Magyar Bancorp (MGYR) Interest Expense - Deposits (2010 - 2026)
Magyar Bancorp's (MGYR) quarterly Interest Expense - Deposits came in at $5.4 million in Q2 2026, down 2.09% on a YoY basis from $5.5 million in Q2 2025, and up 2.03% quarter-over-quarter from $5.3 million in Q1 2026.
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Magyar Bancorp (MGYR) Interest Expense - Deposits (2010 - 2026) Analysis & Trends
Magyar Bancorp (MGYR) has reported Interest Expense - Deposits for 17 consecutive years, with $5.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expense - Deposits fell 2.09% year-over-year to $5.4 million; the trailing twelve-month figure through Jun 2026 stood at $21.6 million (down 0.84% YoY), and the FY2025 full-year result was $21.8 million, up 10.3% from the prior year.
- Interest Expense - Deposits grew to $5.4 million in Q2 2026 per MGYR's latest filing, from $5.3 million in the prior quarter.
- Across five years, Interest Expense - Deposits topped out at $5.5 million in Q2 2025 and bottomed at $415000.0 in Q1 2022.
- Historically, Interest Expense - Deposits has averaged $3.8 million across 5 years, with a median of $5.0 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Interest Expense - Deposits declined 27.07% in 2022, then jumped 530.48% in 2023.
- Over 5 years, Interest Expense - Deposits stood at $1.5 million in 2022, then jumped by 176.59% to $4.1 million in 2023, then increased by 28.87% to $5.3 million in 2024, then gained by 0.76% to $5.3 million in 2025, then gained by 2.61% to $5.4 million in 2026.
- According to Business Quant data, Interest Expense - Deposits over the past three periods registered $5.4 million, $5.3 million, and $5.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 1.58 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 891.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 104.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.05 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 747.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 385.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 600.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 881.00 Mn |
| 10 | Magyar Bancorp | 125.27 Mn | 113.80 Mn | - | 5.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.43 Mn |
| Mar 31, 2026 | 5.32 Mn |
| Dec 31, 2025 | 5.29 Mn |
| Sep 30, 2025 | 5.53 Mn |
| Jun 30, 2025 | 5.55 Mn |
| Mar 31, 2025 | 5.43 Mn |
| Dec 31, 2024 | 5.25 Mn |
| Sep 30, 2024 | 5.54 Mn |
| Jun 30, 2024 | 5.34 Mn |
| Mar 31, 2024 | 4.78 Mn |
| Dec 31, 2023 | 4.08 Mn |
| Sep 30, 2023 | 3.36 Mn |
| Jun 30, 2023 | 2.65 Mn |
| Mar 31, 2023 | 2.01 Mn |
| Dec 31, 2022 | 1.47 Mn |
| Sep 30, 2022 | 784,000.00 |
| Jun 30, 2022 | 420,000.00 |
| Mar 31, 2022 | 415,000.00 |
| Dec 31, 2021 | 451,000.00 |
| Sep 30, 2021 | 466,000.00 |
API Access
Magyar Bancorp Interest Expense - Deposits 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-deposits&ticker=MGYR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "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-deposits&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();