Magyar Bancorp (MGYR) Tax Provisions (2010 - 2026)
Magyar Bancorp posted quarterly Tax Provisions of $1.2 million for Q1 2026, up 13.06% year-on-year from $1.1 million in Q1 2025, and up 8.5% on a QoQ basis from $1.1 million in Q4 2025.
Magyar Bancorp (MGYR) has 12 years of Tax Provisions data on file, last reported at $1.2 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 13.06% year-over-year to $1.2 million; the trailing twelve-month figure through Mar 2026 stood at $4.5 million (up 13.43% YoY), and the FY2025 full-year result was $4.0 million, up 22.07% from the prior year.
- Tax Provisions for Q1 2026 stood at $1.2 million, up from $1.1 million in the prior quarter.
- Across five years, Tax Provisions topped out at $1.6 million in Q3 2024 and bottomed at $501000.0 in Q2 2024.
- The 5-year median for Tax Provisions is $886000.0 (2022), against an average of $939352.9.
- The widest annual swing landed in 2024, when Tax Provisions tumbled 36.42%; it then surged 108.17% in 2025.
- A 5-year view of Tax Provisions shows it stood at $780000.0 in 2022, then dropped by 10.26% to $700000.0 in 2023, then increased by 15.0% to $805000.0 in 2024, then surged by 41.74% to $1.1 million in 2025, then gained by 8.5% to $1.2 million in 2026.
- The last three Tax Provisions figures came in at $1.2 million (Q1 2026), $1.1 million (Q4 2025), and $1.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 1.03 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 1.25 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 736.40 Mn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 428,992.73 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 415.00 Mn |
| 10 | Magyar Bancorp | 108.50 Mn | 60.86 Mn | - | 1.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.24 Mn |
| Dec 31, 2025 | 1.14 Mn |
| Sep 30, 2025 | 1.15 Mn |
| Jun 30, 2025 | 1.00 Mn |
| Mar 31, 2025 | 1.10 Mn |
| Dec 31, 2024 | 805,000.00 |
| Sep 30, 2024 | 1.59 Mn |
| Jun 30, 2024 | 501,000.00 |
| Mar 31, 2024 | 526,000.00 |
| Dec 31, 2023 | 700,000.00 |
| Sep 30, 2023 | 1.29 Mn |
| Jun 30, 2023 | 788,000.00 |
| Mar 31, 2023 | 790,000.00 |
| Dec 31, 2022 | 780,000.00 |
| Sep 30, 2022 | 1.00 Mn |
| Jun 30, 2022 | 886,000.00 |
| Mar 31, 2022 | 690,000.00 |
| Dec 31, 2021 | 674,000.00 |
| Sep 30, 2021 | 707,000.00 |
| Jun 30, 2021 | 676,000.00 |
| Mar 31, 2021 | 652,000.00 |
| Dec 31, 2020 | 569,000.00 |
| Sep 30, 2020 | 349,000.00 |
| Jun 30, 2020 | 214,000.00 |
| Dec 31, 2014 | 74,000.00 |
| Sep 30, 2014 | 79,000.00 |
| Jun 30, 2014 | 77,000.00 |
| Mar 31, 2014 | -10,000.00 |
| Dec 31, 2013 | 41,000.00 |
| Sep 30, 2013 | 88,000.00 |
| Jun 30, 2013 | 78,000.00 |
| Mar 31, 2013 | -275,000.00 |
| Dec 31, 2012 | 132,000.00 |
| Sep 30, 2012 | 87,000.00 |
| Jun 30, 2012 | 69,000.00 |
| Mar 31, 2012 | -42,000.00 |
| Dec 31, 2011 | 7,000.00 |
| Sep 30, 2011 | 195,000.00 |
| Jun 30, 2011 | 56,000.00 |
| Mar 31, 2011 | -244,000.00 |
| Dec 31, 2010 | 36,000.00 |
| Sep 30, 2010 | 27,000.00 |
| Jun 30, 2010 | -3.45 Mn |