Magyar Bancorp MGYR Gain (Loss) on Sales of Loans, Net
Gain (Loss) on Sales of Loans, Net at other companies
Other financials
Where this comes from
Reported directly by Magyar Bancorp in its filing.
Tagged under the XBRL concept us-gaap:GainLossOnSalesOfLoansNet.
The official record: Magyar Bancorp’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Magyar Bancorp's gain (loss) on sales of loans, net?
- Magyar Bancorp (MGYR) reported gain (loss) on sales of loans, net of $269K in Q1 2026.
- How has Magyar Bancorp's gain (loss) on sales of loans, net changed year-over-year?
- Magyar Bancorp's gain (loss) on sales of loans, net decreased by 56.0% year-over-year, from $612K to $269K.
- What is the long-term trend for Magyar Bancorp's gain (loss) on sales of loans, net?
- Over 4 years (2021 to 2025), Magyar Bancorp's gain (loss) on sales of loans, net has grown at a 11.0% compound annual growth rate (CAGR), from $749K to $1.14M.
- What does gain (loss) on sales of loans, net mean?
- The net profit or loss realized from the sale of loans compared to their carrying value on the balance sheet. It serves as a measure of the company's loan origination quality and the market demand for its specific loan products.