Magyar Bancorp (MGYR) Loans - Loss Allowance (2012 - 2026)
Magyar Bancorp's (MGYR) quarterly Loans - Loss Allowance came in at $8.5 million in Q2 2026, down 1.3% quarter-over-quarter from $8.6 million in Q1 2026.
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Analysis
Magyar Bancorp (MGYR) Loans - Loss Allowance (2012 - 2026) Analysis & Trends
Magyar Bancorp (MGYR) has reported Loans - Loss Allowance for 13 consecutive years, with $8.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Loans - Loss Allowance changed N/A year-over-year to $8.5 million; the trailing twelve-month figure through Jun 2026 stood at $8.5 million (changed N/A YoY), and the FY2025 full-year result was $8.4 million, up 10.63% from the prior year.
- Loans - Loss Allowance retreated to $8.5 million in Q2 2026 per MGYR's latest filing, from $8.6 million in the prior quarter.
- Across five years, Loans - Loss Allowance topped out at $8.6 million in Q1 2026 and bottomed at $7.5 million in Q3 2024.
- Historically, Loans - Loss Allowance has averaged $8.1 million across 4 years, with a median of $7.9 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Loans - Loss Allowance slipped 9.39% in 2024, then climbed 10.63% in 2025.
- Over 4 years, Loans - Loss Allowance stood at $7.7 million in 2023, then climbed by 2.3% to $7.9 million in 2024, then advanced by 7.16% to $8.4 million in 2025, then climbed by 0.76% to $8.5 million in 2026.
- According to Business Quant data, Loans - Loss Allowance over the past three periods registered $8.5 million, $8.6 million, and $8.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 4.98 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 2.92 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 2.18 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 3.25 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 1.97 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 1.49 Bn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 1.45 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.48 Bn |
| 10 | Magyar Bancorp | 125.27 Mn | 113.80 Mn | - | 8.49 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 |
| 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 |
| 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 |
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();