.08

Press Release: ID:nPn5DsvLFa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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