Magyar Bancorp, Inc. (MGYR) Interest Expense - Debt (2010 - 2026)
Magyar Bancorp's Interest Expense - Debt was $401,000 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 53.1% from $262,000 a year earlier and up 1.0% from the prior quarter.
Magyar Bancorp, Inc. (MGYR) Interest Expense - Debt (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Magyar Bancorp's Interest Expense - Debt was $1.57 million through Jun 30, 2026, up 73.5% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $1.05 million, up 20.9% from FY2024.
- Interest Expense - Debt has now increased for three consecutive fiscal years, with a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
- In earlier fiscal years, Interest Expense - Debt was $872,000 in FY2024 (+3.1%), $846,000 in FY2023 (+104.3%), $414,000 in FY2022 (-36.7%) and $654,000 in FY2021 (-12.0%).
- Quarterly Interest Expense - Debt has moved between $91,000 (fiscal Q4 2022) and $406,000 (fiscal Q1 2026) over five years.
- Compared with a year earlier, Interest Expense - Debt has increased for six straight quarters, with growth averaging 37.2% over the last eight quarters.
- The best year-over-year quarter for Interest Expense - Debt over five years was fiscal Q4 2023 (growth of 176.9%); the worst was fiscal Q3 2022 (a decline of 39.9%).
- Per Business Quant data, MGYR's Interest Expense - Debt in the three fiscal quarters before Q3 2026 was $397,000 (Q2 2026), $406,000 (Q1 2026) and $361,000 (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 401,000.00 |
| Mar 31, 2026 | 397,000.00 |
| Dec 31, 2025 | 406,000.00 |
| Sep 30, 2025 | 361,000.00 |
| Jun 30, 2025 | 262,000.00 |
| Mar 31, 2025 | 223,000.00 |
| Dec 31, 2024 | 208,000.00 |
| Sep 30, 2024 | 209,000.00 |
| Jun 30, 2024 | 206,000.00 |
| Mar 31, 2024 | 222,000.00 |
| Dec 31, 2023 | 236,000.00 |
| Sep 30, 2023 | 252,000.00 |
| Jun 30, 2023 | 239,000.00 |
| Mar 31, 2023 | 219,000.00 |
| Dec 31, 2022 | 136,000.00 |
| Sep 30, 2022 | 91,000.00 |
| Jun 30, 2022 | 92,000.00 |
| Mar 31, 2022 | 111,000.00 |
| Dec 31, 2021 | 119,000.00 |
| Sep 30, 2021 | 135,000.00 |
Magyar Bancorp, Inc. Interest Expense - Debt 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-expense-debt&ticker=MGYR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "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-expense-debt&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();