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
DateValue
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