Magyar Bancorp (MGYR) Interest Expenses (2010 - 2026)
Magyar Bancorp's (MGYR) quarterly Interest Expenses came in at $5.7 million in Q1 2026, down 98.46% YoY from $371.2 million in Q1 2025, and little changed on a QoQ basis from $5.7 million in Q4 2025.
Magyar Bancorp (MGYR) Interest Expenses (2010 - 2026) Analysis & Trends
Magyar Bancorp (MGYR) has 17 years of Interest Expenses data on file, last reported at $5.7 million in Q1 2026.
- Quarterly Interest Expenses fell 98.46% year-over-year to $5.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $23.0 million (down 93.81% YoY) and the FY2025 annual result came in at $1.3 billion, up 6394.09% from the prior year.
- Interest Expenses steadied at $5.7 million in Q1 2026, from $5.7 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $588.2 million in Q4 2024 to a low of $747000.0 in Q2 2022.
- A 5-year average of $81.1 million and a median of $5.7 million in 2025 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses surged 13538.4% — and 2025, when it slumped 99.03%.
- Tracing MGYR's Interest Expenses over 5 years: stood at $196.0 million in 2022, then slumped by 97.8% to $4.3 million in 2023, then surged by 13538.4% to $588.2 million in 2024, then tumbled by 99.03% to $5.7 million in 2025, then advanced by 0.37% to $5.7 million in 2026.
- The last three Interest Expenses figures came in at $5.7 million (Q1 2026), $5.7 million (Q4 2025), and $5.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.59 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 3.24 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -4.19 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 7.93 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 2.35 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 1.16 Bn |
| 10 | Magyar Bancorp | 119.27 Mn | 107.80 Mn | - | 5.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.83 Mn |
| Jun 30, 2026 | 5.83 Mn |
| Mar 31, 2026 | 5.72 Mn |
| Mar 31, 2026 | 5.72 Mn |
| Dec 31, 2025 | 5.70 Mn |
| Dec 31, 2025 | 5.70 Mn |
| Sep 30, 2025 | 5.75 Mn |
| Sep 30, 2025 | 5.75 Mn |
| Jun 30, 2025 | 5.81 Mn |
| Jun 30, 2025 | 5.81 Mn |
| Mar 31, 2025 | 371.18 Mn |
| Mar 31, 2025 | 371.18 Mn |
| Dec 31, 2024 | 588.22 Mn |
| Dec 31, 2024 | 588.22 Mn |
| Sep 30, 2024 | 5.70 Mn |
| Sep 30, 2024 | 5.70 Mn |
| Jun 30, 2024 | 5.54 Mn |
| Jun 30, 2024 | 5.54 Mn |
| Mar 31, 2024 | 5.00 Mn |
| Mar 31, 2024 | 5.00 Mn |