MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS, DECLARES DIVIDEND, APPOINTS MICHAEL R. LOMBARDI AS DIRECTOR
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Magyar Bancorp, Inc. (MGYR)
US:NASDAQ Investor Relations:
magbank.com
Company Research
Source: PR Newswire
NEW BRUNSWICK, N.J., July 25, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and nine months ended June 30, 2024.The Company's net income was $1.7 million for the three months ended June 30, 2024 and $5.2 million for the nine months ended June 30, 2024. Basic and diluted earnings per share were $0.27 for the three months ended June 30, 2024 and $0.83 for the nine months ended June 30, 2024.The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share, which will be paid on August 22, 2024 to stockholders of record as of August 8, 2024.The Company further announced that Michael R. Lombardi was elected to serve as Director of the Company on July 25, 2024. Mr. Lombardi will serve as a member of the class of Directors whose term expires following the fiscal year ending September 30, 2026."The challenging interest rate environment continu
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MGYR
Sec Filings
- 9/5/24 - Form 4
- 8/13/24 - Form 10-Q
- 7/25/24 - Form 3
- MGYR's page on the SEC website