Magyar Bancorp, Inc. (MGYR) Interest Expenses (2010 - 2026)
Magyar Bancorp (MGYR) reported Interest Expenses of $5.83 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.4% from $5.81 million a year earlier and up 2.0% from the prior quarter.
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Magyar Bancorp, Inc. (MGYR) Interest Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Magyar Bancorp's Interest Expenses came in at $23.15 million, up 2.1% year-over-year; for FY2025 (ended Sep 30, 2025), it was $22.81 million, up 10.7% from FY2024.
- Interest Expenses has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 32.8% (FY2020 to FY2025).
- By fiscal year, Interest Expenses came in at $20.6 million in FY2024 (+99.3%), $10.33 million in FY2023 (+316.0%), $2.48 million in FY2022 (-15.5%) and $2.94 million in FY2021 (-46.7%).
- Five-year quarterly Interest Expenses spans a low of $512,000 in fiscal Q3 2022 and a high of $5.89 million in fiscal Q4 2025.
- Year over year, Interest Expenses has now increased in each of the last 16 quarters, with growth averaging 14.0% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was fiscal Q3 2023 (growth of 463.9%); the low point was fiscal Q4 2021 (a decline of 44.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $5.72 million (Q2 2026), $5.7 million (Q1 2026) and $5.89 million (Q4 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.83 Mn |
| Mar 31, 2026 | 5.72 Mn |
| Dec 31, 2025 | 5.70 Mn |
| Sep 30, 2025 | 5.89 Mn |
| Jun 30, 2025 | 5.81 Mn |
| Mar 31, 2025 | 5.65 Mn |
| Dec 31, 2024 | 5.46 Mn |
| Sep 30, 2024 | 5.74 Mn |
| Jun 30, 2024 | 5.54 Mn |
| Mar 31, 2024 | 5.00 Mn |
| Dec 31, 2023 | 4.31 Mn |
| Sep 30, 2023 | 3.61 Mn |
| Jun 30, 2023 | 2.89 Mn |
| Mar 31, 2023 | 2.23 Mn |
| Dec 31, 2022 | 1.61 Mn |
| Sep 30, 2022 | 875,000.00 |
| Jun 30, 2022 | 512,000.00 |
| Mar 31, 2022 | 526,000.00 |
| Dec 31, 2021 | 570,000.00 |
| Sep 30, 2021 | 601,000.00 |
API Access
Magyar Bancorp, Inc. Interest Expenses 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-expenses&ticker=MGYR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();