Magyar Bancorp, Inc. (MGYR) Loans - Loss Allowance (2012 - 2021)
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.
Powered by 
Analysis
Magyar Bancorp, Inc. (MGYR) Loans - Loss Allowance (2012 - 2021) 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
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 8.08 Mn |
| Sep 30, 2020 | 6.40 Mn |
| Sep 30, 2019 | 4.89 Mn |
| Sep 30, 2018 | 4.20 Mn |
| Sep 30, 2017 | 3.48 Mn |
| Sep 30, 2015 | 2.89 Mn |
| Dec 31, 2014 | 2.94 Mn |
| Sep 30, 2014 | 2.84 Mn |
| Jun 30, 2014 | 2.80 Mn |
| Mar 31, 2014 | 3.48 Mn |
| Dec 31, 2013 | 3.20 Mn |
| Sep 30, 2013 | 3.01 Mn |
| Jun 30, 2013 | 3.60 Mn |
| Sep 30, 2012 | 3.86 Mn |
API Access
Magyar Bancorp, Inc. 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();