Magyar Bancorp, Inc. (MGYR) Net Income (2010 - 2026)
Magyar Bancorp (MGYR) posted Net Income of $3.09 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 25.2% from $2.47 million a year earlier and up 2.1% from the prior quarter.
Magyar Bancorp, Inc. (MGYR) Net Income (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Income at Magyar Bancorp was $11.78 million, up 20.5% year-over-year; for FY2025 (ended Sep 30, 2025), it was $9.76 million, up 25.4% from FY2024.
- Annual Net Income shows a five-year compound annual growth rate of 34.8% (FY2020 to FY2025).
- In prior fiscal years, Magyar Bancorp's Net Income was $7.78 million in FY2024 (+1.0%), $7.71 million in FY2023 (-2.7%), $7.92 million in FY2022 (+29.4%) and $6.12 million in FY2021 (+179.5%).
- Quarterly Net Income has run from a low of $1.61 million in fiscal Q4 2021 to a high of $3.14 million in fiscal Q1 2026 over five years.
- On a year-over-year basis, Net Income has increased in each of the last three quarters, with growth averaging 27.2% over the last eight quarters.
- The strongest year-over-year quarter for Net Income in the past five years was fiscal Q4 2021, with growth of 95.6%; the weakest was fiscal Q3 2024, with a decline of 11.8%.
- According to Business Quant data, Net Income for the three prior fiscal quarters was $3.03 million (Q2 2026), $3.14 million (Q1 2026) and $2.53 million (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.09 Mn |
| Mar 31, 2026 | 3.03 Mn |
| Dec 31, 2025 | 3.14 Mn |
| Sep 30, 2025 | 2.53 Mn |
| Jun 30, 2025 | 2.47 Mn |
| Mar 31, 2025 | 2.68 Mn |
| Dec 31, 2024 | 2.09 Mn |
| Sep 30, 2024 | 2.54 Mn |
| Jun 30, 2024 | 1.69 Mn |
| Mar 31, 2024 | 1.90 Mn |
| Dec 31, 2023 | 1.65 Mn |
| Sep 30, 2023 | 2.19 Mn |
| Jun 30, 2023 | 1.92 Mn |
| Mar 31, 2023 | 1.80 Mn |
| Dec 31, 2022 | 1.81 Mn |
| Sep 30, 2022 | 2.43 Mn |
| Jun 30, 2022 | 2.12 Mn |
| Mar 31, 2022 | 1.68 Mn |
| Dec 31, 2021 | 1.69 Mn |
| Sep 30, 2021 | 1.61 Mn |
Magyar Bancorp, Inc. Net Income 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=net-income&ticker=MGYR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();