Magyar Bancorp (MGYR) Loans - Loss Allowance (2009 - 2026)
Magyar Bancorp (MGYR) posted Loans - Loss Allowance of $8.08 million for fiscal Q4 2021 (quarter ended Sep 30, 2021), up 26.2% from $6.4 million a year earlier.
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Analysis
Magyar Bancorp (MGYR) Loans - Loss Allowance (2009 - 2026) Analysis & Trends
Since fiscal Q4 2012, Magyar Bancorp has reported Loans - Loss Allowance for 14 quarters.
- Annual Loans - Loss Allowance has increased for four consecutive fiscal years, with a four-year compound annual growth rate of 23.5% (FY2017 to FY2021).
- In prior fiscal years, Magyar Bancorp's Loans - Loss Allowance was $6.4 million in FY2020 (+30.9%), $4.89 million in FY2019 (+16.4%), $4.2 million in FY2018 (+20.9%) and $3.48 million in FY2017.
- The fiscal Q4 2021 figure stands as the highest quarterly Loans - Loss Allowance in data going back to fiscal Q4 2012.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 26.27 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 13.01 Bn |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | - |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | -5.30 Bn |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 13.82 Bn |
| 10 | Magyar Bancorp | 142.06 Mn | 142.06 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.49 Mn |
| Mar 31, 2026 | -8.60 Mn |
| Dec 31, 2025 | -8.42 Mn |
| Sep 30, 2025 | -8.35 Mn |
| Jun 30, 2025 | -8.06 Mn |
| Mar 31, 2025 | -7.94 Mn |
| Dec 31, 2024 | -7.86 Mn |
| Sep 30, 2024 | -7.55 Mn |
| Jun 30, 2024 | -7.74 Mn |
| Mar 31, 2024 | -7.69 Mn |
| Dec 31, 2023 | -7.68 Mn |
| Sep 30, 2023 | -8.33 Mn |
| Jun 30, 2023 | 693.31 Mn |
| Mar 31, 2023 | 667.27 Mn |
| Dec 31, 2022 | 666.08 Mn |
| Jun 30, 2022 | 616.66 Mn |
| Mar 31, 2022 | 609.41 Mn |
| Dec 31, 2021 | 585.30 Mn |
| Sep 30, 2021 | 8.08 Mn |
| Jun 30, 2021 | 605.57 Mn |
API Access
Magyar Bancorp Loans - Loss Allowance 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=loans-loss-allowance&ticker=MGYR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-loss-allowance", "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=loans-loss-allowance&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();