Magyar Bancorp (MGYR) Net Income (2010 - 2026)

Magyar Bancorp has reported Net Income for 12 years, with the latest figure at $3.0 million in Q1 2026.

• For the quarter ending Q1 2026, Net Income rose 13.02% year-over-year to $3.0 million; the trailing twelve-month figure through Mar 2026 stood at $11.2 million (up 24.01% YoY), and the FY2025 full-year result was $9.8 million, up 25.4% from the prior year.
• Net Income for Q1 2026 stood at $3.0 million, down from $3.1 million in the prior quarter.
• The five-year high for Net Income was $3.1 million in Q4 2025, with the low at $1.6 million in Q3 2023.
• Historically, Net Income has averaged $2.2 million across 5 years, with a median of $2.1 million in 2024.
• Annual changes were most pronounced in 2023 — Net Income slumped 35.39% — and 2024, when it surged 61.97%.
• Magyar Bancorp's Net Income stood at $1.8 million in 2022, then decreased by 8.73% to $1.7 million in 2023, then gained by 26.21% to $2.1 million in 2024, then surged by 50.41% to $3.1 million in 2025, then slipped by 3.38% to $3.0 million in 2026.
• The last three Net Income figures came in at $3.0 million (Q1 2026), $3.1 million (Q4 2025), and $2.5 million (Q3 2025), per Business Quant data.