Magyar Bancorp (MGYR) Short term Debt (2019 - 2024)
Magyar Bancorp's (MGYR) quarterly Short term Debt came in at $28.6 million in Q2 2024, down 37.26% YoY from $45.5 million in Q3 2023, and down 0.79% on a QoQ basis from $28.8 million in Q1 2024.
Magyar Bancorp (MGYR) Short term Debt (2019 - 2024) Analysis & Trends
Magyar Bancorp (MGYR) has 6 years of Short term Debt data on file, last reported at $28.6 million in Q2 2024.
- Quarterly Short term Debt fell 37.26% year-over-year to $28.6 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $28.6 million (down 37.26% YoY) and the FY2023 annual result came in at $29.5 million, up 88.9% from the prior year.
- Short term Debt eased to $28.6 million in Q2 2024, from $28.8 million in the prior quarter.
- In the past five years, Short term Debt ranged from a high of $67.4 million in Q3 2020 to a low of $15.3 million in Q2 2022.
- A 5-year average of $34.3 million and a median of $28.8 million in 2023 frame the typical range for Short term Debt.
- Annual changes were most pronounced in 2021 — Short term Debt tumbled 65.35% — and 2023, when it jumped 197.92%.
- Tracing MGYR's Short term Debt over 5 years: stood at $60.3 million in 2020, then plunged by 64.56% to $21.4 million in 2021, then jumped by 39.19% to $29.7 million in 2022, then declined by 3.13% to $28.8 million in 2023, then dropped by 0.79% to $28.6 million in 2024.
- The last three Short term Debt figures came in at $28.6 million (Q2 2024), $28.8 million (Q1 2024), and $28.8 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Magyar Bancorp | 119.27 Mn | 107.80 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 28.57 Mn |
| Mar 31, 2024 | 28.80 Mn |
| Dec 31, 2023 | 28.80 Mn |
| Sep 30, 2023 | 29.52 Mn |
| Jun 30, 2023 | 45.53 Mn |
| Mar 31, 2023 | 25.53 Mn |
| Dec 31, 2022 | 29.73 Mn |
| Sep 30, 2022 | 15.63 Mn |
| Jun 30, 2022 | 15.28 Mn |
| Mar 31, 2022 | 19.15 Mn |
| Dec 31, 2021 | 21.36 Mn |
| Sep 30, 2021 | 23.36 Mn |
| Jun 30, 2021 | 31.30 Mn |
| Mar 31, 2021 | 45.88 Mn |
| Dec 31, 2020 | 60.26 Mn |
| Sep 30, 2020 | 67.41 Mn |
| Jun 30, 2020 | 66.94 Mn |
| Sep 30, 2019 | 36.19 Mn |