Magyar Bancorp, Inc. filings document the public-company disclosures of a bank holding company whose wholly owned subsidiary is Magyar Bank, a New Jersey chartered savings bank. Recent Form 8-K reports furnish earnings releases on operating results and financial condition, including quarterly and annual periods, and record board-approved cash dividends.
The filing record also includes annual meeting disclosures covering director elections, advisory executive-compensation votes and auditor ratification. Regulation FD materials provide stockholder presentation content on the company's financial performance and community banking strategy, tying governance and investor communications to Magyar Bank's lending, deposit and capital position.
M3 Funds, LLC, M3 Partners, L.P., M3F, Inc., Jason A. Stock, and William C. Waller filed an amended Schedule 13G reporting a sub‑5% passive stake in Magyar Bancorp Inc. common stock. The group beneficially owns 280,350 shares through M3 Partners, L.P., representing 4.33% of the outstanding common stock.
Including personal holdings, Jason Stock reports beneficial ownership of 291,954 shares, or 4.51% of the class, and William Waller reports 286,200 shares, or 4.42%. They certify the securities are not held for the purpose of changing or influencing control of Magyar Bancorp.
Magyar Bancorp, Inc. furnished a press release detailing its results of operations and financial condition for the three months ended December 31, 2025, as Exhibit 99.1 to this report. The company plans to include full financial statements and additional analysis in its upcoming Form 10-Q.
The company also announced that its Board of Directors approved a quarterly cash dividend of $0.10 per common share, payable on February 26, 2026 to shareholders of record at the close of business on February 12, 2026. The same press release includes both the dividend declaration and the quarterly earnings announcement.
Magyar Bancorp, Inc. reported that one of its directors acquired additional shares of the company’s common stock. On 12/11/2025 and 12/12/2025, the director reported three purchase transactions for 1, 288 and 261 shares at per-share prices ranging from $17.02 to $17.24. After these transactions, the director directly holds a total of 1,000 shares of Magyar Bancorp common stock.
Magyar Bancorp (MGYR) reported an insider transaction by a director. On 11/06/2025, the director acquired 1,464 shares of common stock at $17.2399 per share. Following this transaction, the reporting person beneficially owns 5,154 shares.
The filing was made by one reporting person and reflects direct ownership. The submission is a Form 4 and indicates the transaction code “A” for an acquisition.
Magyar Bancorp (MGYR): A company insider who serves as Director and President and CEO reported buying 200 shares of common stock on 11/06/2025 at $17.24 per share.
Following this trade, directly held shares were 86,382. Indirect holdings were 15,195 (by ESOP), 12,823 (by IRA), and 39,801 (by 401(k)). The insider also holds stock options for 60,000 shares at an exercise price of $12.70, expiring 09/22/2032, and restricted shares that vest 20% per year starting 09/22/2023.
Magyar Bancorp, Inc. reported it furnished a press release with its results of operations and financial condition for the three and twelve months ended September 30, 2025, as Exhibit 99.1. The Company stated it will include financial statements and additional analyses for these periods in its upcoming Form 10-K.
The Board approved a quarterly cash dividend of $0.08 per common share, payable on November 25, 2025 to shareholders of record at the close of business on November 13, 2025. The dividend announcement and the quarterly earnings release are both included in the same press release dated October 30, 2025.
Magyar Bancorp, Inc. reported stronger results through the nine months ended June 30, 2025 with total assets of $987.5 million, up $35.6 million (3.7%) from September 30, 2024. Loans receivable rose to $845.4 million, an increase of $64.2 million (8.2%) driven largely by a $62.7 million increase in commercial real estate loans. Deposits increased to $820.0 million and borrowings rose to $36.1 million to help fund loan growth.
Profitability improved: net interest and dividend income for the three months was $8.178 million versus $6.784 million a year earlier and net income was $2.470 million for the quarter ($0.40 EPS) versus $1.691 million ($0.27 EPS). For nine months net income was $7.235 million and diluted EPS was $1.16. Asset quality shows non-performing loans of $920 thousand (up from $232 thousand) and the allowance for credit losses increased to $8.3 million (0.98% of loans). Investment securities contained $1.198 million of unrealized losses and cash and cash equivalents fell to $7.051 million as funds were deployed into loans.