Magyar Bancorp (MGYR) Tax Rate (2010 - 2026)
Magyar Bancorp posted quarterly Tax Rate of 29.01% for Q1 2026, up 1.0% year-on-year from 28.72% in Q1 2025, and up 8.73% on a QoQ basis from 26.68% in Q4 2025.
Magyar Bancorp (MGYR) has 12 years of Tax Rate data on file, last reported at 29.01% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 1.0% year-over-year to 29.01%; the trailing twelve-month figure through Mar 2026 stood at 28.86% (down 187.0% YoY), and the FY2025 full-year result was 29.32%, down 56.0% from the prior year.
- Tax Rate for Q1 2026 stood at 29.01%, up from 26.68% in the prior quarter.
- Across five years, Tax Rate topped out at 45.09% in Q3 2023 and bottomed at 21.71% in Q1 2024.
- The 5-year median for Tax Rate is 29.13% (2022), against an average of 29.89%.
- The widest annual swing landed in 2023, when Tax Rate surged 1593 bps; it then plunged 884 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 30.12% in 2022, then decreased by 1 bps to 29.76% in 2023, then fell by 6 bps to 27.85% in 2024, then decreased by 4 bps to 26.68% in 2025, then rose by 9 bps to 29.01% in 2026.
- The last three Tax Rate figures came in at 29.01% (Q1 2026), 26.68% (Q4 2025), and 31.2% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (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 | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Magyar Bancorp | 108.50 Mn | 60.86 Mn | - | 29.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.01 |
| Mar 31, 2026 | 29.01 |
| Dec 31, 2025 | 26.68 |
| Dec 31, 2025 | 26.68 |
| Sep 30, 2025 | 31.20 |
| Sep 30, 2025 | 31.20 |
| Jun 30, 2025 | 28.90 |
| Jun 30, 2025 | 28.90 |
| Mar 31, 2025 | 29.00 |
| Mar 31, 2025 | 29.00 |
| Dec 31, 2024 | 27.85 |
| Dec 31, 2024 | 27.85 |
| Sep 30, 2024 | 38.49 |
| Sep 30, 2024 | 38.49 |
| Jun 30, 2024 | 22.86 |
| Jun 30, 2024 | 22.86 |
| Mar 31, 2024 | 21.71 |
| Mar 31, 2024 | 21.71 |
| Dec 31, 2023 | 29.76 |
| Dec 31, 2023 | 29.76 |
| Sep 30, 2023 | 45.09 |
| Sep 30, 2023 | 45.09 |
| Jun 30, 2023 | 29.12 |
| Jun 30, 2023 | 29.12 |
| Mar 31, 2023 | 30.55 |
| Mar 31, 2023 | 30.55 |
| Dec 31, 2022 | 30.12 |
| Dec 31, 2022 | 30.12 |
| Sep 30, 2022 | 29.15 |
| Sep 30, 2022 | 29.15 |
| Jun 30, 2022 | 29.50 |
| Jun 30, 2022 | 29.50 |
| Mar 31, 2022 | 29.13 |
| Mar 31, 2022 | 29.13 |
| Dec 31, 2021 | 28.47 |
| Dec 31, 2021 | 28.47 |
| Sep 30, 2021 | 30.51 |
| Sep 30, 2021 | 30.51 |
| Jun 30, 2021 | 28.84 |
| Jun 30, 2021 | 28.84 |
| Mar 31, 2021 | 30.21 |
| Mar 31, 2021 | 30.21 |
| Dec 31, 2020 | 29.85 |
| Dec 31, 2020 | 29.85 |
| Sep 30, 2020 | 29.78 |
| Sep 30, 2020 | 29.78 |
| Jun 30, 2020 | 29.60 |
| Jun 30, 2020 | 29.60 |
| Dec 31, 2014 | 28.91 |
| Dec 31, 2014 | 28.91 |
| Sep 30, 2014 | 29.15 |
| Sep 30, 2014 | 29.15 |
| Jun 30, 2014 | 29.06 |
| Jun 30, 2014 | 29.06 |
| Mar 31, 2014 | -18.87 |
| Mar 31, 2014 | -18.87 |
| Dec 31, 2013 | 23.56 |
| Dec 31, 2013 | 23.56 |
| Sep 30, 2013 | 40.55 |
| Sep 30, 2013 | 40.55 |
| Jun 30, 2013 | 28.78 |
| Jun 30, 2013 | 28.78 |
| Mar 31, 2013 | 44.50 |
| Mar 31, 2013 | 44.50 |
| Dec 31, 2012 | 31.88 |
| Dec 31, 2012 | 31.88 |
| Sep 30, 2012 | 22.77 |
| Sep 30, 2012 | 22.77 |
| Jun 30, 2012 | 28.51 |
| Jun 30, 2012 | 28.51 |
| Mar 31, 2012 | 131.25 |
| Mar 31, 2012 | 131.25 |
| Dec 31, 2011 | 18.42 |
| Dec 31, 2011 | 18.42 |
| Sep 30, 2011 | 124.20 |
| Sep 30, 2011 | 124.20 |
| Jun 30, 2011 | 74.67 |
| Jun 30, 2011 | 74.67 |
| Mar 31, 2011 | 40.60 |
| Mar 31, 2011 | 40.60 |
| Dec 31, 2010 | 22.09 |
| Dec 31, 2010 | 22.09 |
| Sep 30, 2010 | 20.30 |
| Sep 30, 2010 | 20.30 |
| Jun 30, 2010 | -3,871.91 |
| Jun 30, 2010 | -3,871.91 |