$MGYR·8-K

Magyar Bancorp, Inc. · Jan 29, 4:01 PM ET

Magyar Bancorp, Inc. 8-K

Research Summary

AI-generated summary

Updated

Magyar Bancorp Reports Quarterly Results; Declares $0.10 Dividend

What Happened

  • Magyar Bancorp, Inc. (MGYR) issued a press release dated January 29, 2026 reporting its results of operations and financial condition for the three months ended December 31, 2025. The press release is furnished as Exhibit 99.1 to the 8-K.
  • The company also announced a cash dividend of $0.10 per common share, with shareholders of record at the close of business on February 12, 2026 eligible to receive the dividend, payable on February 26, 2026.
  • Magyar Bancorp said it will include detailed financial statements and additional analyses for the period in its upcoming Form 10-Q.

Key Details

  • Press release date: January 29, 2026 (furnished as Exhibit 99.1).
  • Reporting period: three months ended December 31, 2025.
  • Dividend: $0.10 per common share; record date February 12, 2026; payment date February 26, 2026.
  • Full financial statements and supplementary analyses to be filed in the company’s Form 10-Q.

Why It Matters

  • The 8-K confirms the company has publicly released its quarterly results and is distributing a cash dividend, both material items for shareholders and prospective investors.
  • Investors should review the forthcoming Form 10-Q for the detailed financial results (revenues, earnings, asset quality, capital ratios) referenced in the press release to assess performance and dividend sustainability.
  • Shareholders of record on February 12, 2026 will receive the declared $0.10 per share payment on February 26, 2026.