Magyar Bancorp, Inc. (MGYR)

Magyar Bancorp Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Interest Income on Loans	54.71	43.11	35.23	27.84	27.55
Interest Income on Investments	-	5.47	2.84	1.66	0.98
Total Interest Income	54.71	48.57	38.07	29.5	28.53
Interest Paid on Deposits	22.81	19.73	9.49	2.07	2.29
Interest Paid on Borrowings	-	0.87	0.85	0.41	0.65
Total Interest Expense	22.81	20.6	10.33	2.48	2.94
Net Interest Income	31.9	27.97	27.73	27.02	25.59
Net Interest Income Growth (YoY)	14.02%	0.86%	2.65%	5.60%	19.49%
Gain (Loss) on Sale of Assets	-	0.06	0.01	-	-
Other Non-Interest Income	2.61	1.65	2.11	1.72	2.66
Total Non-Interest Income	3.71	3.61	2.68	2.72	3.41
Non-Interest Income Growth (YoY)	2.77%	34.71%	-1.21%	-20.36%	98.66%
Revenues Before Loan Losses	35.61	31.59	30.42	29.73	29
Provision for Loan Losses	0.4	0.09	0.38	0.3	1.63
Revenue	35.21	31.5	30.04	29.43	27.37
Revenue Growth (YoY)	11.78%	4.87%	2.06%	7.54%	27.50%
Salaries and Employee Benefits	-	11.02	10.35	10.3	10.51
Occupancy Expenses	-	0.89	0.84	0.84	0.84
Federal Deposit Insurance	-	0.42	0.34	0.22	0.42
Selling, General & Administrative	3.5	5.71	5.62	4.97	4.75
Other Non-Interest Expense	17.9	2.35	2.15	1.94	1.9
Total Non-Interest Expense	21.4	20.4	19.29	18.26	18.64
EBT Excluding Unusual Items	13.81	11.1	10.74	11.17	8.73
Pretax Income	13.81	11.1	10.74	11.17	8.73
Income Tax Expense	4.05	3.32	3.03	3.25	2.61
Net Income	9.76	7.78	7.71	7.92	6.12
Net Income to Common	9.76	7.78	7.71	7.92	6.12
Net Income Growth	25.40%	0.96%	-2.65%	29.39%	179.45%
Basic Shares Outstanding	6	6	6	7	6
Diluted Shares Outstanding	6	6	6	7	6
Shares Change (YoY)	-1.34%	-1.29%	-5.26%	12.33%	-15.02%
EPS (Basic)	1.57	1.23	1.20	1.17	1.01
EPS (Diluted)	1.56	1.23	1.20	1.17	1.01
EPS Growth	27.11%	2.28%	2.76%	15.20%	228.86%
Dividend Per Share	0.250	0.190	0.120	0.090	-
Dividend Growth	31.58%	58.33%	33.33%	-	-
Effective Tax Rate	29.32%	29.88%	28.23%	29.10%	29.86%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q