Magyar Bancorp, Inc. was recognized by KBW as a member of its 2025 Bank Honor Roll, marking the second consecutive year the company has received this distinction. The Honor Roll comprises 16 elite, high-performing banks that demonstrate strong and consistent earnings growth over the past decade.
Banks are selected based on criteria including consistent earnings growth over the last 10 years and/or being in the top 5% of banks based on their 10-year earnings per share compound annual growth rate. This recognition is awarded to only 5% of eligible banks, highlighting Magyar Bancorp's sustained financial strength.
John Fitzgerald, President and CEO of Magyar Bank, stated that this honor reflects the success of their community banking strategy, which has produced consistent earnings growth and a positive return for shareholders. The recognition from a leading investment bank specializing in financial services underscores the company's solid performance.
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