Magyar Bancorp, Inc. (MGYR) Tax Provisions (2010 - 2026)
Magyar Bancorp (MGYR) posted Tax Provisions of $1.26 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 25.5% from $1 million a year earlier and up 1.8% from the prior quarter.
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Magyar Bancorp, Inc. (MGYR) Tax Provisions (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Provisions at Magyar Bancorp was $4.78 million, up 6.4% year-over-year; for FY2025 (ended Sep 30, 2025), it was $4.05 million, up 22.1% from FY2024.
- Annual Tax Provisions shows a five-year compound annual growth rate of 34.5% (FY2020 to FY2025).
- In prior fiscal years, Magyar Bancorp's Tax Provisions was $3.32 million in FY2024 (+9.4%), $3.03 million in FY2023 (-6.7%), $3.25 million in FY2022 (+24.8%) and $2.61 million in FY2021 (+182.8%).
- The fiscal Q3 2026 figure stands as the highest quarterly Tax Provisions since fiscal Q4 2024.
- On a year-over-year basis, Tax Provisions has increased in each of the last three quarters, with growth averaging 51.5% over the last eight quarters.
- The strongest year-over-year quarter for Tax Provisions in the past five years was fiscal Q4 2024, with growth of 136.1%; the weakest was fiscal Q3 2024, with a decline of 36.4%.
- According to Business Quant data, Tax Provisions for the three prior fiscal quarters was $1.24 million (Q2 2026), $1.14 million (Q1 2026) and $1.15 million (Q4 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.26 Mn |
| 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 | 674,000.00 |
| 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 |
API Access
Magyar Bancorp, Inc. Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=MGYR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "MGYR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=MGYR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();