Magyar Bancorp (MGYR) Interest Coverage Ratio (2010 - 2026)
Magyar Bancorp's Interest Coverage Ratio was 1.75 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 9.3% from 1.60 a year earlier and unchanged from the prior quarter.
Magyar Bancorp (MGYR) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Magyar Bancorp's Interest Coverage Ratio was 1.72 through Jun 30, 2026, up 5.3% year-over-year; for FY2025 (ended Sep 30, 2025), it was 1.61, up 4.3% from FY2024.
- In earlier fiscal years, Interest Coverage Ratio was 1.54 in FY2024 (-24.5%), 2.04 in FY2023 (-62.9%), 5.50 in FY2022 (+38.6%) and 3.97 in FY2021 (+153.6%).
- Quarterly Interest Coverage Ratio has moved between 1.40 (fiscal Q3 2024) and 6.87 (fiscal Q3 2022) over five years.
- Compared with a year earlier, Interest Coverage Ratio has increased for three straight quarters, with growth averaging 5.6% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was fiscal Q4 2021 (growth of 133.2%); the worst was fiscal Q3 2023 (a decline of 71.8%).
- Per Business Quant data, MGYR's Interest Coverage Ratio in the three fiscal quarters before Q3 2026 was 1.75 (Q2 2026), 1.75 (Q1 2026) and 1.62 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 2.10 |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 1.65 |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | - |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 1.56 |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 1.43 |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 1.47 |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 0.56 |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 1.73 |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | 0.09 |
| 10 | Magyar Bancorp | 128.50 Mn | 28.19 Mn | - | 1.75 |
Historic Data
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();