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Magyar Bancorp, Inc. President and CEO John S. Fitzgerald reported the grant of 1,801 shares of Common Stock on August 13, 2026 at $19.45 per share, held indirectly through a 401(k), bringing that 401(k) position to 45,836 shares.
He also reports direct ownership of 86,382 Common shares (including restricted stock vesting 20% annually from September 22, 2023), indirect holdings of 13,811 shares by IRA and 16,404 shares by ESOP, plus stock options over 60,000 shares at a $12.70 exercise price expiring September 22, 2032, vesting 20% per year from September 22, 2023.
Magyar Bancorp, Inc. reported higher results for the quarter and nine months ended June 30, 2026. Total assets rose 5.1% to $1.05 billion, driven by growth in loans, investment securities and cash. Loans receivable increased 3.6% to $890.0 million, while deposits grew 4.9% to $853.9 million, aided by a successful campaign for short-term certificates of deposit.
Quarterly net income was $3.1 million versus $2.5 million a year earlier; nine‑month net income was $9.3 million versus $7.2 million, with diluted EPS of $1.47 versus $1.16. The net interest margin improved to 3.65% from 3.35%. Asset quality metrics were strong: non‑performing loans fell to $359 thousand, only 0.04% of total loans, and non‑performing assets were 0.03% of total assets. The allowance for credit losses was $8.9 million, about 1.00% of total loans. Stockholders’ equity increased to $126.6 million, and book value per share rose to $19.61 after dividends and share repurchases.
Magyar Bancorp, Inc. director and EVP/CFO Jon Ansari reported an automatic grant of 1,019 shares of Common Stock at $19 credited to his 401(k) on July 30, 2026, bringing that plan’s holdings to 27,138 shares. He also reports 75,805 directly held common shares, including restricted stock vesting 20% per year from September 22, 2023, and 40,000 stock options on common stock with a $12.70 exercise price expiring September 22, 2032, which likewise vest 20% annually from that date.
Magyar Bancorp reported strong fiscal third‑quarter results. Net income for the three months ended June 30, 2026 rose to $3.1 million, a 25% increase from $2.5 million a year earlier, while nine‑month net income increased to $9.3 million from $7.2 million. Basic EPS grew to $0.50 for the quarter and $1.49 year‑to‑date. Net interest and dividend income rose on higher yields and a 30–33 basis point expansion in net interest margin, as asset growth and a lower cost of interest‑bearing liabilities supported earnings.
Credit costs increased as the provision for credit losses rose and net charge‑offs included a $300 thousand construction loan, but asset quality metrics remained strong, with non‑performing assets at 0.03% of total assets. Total assets reached 1,048,500 (Dollars in Thousands) and deposits 853,869 (Dollars in Thousands), while book value per share increased to $19.61. The board approved a quarterly cash dividend of $0.10 per share, payable August 20, 2026 to shareholders of record on August 6, 2026, alongside share repurchases during the period. Magyar was also named to Keefe Bruyette & Woods’ 2026 Honor Roll for consistent earnings growth.
Ruane Maureen reported acquisition or exercise transactions in this Form 4 filing.
Magyar Bancorp, Inc. director Maureen Ruane reported receiving a grant of 938 shares of Common Stock at $17.26 per share. This was a compensation-related award rather than an open-market purchase. Following the grant, she directly holds a total of 6,092 Common Stock shares.
Magyar Bancorp, Inc. reported stronger results for the quarter ended March 31, 2026, driven by loan and deposit growth and wider margins. Net income for the quarter rose to $3.03 million from $2.68 million, with basic earnings per share increasing to $0.49 from $0.43. For the six-month period, net income grew to $6.17 million from $4.77 million. Total assets reached $1.07 billion, supported by loans receivable of $879.9 million and deposits of $878.4 million. The net interest margin improved to 3.66% for the quarter as loan yields increased while funding costs eased slightly. Credit quality remained solid, with non-performing loans of $294 thousand, or 0.03% of total loans, and an allowance for credit losses of $8.6 million, or 0.98% of loans. Commercial real estate and construction lending continued to expand, while one-to-four family and home equity balances declined modestly. Stockholders’ equity increased to $124.2 million, and book value per share rose to $19.19 despite ongoing dividends and share repurchases.
Magyar Bancorp reported stronger quarterly and half-year results and raised its dividend visibility. Net income for the three months ended March 31, 2026 rose 13% to $3.0 million, while six-month net income increased 29% to $6.2 million. Quarterly basic earnings per share were $0.49 versus $0.43 a year earlier.
Net interest and dividend income grew as the net interest margin expanded to 3.66% for the quarter and 3.63% for the six-month period. Asset quality improved, with non-performing loans and non-performing assets both declining. The Board declared a quarterly cash dividend of $0.10 per share, payable May 21, 2026 to shareholders of record on May 7, 2026. Book value per share increased to $19.19 at March 31, 2026.
Magyar Bancorp director Joseph A. Yelencsics received a grant of 200 shares of common stock at $17.556 per share. Following this award, he holds 33,365 common shares, including restricted stock that vests 20% per year starting August 26, 2023, plus stock options for 19,550 shares at a $12.25 exercise price expiring in 2032.
Magyar Bancorp, Inc. director and President & CEO John S. Fitzgerald reported an indirect acquisition of 739 shares of common stock at $18 per share on behalf of an IRA, bringing that IRA’s holdings to 13,811 common shares. Separate entries show Fitzgerald’s direct holdings of common stock and stock options, as well as indirect holdings through an ESOP and a 401(k) plan. Footnotes note that certain restricted stock and stock options vest at 20% per year starting on September 22, 2023.
Magyar Bancorp, Inc. executive vice president and CFO Jon Ansari reported an equity award and updated his holdings. On February 25, 2026, he acquired 500 shares of common stock as a grant at $18.00 per share, bringing his directly held common stock to 75,805 shares.
He also reported 40,000 stock options held directly. Indirect common stock holdings total 2,102 shares through his spouse’s IRA, 15,597 shares through an ESOP, and 25,752 shares through a 401(k). Footnotes state restricted stock and stock options vest 20% per year starting on September 22, 2023.