Magyar Bancorp (MGYR) Rent Expense (2010 - 2026)
Magyar Bancorp (MGYR) posted Rent Expense of $843000.0 for Q1 2026, up 2.93% on a QoQ basis from $819000.0 in Q4 2025, and down 0.71% year-over-year from $849000.0 in Q1 2025.
Magyar Bancorp (MGYR) Rent Expense (2010 - 2026) Analysis & Trends
Magyar Bancorp's Rent Expense history runs 12 years deep, the most recent figure standing at $843000.0 for Q1 2026.
- Quarterly Rent Expense fell 0.71% year-over-year to $843000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.3 million (down 6.73% YoY) and the FY2025 annual result came in at $3.5 million, up 5.74% from the prior year.
- Rent Expense was $843000.0 for Q1 2026 at Magyar Bancorp, up from $819000.0 in the prior quarter.
- Across five years, Rent Expense topped out at $991000.0 in Q4 2024 and bottomed at $750000.0 in Q2 2022.
- A 5-year average of $815529.4 and a median of $803000.0 in 2023 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2024 — Rent Expense increased 25.44% — and 2025, when it dropped 17.36%.
- Magyar Bancorp's Rent Expense stood at $761000.0 in 2022, then increased by 3.81% to $790000.0 in 2023, then gained by 25.44% to $991000.0 in 2024, then fell by 17.36% to $819000.0 in 2025, then increased by 2.93% to $843000.0 in 2026.
- Business Quant data shows MGYR's Rent Expense at $843000.0 in Q1 2026, $819000.0 in Q4 2025, and $823000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 634,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 262.00 Mn |
| 10 | Magyar Bancorp | 108.75 Mn | 59.62 Mn | - | 843,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 843,000.00 |
| Mar 31, 2026 | 843,000.00 |
| Dec 31, 2025 | 819,000.00 |
| Dec 31, 2025 | 819,000.00 |
| Sep 30, 2025 | 823,000.00 |
| Sep 30, 2025 | 823,000.00 |
| Jun 30, 2025 | 800,000.00 |
| Jun 30, 2025 | 800,000.00 |
| Mar 31, 2025 | 849,000.00 |
| Mar 31, 2025 | 849,000.00 |
| Dec 31, 2024 | 991,000.00 |
| Dec 31, 2024 | 991,000.00 |
| Sep 30, 2024 | 857,000.00 |
| Sep 30, 2024 | 857,000.00 |
| Jun 30, 2024 | 825,000.00 |
| Jun 30, 2024 | 825,000.00 |
| Mar 31, 2024 | 803,000.00 |
| Mar 31, 2024 | 803,000.00 |
| Dec 31, 2023 | 790,000.00 |
| Dec 31, 2023 | 790,000.00 |