Magyar Bancorp MGYR
NASDAQ MGYR
$22.00 +0.06 (+0.27%)
At close: Nov 13, 2026 · 4:00 PM EST

Magyar Bancorp (MGYR) Tax Provisions (2009 - 2026)

Updated

Magyar Bancorp (MGYR) posted Tax Provisions of $1.46 million for fiscal Q4 2026 (quarter ended Sep 30, 2026), up 27.1% from $1.15 million a year earlier and up 15.5% from the prior quarter.

Analysis

Magyar Bancorp (MGYR) Tax Provisions (2009 - 2026) Analysis & Trends

For FY2026 (ended Sep 30, 2026), Magyar Bancorp's Tax Provisions came in at $5.09 million, up 25.8% from FY2025.

  • Annual Tax Provisions has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 14.4% (FY2021 to FY2026).
  • In prior fiscal years, Magyar Bancorp's Tax Provisions was $4.05 million in FY2025 (+22.1%), $3.32 million in FY2024 (+9.4%), $3.03 million in FY2023 (-6.7%) and $3.25 million in FY2022 (+24.8%).
  • The fiscal Q4 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 four quarters, with growth averaging 37.9% 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 $1.26 million (Q3 2026), $1.24 million (Q2 2026) and $1.14 million (Q1 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Jpmorgan Chase 920.14 Bn 897.90 Bn - 4.83 Bn
2 Banco Santander Chile 407.42 Bn -7,109.68 Bn - -
3 Bank Of America 353.20 Bn -2,022.91 Bn - 2.03 Bn
4 Hsbc Holdings 307.88 Bn -2,967.28 Bn - -2.06 Bn
5 Morgan Stanley 298.41 Bn -244.41 Bn - 1.51 Bn
6 Royal Bank Of Canada 283.46 Bn -546.54 Bn - 1.24 Bn
7 Goldman Sachs 264.45 Bn -3,478.99 Bn - 1.71 Bn
8 Mitsubishi Ufj Financial 259.19 Bn -159.36 Bn 5.24 Bn 1.13 Bn
9 Wells Fargo & Company 258.28 Bn 93.72 Bn - 1.16 Bn
10 Magyar Bancorp 142.06 Mn 142.06 Mn - 1.46 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 1.46 Mn
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
API Access

Magyar Bancorp 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_KEY