Magyar Bancorp (MGYR) Loans - Net (2010 - 2023)
Magyar Bancorp's (MGYR) quarterly Loans - Net came in at $693.3 million in Q2 2023, up 12.43% on a YoY basis from $616.7 million in Q2 2022, and up 3.9% quarter-over-quarter from $667.3 million in Q1 2023.
Magyar Bancorp (MGYR) Loans - Net (2010 - 2023) Analysis & Trends
Magyar Bancorp (MGYR) has reported Loans - Net for 13 consecutive years, with $693.3 million the latest figure, recorded in Q2 2023.
- For the quarter ending Q2 2023, Loans - Net rose 12.43% year-over-year to $693.3 million; the trailing twelve-month figure through Jun 2023 stood at $693.3 million (up 12.43% YoY), and the FY2022 full-year result was $619.8 million, up 5.9% from the prior year.
- Loans - Net climbed to $693.3 million in Q2 2023 per MGYR's latest filing, from $667.3 million in the prior quarter.
- Across five years, Loans - Net topped out at $693.3 million in Q2 2023 and bottomed at $515.4 million in Q1 2019.
- Historically, Loans - Net has averaged $593.8 million across 5 years, with a median of $603.8 million in 2020.
- The sharpest annual moves came in 2020 and 2021: Loans - Net advanced 16.38% in 2020, then declined 4.05% in 2021.
- Over 5 years, Loans - Net stood at $525.4 million in 2019, then advanced by 13.91% to $598.5 million in 2020, then slipped by 4.05% to $574.3 million in 2021, then increased by 15.99% to $666.1 million in 2022, then gained by 4.09% to $693.3 million in 2023.
- According to Business Quant data, Loans - Net over the past three periods registered $693.3 million, $667.3 million, and $666.1 million for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 324.81 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 175.61 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 141.02 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 186.17 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 145.52 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 97.71 Bn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 108.99 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 149.55 Bn |
| 10 | Magyar Bancorp | 125.27 Mn | 113.80 Mn | - | - |
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 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();