Magyar Bancorp MGYR
NASDAQ MGYR
$19.40 +0.00 (+0.00%)
As of: Sep 22, 2026 · 3:01 PM EDT

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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 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