Magyar Bancorp (MGYR) Net Income (2010 - 2026)
Magyar Bancorp's (MGYR) quarterly Net Income came in at $3.1 million in Q2 2026, up 25.22% on a YoY basis from $2.5 million in Q2 2025, and up 2.08% quarter-over-quarter from $3.0 million in Q1 2026.
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Analysis
Magyar Bancorp (MGYR) Net Income (2010 - 2026) Analysis & Trends
Magyar Bancorp (MGYR) has reported Net Income for 12 consecutive years, with $3.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Income rose 25.22% year-over-year to $3.1 million; the trailing twelve-month figure through Jun 2026 stood at $11.4 million (up 18.23% YoY), and the FY2025 full-year result was $9.4 million, up 22.6% from the prior year.
- Net Income climbed to $3.1 million in Q2 2026 per MGYR's latest filing, from $3.0 million in the prior quarter.
- Across five years, Net Income topped out at $3.1 million in Q4 2025 and bottomed at $1.6 million in Q3 2023.
- Historically, Net Income has averaged $2.2 million across 5 years, with a median of $2.1 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Net Income tumbled 35.39% in 2023, then soared 55.22% in 2024.
- Over 5 years, Net Income stood at $1.8 million in 2022, then dropped by 8.73% to $1.7 million in 2023, then climbed by 26.21% to $2.1 million in 2024, then jumped by 50.41% to $3.1 million in 2025, then dropped by 1.37% to $3.1 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered $3.1 million, $3.0 million, and $3.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | 1,501.25 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 1.55 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 801.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 818.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 731.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 587.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 570.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 509.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 672.00 Mn |
| 10 | Magyar Bancorp | 125.27 Mn | 113.80 Mn | - | 3.09 Mn |
Historic Data
Download Data
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 | 2.18 Mn |
| Jun 30, 2025 | 2.47 Mn |
| Mar 31, 2025 | 2.68 Mn |
| Dec 31, 2024 | 2.09 Mn |
| Sep 30, 2024 | 2.44 Mn |
| Jun 30, 2024 | 1.69 Mn |
| Mar 31, 2024 | 1.90 Mn |
| Dec 31, 2023 | 1.65 Mn |
| Sep 30, 2023 | 1.57 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 |
API Access
Magyar Bancorp 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_KEYimport 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();