Magyar Bancorp (MGYR) Rent Expense (2010 - 2026)
Magyar Bancorp (MGYR) reported Rent Expense of $843000.0 for Q1 2026, down 0.71% on a YoY basis from $849000.0 in Q1 2025, and up 2.93% quarter-over-quarter from $819000.0 in Q4 2025.
Magyar Bancorp (MGYR) Rent Expense (2010 - 2026) Analysis & Trends
Magyar Bancorp has reported Rent Expense for 12 years, with the latest figure at $843000.0 in Q1 2026.
- For the quarter ending Q1 2026, Rent Expense fell 0.71% year-over-year to $843000.0; the trailing twelve-month figure through Mar 2026 stood at $3.3 million (down 6.73% YoY), and the FY2025 full-year result was $3.5 million, up 5.74% from the prior year.
- Rent Expense for Q1 2026 stood at $843000.0, up from $819000.0 in the prior quarter.
- The five-year high for Rent Expense was $991000.0 in Q4 2024, with the low at $750000.0 in Q2 2022.
- Historically, Rent Expense has averaged $815529.4 across 5 years, with a median of $803000.0 in 2023.
- Annual changes were most pronounced in 2024 — Rent Expense advanced 25.44% — and 2025, when it retreated 17.36%.
- Magyar Bancorp's Rent Expense stood at $761000.0 in 2022, then climbed by 3.81% to $790000.0 in 2023, then increased by 25.44% to $991000.0 in 2024, then dropped by 17.36% to $819000.0 in 2025, then climbed by 2.93% to $843000.0 in 2026.
- The last three Rent Expense figures came in at $843000.0 (Q1 2026), $819000.0 (Q4 2025), and $823000.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Magyar Bancorp | 107.00 Mn | 59.36 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 |