Magyar Bancorp MGYR
NASDAQ MGYR
$19.40 +0.00 (+0.00%)
As of: Sep 22, 2026 · 3:01 PM EDT

Magyar Bancorp (MGYR) Interest Coverage Ratio (2010 - 2026)

Magyar Bancorp's (MGYR) quarterly Interest Coverage Ratio came in at 1.75 in Q2 2026, up 9.28% on a YoY basis from 1.6 in Q2 2025, and little changed quarter-over-quarter from 1.75 in Q1 2026.

Analysis

Magyar Bancorp (MGYR) Interest Coverage Ratio (2010 - 2026) Analysis & Trends

Magyar Bancorp (MGYR) has reported Interest Coverage Ratio for 12 consecutive years, with 1.75 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Interest Coverage Ratio rose 9.28% year-over-year to 1.75; the trailing twelve-month figure through Jun 2026 stood at 1.72 (up 5.28% YoY), and the FY2025 full-year result was 1.61, up 4.32% from the prior year.
  • Interest Coverage Ratio was little changed at 1.75 in Q2 2026 per MGYR's latest filing, from 1.75 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 6.87 in Q2 2022 and bottomed at 1.4 in Q2 2024.
  • Historically, Interest Coverage Ratio has averaged 2.42 across 5 years, with a median of 1.75 in 2026.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio soared 47.24% in 2022, then sank 71.78% in 2023.
  • Over 5 years, Interest Coverage Ratio stood at 2.61 in 2022, then tumbled by 40.76% to 1.55 in 2023, then retreated by 1.05% to 1.53 in 2024, then rose by 14.47% to 1.75 in 2025, then retreated by 0.23% to 1.75 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.75, 1.75, and 1.75 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Banco Santander Chile 424.88 Bn 544.83 Bn - 0.09
2 Truist Financial 59.29 Bn 59.29 Bn - 1.77
3 Fifth Third Bancorp 47.98 Bn 24.26 Bn - 1.90
4 M&T Bank 32.82 Bn 32.82 Bn - 2.28
5 Huntington Bancshares 32.08 Bn 27.60 Bn - 1.67
6 Citizens Financial 28.34 Bn 28.34 Bn - 1.83
7 Regions Financial 24.27 Bn 24.34 Bn - 2.52
8 Keycorp 22.19 Bn -25.51 Bn - 1.80
9 First Citizens Bancshares 21.93 Bn 21.41 Bn 29.00 Mn -1.27
10 Magyar Bancorp 125.27 Mn 113.80 Mn - 1.75
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.75
Mar 31, 2026 1.75
Dec 31, 2025 1.75
Sep 30, 2025 1.62
Jun 30, 2025 1.60
Mar 31, 2025 1.67
Dec 31, 2024 1.53
Sep 30, 2024 1.72
Jun 30, 2024 1.40
Mar 31, 2024 1.48
Dec 31, 2023 1.55
Sep 30, 2023 1.79
Jun 30, 2023 1.94
Mar 31, 2023 2.16
Dec 31, 2022 2.61
Sep 30, 2022 4.92
Jun 30, 2022 6.87
Mar 31, 2022 5.50
Dec 31, 2021 5.15
Sep 30, 2021 4.86
API Access

Magyar Bancorp Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MGYR&period=max&api_key=YOUR_API_KEY