NASDAQ:MGYR

Magyar Bancorp Stock Edges Down After Dividend Day, Tiny Volume in Focus
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Magyar Bancorp Stock Edges Down After Dividend Day, Tiny Volume in Focus

Magyar Bancorp shares fell 0.85% to $17.45 on Nasdaq Friday, with volume at 3,850 shares, about double the average. The drop followed the company’s quarterly dividend payment date. Net income for the March quarter rose 13% to $3 million, but the provision for credit losses increased to $256,000 from a $30,000 recovery a year earlier. The broader market ended higher, with the Russell 2000 up 0.9%.
May 23, 2026

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