Magnolia Bancorp MGNO
OTC MGNO
$15.10 +0.00 (+0.00%)
At close: Sep 29, 2026 · 4:00 PM EDT

Magnolia Bancorp (MGNO) Rent Expense (2023 - 2026)

Updated

Magnolia Bancorp's Rent Expense was $32,000 in Q2 2026, down 3.0% from $33,000 a year earlier but up 6.7% from the prior quarter.

Analysis

Magnolia Bancorp (MGNO) Rent Expense (2023 - 2026) Analysis & Trends

On a trailing twelve-month basis, Magnolia Bancorp's Rent Expense was $123,000 through Jun 30, 2026, down 8.9% year-over-year; for FY2025, it came in at $125,000, down 10.7% from FY2024.

  • In earlier years, Rent Expense was $140,000 in FY2024 (-33.0%) and $209,000 in FY2023.
  • Quarterly Rent Expense has moved between $24,000 (Q3 2023) and $139,000 (Q4 2023) over five years.
  • Compared with a year earlier, Rent Expense has declined for seven straight quarters, with an average decline of 11.6% over the last eight quarters.
  • The best year-over-year quarter for Rent Expense over five years was Q3 2024 (growth of 58.3%); the worst was Q4 2024 (a decline of 76.3%).
  • Per Business Quant data, MGNO's Rent Expense in the three quarters before Q2 2026 was $30,000 (Q1 2026), $30,000 (Q4 2025) and $31,000 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Jpmorgan Chase 879.54 Bn 909.01 Bn - 1.48 Bn
2 Banco Santander Chile 418.48 Bn 538.42 Bn - -
3 Bank Of America 381.92 Bn -1,994.15 Bn - 1.91 Bn
4 Hsbc Holdings 341.10 Bn 341.15 Bn - -
5 Morgan Stanley 295.71 Bn -213.38 Bn - 482.00 Mn
6 Royal Bank Of Canada 275.38 Bn 126.13 Bn - 316.29 Mn
7 Mitsubishi Ufj Financial 273.79 Bn -1,314.70 Bn 10.89 Bn -
8 Goldman Sachs 262.78 Bn -3,294.34 Bn - 244.00 Mn
9 Wells Fargo & Company 242.61 Bn 244.75 Bn - 803.00 Mn
10 Magnolia Bancorp 12.57 Mn 12.57 Mn - 32,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 32,000.00
Mar 31, 2026 30,000.00
Dec 31, 2025 30,000.00
Sep 30, 2025 31,000.00
Jun 30, 2025 33,000.00
Mar 31, 2025 31,000.00
Dec 31, 2024 33,000.00
Sep 30, 2024 38,000.00
Jun 30, 2024 34,000.00
Mar 31, 2024 50,000.00
Dec 31, 2023 139,000.00
Sep 30, 2023 24,000.00
API Access

Magnolia Bancorp Rent Expense API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=rent-expense&ticker=MGNO&period=max&api_key=YOUR_API_KEY