Magyar Bancorp, Inc. (MGYR) Loans - Net (2010 - 2023)
Magyar Bancorp's Loans - Net was $693.31 million in fiscal Q3 2023 (quarter ended Jun 30, 2023), up 12.4% from $616.66 million a year earlier and up 3.9% from the prior quarter.
Magyar Bancorp, Inc. (MGYR) Loans - Net (2010 - 2023) Analysis & Trends
At the end of FY2022 (ended Sep 30, 2022), Loans - Net at Magyar Bancorp came in at $619.84 million, up 5.9% from FY2021.
- Loans - Net shows a five-year compound annual growth rate of 5.7% (FY2017 to FY2022).
- In earlier fiscal years, Loans - Net was $585.3 million in FY2021 (-3.0%), $603.11 million in FY2020 (+16.4%), $518.22 million in FY2019 (+1.9%) and $508.43 million in FY2018 (+8.0%).
- The fiscal Q3 2023 figure marks the highest quarterly Loans - Net in data going back to fiscal Q4 2010.
- Compared with a year earlier, Loans - Net has increased for five straight quarters, with growth averaging 4.7% over the last eight quarters.
- The best year-over-year quarter for Loans - Net over five years was fiscal Q4 2020 (growth of 16.4%); the worst was fiscal Q1 2022 (a decline of 4.1%).
- Per Business Quant data, MGYR's Loans - Net in the three fiscal quarters before Q3 2023 was $667.27 million (Q2 2023), $666.08 million (Q1 2023) and $619.84 million (Q4 2022).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 693.31 Mn |
| Mar 31, 2023 | 667.27 Mn |
| Dec 31, 2022 | 666.08 Mn |
| Sep 30, 2022 | 619.84 Mn |
| Jun 30, 2022 | 616.66 Mn |
| Mar 31, 2022 | 609.41 Mn |
| Dec 31, 2021 | 574.27 Mn |
| Sep 30, 2021 | 585.30 Mn |
| Jun 30, 2021 | 605.57 Mn |
| Mar 31, 2021 | 616.98 Mn |
| Dec 31, 2020 | 598.53 Mn |
| Sep 30, 2020 | 603.11 Mn |
| Jun 30, 2020 | 604.55 Mn |
| Mar 31, 2020 | 541.92 Mn |
| Dec 31, 2019 | 525.43 Mn |
| Sep 30, 2019 | 518.22 Mn |
| Jun 30, 2019 | 526.28 Mn |
| Mar 31, 2019 | 515.38 Mn |
| Dec 31, 2018 | 510.16 Mn |
| Sep 30, 2018 | 508.43 Mn |
Magyar Bancorp, Inc. Loans - Net 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-net&ticker=MGYR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-net", "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-net&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();