Magyar Bancorp MGYR Current Income Tax Expense (Benefit)
Current Income Tax Expense (Benefit) at other companies
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Where this comes from
Reported directly by Magyar Bancorp in its filing.
Tagged under the XBRL concept us-gaap:CurrentIncomeTaxExpenseBenefit.
The official record: Magyar Bancorp’s 10-K, filed December 19, 2025, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Magyar Bancorp's current income tax expense (benefit)?
- Magyar Bancorp (MGYR) reported current income tax expense (benefit) of $1.1M in Q3 2025.
- How has Magyar Bancorp's current income tax expense (benefit) changed year-over-year?
- Magyar Bancorp's current income tax expense (benefit) increased by 28.5% year-over-year, from $855.75K to $1.1M.
- What is the long-term trend for Magyar Bancorp's current income tax expense (benefit)?
- Over 3 years (2022 to 2025), Magyar Bancorp's current income tax expense (benefit) has grown at a 11.6% compound annual growth rate (CAGR), from $3.16M to $4.4M.
- What does current income tax expense (benefit) mean?
- This reflects the actual income tax liability or benefit payable to or receivable from tax authorities for the current period. It provides a clear view of the bank's immediate cash tax obligations based on taxable income.