Magyar Bancorp (MGYR) Bank-Owned Life Insurance (2009 - 2026)
Magyar Bancorp (MGYR) posted Bank-Owned Life Insurance of $19.54 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 5.1% from $20.6 million a year earlier but up 0.9% from the prior quarter.
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Analysis
Magyar Bancorp (MGYR) Bank-Owned Life Insurance (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Magyar Bancorp's Bank-Owned Life Insurance came in at $19.04 million, down 18.4% from FY2024.
- Annual Bank-Owned Life Insurance shows a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- In prior fiscal years, Magyar Bancorp's Bank-Owned Life Insurance was $23.34 million in FY2024 (+29.5%), $18.03 million in FY2023 (+2.1%), $17.66 million in FY2022 (+23.6%) and $14.29 million in FY2021 (+2.3%).
- Quarterly Bank-Owned Life Insurance has run from a low of $14.29 million in fiscal Q4 2021 to a high of $23.34 million in fiscal Q4 2024 over five years.
- On a year-over-year basis, Bank-Owned Life Insurance has declined in each of the last four quarters, with growth averaging 4.0% over the last eight quarters.
- The strongest year-over-year quarter for Bank-Owned Life Insurance in the past five years was fiscal Q4 2024, with growth of 29.5%; the weakest was fiscal Q4 2025, with a decline of 18.4%.
- According to Business Quant data, Bank-Owned Life Insurance for the three prior fiscal quarters was $19.37 million (Q2 2026), $19.21 million (Q1 2026) and $19.04 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | BOLI (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | - |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | - |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | - |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | - |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | - |
| 10 | Magyar Bancorp | 142.06 Mn | 142.06 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.54 Mn |
| Mar 31, 2026 | 19.37 Mn |
| Dec 31, 2025 | 19.21 Mn |
| Sep 30, 2025 | 19.04 Mn |
| Jun 30, 2025 | 20.60 Mn |
| Mar 31, 2025 | 20.43 Mn |
| Dec 31, 2024 | 20.26 Mn |
| Sep 30, 2024 | 23.34 Mn |
| Jun 30, 2024 | 18.26 Mn |
| Mar 31, 2024 | 18.22 Mn |
| Dec 31, 2023 | 18.13 Mn |
| Sep 30, 2023 | 18.03 Mn |
| Jun 30, 2023 | 17.94 Mn |
| Mar 31, 2023 | 17.85 Mn |
| Dec 31, 2022 | 17.76 Mn |
| Sep 30, 2022 | 17.66 Mn |
| Jun 30, 2022 | 17.56 Mn |
| Mar 31, 2022 | 17.47 Mn |
| Dec 31, 2021 | 17.38 Mn |
| Sep 30, 2021 | 14.29 Mn |
API Access
Magyar Bancorp Bank-Owned Life Insurance 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=bank-owned-life-insurance&ticker=MGYR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "bank-owned-life-insurance", "ticker": "MGYR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=bank-owned-life-insurance&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();