Magyar Bancorp, Inc. (MGYR) Net Margin (2010 - 2026)
Magyar Bancorp (MGYR) posted Net Margin of 23.51% for fiscal Q3 2024 (quarter ended Jun 30, 2024), down 2.03 percentage points from 25.54% a year earlier and down 1.63 percentage points from the prior quarter.
Magyar Bancorp, Inc. (MGYR) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2024, Net Margin at Magyar Bancorp was 24.40%, down 1.57 percentage points year-over-year; for FY2023 (ended Sep 30, 2023), it came in at 25.35%, down 1.29 percentage points from FY2022.
- Annual Net Margin shows a five-year change of +16.04 percentage points (FY2018 to FY2023).
- In prior fiscal years, Magyar Bancorp's Net Margin was 26.63% in FY2022 (+5.53 pp), 21.11% in FY2021 (+11.64 pp), 9.47% in FY2020 (-3.83 pp) and 13.30% in FY2019 (+4.00 pp).
- Quarterly Net Margin has run from a low of 8.56% in fiscal Q3 2020 to a high of 30.16% in fiscal Q4 2022 over five years.
- On a year-over-year basis, Net Margin increased in three of the last eight quarters, with an average year-over-year change of -0.06 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was fiscal Q3 2021, with a gain of 14.67 percentage points; the weakest was fiscal Q1 2024, with a drop of 3.14 percentage points.
- According to Business Quant data, Net Margin for the three prior fiscal quarters was 25.14% (Q2 2024), 21.04% (Q1 2024) and 27.88% (Q4 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.99% |
| Mar 31, 2026 | 30.63% |
| Dec 31, 2025 | 33.20% |
| Sep 30, 2025 | 28.13% |
| Jun 30, 2025 | 29.00% |
| Mar 31, 2025 | 29.88% |
| Dec 31, 2024 | 26.06% |
| Sep 30, 2024 | 33.74% |
| Jun 30, 2024 | 23.51% |
| Mar 31, 2024 | 25.14% |
| Dec 31, 2023 | 21.04% |
| Sep 30, 2023 | 27.88% |
| Jun 30, 2023 | 25.54% |
| Mar 31, 2023 | 23.70% |
| Dec 31, 2022 | 24.17% |
| Sep 30, 2022 | 30.16% |
| Jun 30, 2022 | 27.71% |
| Mar 31, 2022 | 24.16% |
| Dec 31, 2021 | 23.88% |
| Sep 30, 2021 | 22.27% |
Magyar Bancorp, Inc. Net Margin 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-margin&ticker=MGYR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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-margin&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();