Magyar Bancorp Files 8-K on Financials and Operations
Ticker: MGYR · Form: 8-K · Filed: Apr 23, 2024 · CIK: 1337068
Sentiment: neutral
Topics: financial-reporting, operations
TL;DR
Magyar Bancorp dropped an 8-K detailing financials and other key events. Check it out.
AI Summary
Magyar Bancorp, Inc. filed an 8-K on April 23, 2024, reporting on its results of operations and financial condition, as well as other events. The filing includes financial statements and exhibits related to the company's performance.
Why It Matters
This filing provides investors with crucial updates on Magyar Bancorp's financial health and operational activities, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a routine filing reporting on financial condition and operations, not indicating any immediate or significant new risks.
Key Players & Entities
- Magyar Bancorp, Inc. (company) — Registrant
- April 23, 2024 (date) — Date of earliest event reported
- 400 Somerset Street, New Brunswick, New Jersey 08901 (address) — Principal Executive Offices
- (732) 342-7600 (phone_number) — Registrant's telephone number
FAQ
What specific financial results are being reported in this 8-K?
The filing indicates it reports on 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits', but the specific details of these results are not provided in the header information.
What are the 'Other Events' mentioned in the filing?
The filing lists 'Other Events' as an item information category, but the nature of these events is not detailed in the provided header.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on April 23, 2024.
What is Magyar Bancorp, Inc.'s principal executive office address?
Magyar Bancorp, Inc.'s principal executive offices are located at 400 Somerset Street, New Brunswick, New Jersey 08901.
What is the telephone number for Magyar Bancorp, Inc.?
The telephone number for Magyar Bancorp, Inc. is (732) 342-7600.
Filing Stats: 585 words · 2 min read · ~2 pages · Grade level 9.5 · Accepted 2024-04-23 16:01:22
Key Financial Figures
- $0.01 — ch Registered Common Stock, par value $0.01 per share MGYR The NASDAQ Stock Mar
- $0.05 — s approved a quarterly cash dividend of $0.05 per common share to shareholders of rec
Filing Documents
- form8k-32127_mgyr.htm (8-K) — 28KB
- ex99-1.htm (EX-99.1) — 64KB
- image_001.jpg (GRAPHIC) — 9KB
- 0001174947-24-000571.txt ( ) — 286KB
- mgyr-20240423.xsd (EX-101.SCH) — 3KB
- mgyr-20240423_lab.xml (EX-101.LAB) — 34KB
- mgyr-20240423_pre.xml (EX-101.PRE) — 22KB
- form8k-32127_mgyr_htm.xml (XML) — 4KB
02
Item 2.02 Results of Operations and Financial Condition On April 23, 2024, Magyar Bancorp, Inc. (the "Company") issued a press release regarding its results of operations and financial condition at and for the three and six months ended March 31, 2024. The text of the press release is included as Exhibit 99.1 to this report. The information included in the press release text is considered to be "furnished" under the Securities Exchange Act of 1934. The Company will include financial statements and additional analyses at and for the three and six months ended March 31, 2024, as part of its Form 10-Q for the period.
01
Item 8.01. Other Events On April 23, 2024, the Company announced that its Board of Directors has approved a quarterly cash dividend of $0.05 per common share to shareholders of record at the close of business on May 7, 2024, payable on May 21, 2024. The text of the press release, dated April 23, 2024, announcing the dividend, and which also includes the Company's quarterly earnings announcement, as stated above, is included as Exhibit 99.1 to this report and is incorporated herein by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits (a) Not Applicable. (b) Not Applicable. (c) Not Applicable (d) Exhibits. Exhibit Description 99.1 Press Release Dated April 23, 2024 104 The cover page for this Current Report on Form 8-K, formatted in Inline XBRL
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. MAGYAR BANCORP, INC. DATE: April 23, 2024 By: /s/ John S. Fitzgerald John S. Fitzgerald President and Chief Executive Officer