Magyar Bancorp (MGYR) Bank-Owned Life Insurance Income (2011 - 2026)
Magyar Bancorp's Bank-Owned Life Insurance Income came in at $170,000 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 1.2% from $172,000 a year earlier but up 2.4% from the prior quarter.
Magyar Bancorp (MGYR) Bank-Owned Life Insurance Income (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Magyar Bancorp reported Bank-Owned Life Insurance Income of $678,000, up 3.5% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $673,000, up 55.4% from FY2024.
- Bank-Owned Life Insurance Income carries a five-year compound annual growth rate of 15.7% (FY2020 to FY2025).
- Going back by fiscal year, Bank-Owned Life Insurance Income was $433,000 in FY2024 (+17.0%), $370,000 in FY2023 (-0.5%), $372,000 in FY2022 (+17.4%) and $317,000 in FY2021 (-2.2%).
- The five-year range for quarterly Bank-Owned Life Insurance Income is $84,000 (fiscal Q4 2021) to $172,000 (fiscal Q4 2025).
- Year-over-year, Bank-Owned Life Insurance Income increased in seven of the last eight quarters, with growth averaging 40.1%.
- The fastest year-over-year change in Bank-Owned Life Insurance Income over five years came in fiscal Q3 2025 (growth of 84.9%), and the weakest in fiscal Q4 2023 (a decline of 5.2%).
- Business Quant data shows MGYR's Bank-Owned Life Insurance Income at $166,000 (Q2 2026), $170,000 (Q1 2026) and $172,000 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | BOLI Income (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
| Date | Value |
|---|---|
| Jun 30, 2026 | 170,000.00 |
| Mar 31, 2026 | 166,000.00 |
| Dec 31, 2025 | 170,000.00 |
| Sep 30, 2025 | 172,000.00 |
| Jun 30, 2025 | 172,000.00 |
| Mar 31, 2025 | 162,000.00 |
| Dec 31, 2024 | 167,000.00 |
| Sep 30, 2024 | 154,000.00 |
| Jun 30, 2024 | 93,000.00 |
| Mar 31, 2024 | 91,000.00 |
| Dec 31, 2023 | 95,000.00 |
| Sep 30, 2023 | 92,000.00 |
| Jun 30, 2023 | 92,000.00 |
| Mar 31, 2023 | 90,000.00 |
| Dec 31, 2022 | 95,000.00 |
| Sep 30, 2022 | 97,000.00 |
| Jun 30, 2022 | 94,000.00 |
| Mar 31, 2022 | 93,000.00 |
| Dec 31, 2021 | 87,000.00 |
| Sep 30, 2021 | 84,000.00 |
Magyar Bancorp Bank-Owned Life Insurance Income 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-income&ticker=MGYR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "bank-owned-life-insurance-income", "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-income&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();