Magyar Bancorp (MGYR) Interest Expenses (2010 - 2026)

Magyar Bancorp has reported Interest Expenses for 12 years, with the latest figure at $5.7 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Expenses rose 1.29% year-over-year to $5.7 million; the trailing twelve-month figure through Mar 2026 stood at $23.1 million (up 3.24% YoY), and the FY2025 full-year result was $22.8 million, up 10.74% from the prior year.
• Interest Expenses for Q1 2026 stood at $5.7 million, roughly flat from $5.7 million in the prior quarter.
• The five-year high for Interest Expenses was $5.9 million in Q3 2025, with the low at $512000.0 in Q2 2022.
• Historically, Interest Expenses has averaged $3.9 million across 5 years, with a median of $5.0 million in 2024.
• Annual changes were most pronounced in 2022 — Interest Expenses declined 29.3% — and 2023, when it jumped 463.87%.
• Magyar Bancorp's Interest Expenses stood at $1.6 million in 2022, then jumped by 167.89% to $4.3 million in 2023, then climbed by 26.64% to $5.5 million in 2024, then grew by 4.36% 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 $5.9 million (Q3 2025), per Business Quant data.