Magyar Bancorp, Inc. (MGYR) Operating Expenses (2010 - 2026)
Magyar Bancorp (MGYR) recorded Operating Expenses of $837,000 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 4.6% from $800,000 a year earlier but down 0.7% from the prior quarter.
Magyar Bancorp, Inc. (MGYR) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Magyar Bancorp's Operating Expenses came in at $3.32 million as of Jun 30, 2026; for FY2025 (ended Sep 30, 2025), it came in at $3.46 million, down 70.7% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of -28.4% (FY2020 to FY2025).
- Across earlier fiscal years, Operating Expenses came in at $11.82 million in FY2024 (+6.2%), $11.13 million in FY2023 (-39.0%), $18.26 million in FY2022 (-2.0%) and $18.64 million in FY2021 (+1.6%).
- Quarterly Operating Expenses has ranged from -$3.36 million in fiscal Q4 2024 to $5.06 million in fiscal Q3 2024 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for three consecutive quarters, with growth averaging 89.8% over the last six quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 325.8% in fiscal Q2 2026, against a decline of 95.7% in fiscal Q2 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $843,000 (Q2 2026), $819,000 (Q1 2026) and $823,000 (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 837,000.00 |
| Mar 31, 2026 | 843,000.00 |
| Dec 31, 2025 | 819,000.00 |
| Sep 30, 2025 | 823,000.00 |
| Jun 30, 2025 | 800,000.00 |
| 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 |
Magyar Bancorp, Inc. Operating Expenses 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=operating-expenses&ticker=MGYR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();