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Magyar Bancorp Inc reported Q4 EPS of $0.41 and net income of $2.5 million, consistent with the same period last year. Annual net income saw a 25.4% increase to $9.8 million due to a 20 basis point rise in net interest margin and a 10% growth in the loan portfolio. The company's net interest and dividend income rose by 19.6% to $8.4 million for the quarter.

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