Magyar Bancorp (MGYR) Tax Provisions (2010 - 2026)

Magyar Bancorp (MGYR) has 12 years of Tax Provisions data on file, last reported at $1.2 million in Q1 2026.

• Quarterly Tax Provisions rose 13.06% year-over-year to $1.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.9 million (up 22.14% YoY) and the FY2025 annual result came in at $4.4 million, up 32.56% from the prior year.
• Tax Provisions improved to $1.2 million in Q1 2026, from $1.1 million in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $1.6 million in Q3 2024 to a low of -$2.3 million in Q3 2023.
• A 5-year average of $748705.9 and a median of $805000.0 in 2024 frame the typical range for Tax Provisions.
• Annual changes were most pronounced in 2023 — Tax Provisions plunged 330.0% — and 2024, when it soared 169.17%.
• Tracing MGYR's Tax Provisions over 5 years: stood at $780000.0 in 2022, then slipped by 10.26% to $700000.0 in 2023, then grew by 15.0% to $805000.0 in 2024, then jumped by 41.74% to $1.1 million in 2025, then rose 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 $1.5 million (Q3 2025), per Business Quant data.