Magyar Bancorp MGYR
NASDAQ MGYR
$19.40 +0.00 (+0.00%)
As of: Sep 22, 2026 · 3:01 PM EDT

Magyar Bancorp (MGYR) Operating Expenses (2010 - 2026)

Magyar Bancorp's (MGYR) quarterly Operating Expenses came in at $994000.0 in Q2 2026, up 8.04% on a YoY basis from $920000.0 in Q2 2025, and down 1.09% quarter-over-quarter from $1.0 million in Q1 2026.

Analysis

Magyar Bancorp (MGYR) Operating Expenses (2010 - 2026) Analysis & Trends

Magyar Bancorp (MGYR) has reported Operating Expenses for 12 consecutive years, with $994000.0 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 8.04% year-over-year to $994000.0; the trailing twelve-month figure through Jun 2026 stood at $3.9 million (up 291.33% YoY), and the FY2025 full-year result was $3.9 million, down 66.73% from the prior year.
  • Operating Expenses fell to $994000.0 in Q2 2026 per MGYR's latest filing, from $1.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $5.1 million in Q2 2024 and bottomed at -$3.4 million in Q3 2024.
  • Historically, Operating Expenses has averaged $1.8 million across 5 years, with a median of $985000.0 in 2025.
  • The sharpest annual moves came in 2023 and 2026: Operating Expenses tumbled 166.62% in 2023, then surged 407.58% in 2026.
  • Over 5 years, Operating Expenses stood at $4.6 million in 2022, then slumped by 95.11% to $224000.0 in 2023, then dropped by 10.27% to $201000.0 in 2024, then surged by 385.57% to $976000.0 in 2025, then climbed by 1.84% to $994000.0 in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $994000.0, $1.0 million, and $976000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Banco Santander Chile 424.88 Bn 544.83 Bn - -259.95 Bn
2 Truist Financial 59.29 Bn 59.29 Bn - 3.06 Bn
3 Fifth Third Bancorp 47.98 Bn 24.26 Bn - 2.11 Bn
4 M&T Bank 32.82 Bn 32.82 Bn - 1.35 Bn
5 Huntington Bancshares 32.08 Bn 27.60 Bn - 1.81 Bn
6 Citizens Financial 28.34 Bn 28.34 Bn - 1.39 Bn
7 Regions Financial 24.27 Bn 24.34 Bn - 1.12 Bn
8 Keycorp 22.19 Bn -25.51 Bn - 1.22 Bn
9 First Citizens Bancshares 21.93 Bn 21.41 Bn 29.00 Mn 1.55 Bn
10 Magyar Bancorp 125.27 Mn 113.80 Mn - 994,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 994,000.00
Mar 31, 2026 1.01 Mn
Dec 31, 2025 976,000.00
Sep 30, 2025 932,000.00
Jun 30, 2025 920,000.00
Mar 31, 2025 198,000.00
Dec 31, 2024 201,000.00
Sep 30, 2024 -3.36 Mn
Jun 30, 2024 5.06 Mn
Mar 31, 2024 207,000.00
Dec 31, 2023 224,000.00
Sep 30, 2023 -3.13 Mn
Jun 30, 2023 4.89 Mn
Mar 31, 2023 4.80 Mn
Dec 31, 2022 4.58 Mn
Sep 30, 2022 4.70 Mn
Jun 30, 2022 4.43 Mn
Mar 31, 2022 4.51 Mn
Dec 31, 2021 4.62 Mn
Sep 30, 2021 4.64 Mn
API Access

Magyar Bancorp Operating Expenses API

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