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

Magyar Bancorp has reported Operating Expenses for 12 years, with the latest figure at $1.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 407.58% year-over-year to $1.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.8 million (down 56.01% YoY), and the FY2025 full-year result was $3.9 million, down 67.0% from the prior year.
• Operating Expenses for Q1 2026 stood at $1.0 million, up from $934000.0 in the prior quarter.
• The five-year high for Operating Expenses was $5.1 million in Q2 2024, with the low at -$3.1 million in Q3 2022.
• Historically, Operating Expenses has averaged $2.0 million across 5 years, with a median of $1.0 million in 2026.
• Annual changes were most pronounced in 2022 — Operating Expenses sank 166.4% — and 2026, when it jumped 407.58%.
• Magyar Bancorp's Operating Expenses stood at $2.6 million in 2022, then plunged by 91.45% to $224000.0 in 2023, then decreased by 10.27% to $201000.0 in 2024, then surged by 364.68% to $934000.0 in 2025, then advanced by 7.6% to $1.0 million in 2026.
• The last three Operating Expenses figures came in at $1.0 million (Q1 2026), $934000.0 (Q4 2025), and $899000.0 (Q3 2025), per Business Quant data.