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

Magyar Bancorp

30/10/2025 20:22

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.)