Magyar Bancorp, Inc. reported a 25.2% increase in net income for the three months ended June 30, 2026, reaching $3.1 million compared to $2.5 million in the prior year period. Net income for the nine months ended June 30, 2026, rose 28.0% to $9.3 million. The company's net interest margin increased to 3.65% for the quarter, up from 3.35% in the same period in 2025. Total assets grew to $1.048 billion as of June 30, 2026. Additionally, the Board of Directors approved a quarterly cash dividend of $0.10 per common share. Magyar Bancorp is a financial services company that operates as the parent company of Magyar Bank.