Magyar Bancorp (MGYR) Interest Expenses (2010 - 2026)
Magyar Bancorp's (MGYR) quarterly Interest Expenses came in at $5.8 million in Q2 2026, little changed on a YoY basis from $5.8 million in Q2 2025, and up 1.96% quarter-over-quarter from $5.7 million in Q1 2026.
Magyar Bancorp (MGYR) Interest Expenses (2010 - 2026) Analysis & Trends
Magyar Bancorp (MGYR) has reported Interest Expenses for 12 consecutive years, with $5.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses changed 0.4% year-over-year to $5.8 million; the trailing twelve-month figure through Jun 2026 stood at $23.1 million (up 2.12% YoY), and the FY2025 full-year result was $22.8 million, up 10.74% from the prior year.
- Interest Expenses rose to $5.8 million in Q2 2026 per MGYR's latest filing, from $5.7 million in the prior quarter.
- Across five years, Interest Expenses topped out at $5.9 million in Q3 2025 and bottomed at $512000.0 in Q2 2022.
- Historically, Interest Expenses has averaged $4.1 million across 5 years, with a median of $5.2 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses fell 29.3% in 2022, then surged 463.87% in 2023.
- Over 5 years, Interest Expenses stood at $1.6 million in 2022, then soared by 167.89% to $4.3 million in 2023, then increased by 26.64% to $5.5 million in 2024, then rose by 4.36% to $5.7 million in 2025, then increased by 2.33% to $5.8 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $5.8 million, $5.7 million, and $5.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 2.35 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 1.16 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 828.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.33 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 912.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 471.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 809.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.20 Bn |
| 10 | Magyar Bancorp | 125.27 Mn | 113.80 Mn | - | 5.83 Mn |
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 |
Magyar Bancorp 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_KEY
import 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();