Hanover Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022
Net Interest Income	62.21	60.48	53.09	51.89	54.49	61.25
Net Interest Income Growth	13.55%	13.91%	2.32%	-4.78%	-11.04%	46.86%
Non-Interest Income	11.86	12.84	15.34	9.72	8.85	8.87
Non-Interest Income Growth	-23.49%	-16.27%	57.87%	9.81%	-0.27%	164.91%
Revenues Before Loan Losses	74.07	73.32	68.43	61.6	63.34	70.13
Provision for Credit Losses	10.31	10.38	4.94	2.13	3.43	4.45
Revenue	63.75	62.94	63.49	59.47	59.91	65.68
Revenue Growth (YoY)	-1.98%	-0.87%	6.76%	-0.73%	-8.78%	49.07%
Compensation Expenses	30.78	27.89	25.6	-	20.65	19.67
Selling, General & Admin	14.24	14.03	13.82	-	12.71	10.45
Other Non-Interest Expenses	7.58	11.07	7.7	-	6.36	5.07
Total Non-Interest Expense	52.59	52.98	47.11	42.12	39.72	35.18
Pretax Income	11.16	9.95	16.38	18.33	20.19	30.5
Provision for Income Taxes	3.32	2.47	4.03	4.74	5.02	6.94
Net Income	7.84	7.49	12.35	13.59	15.16	23.56
Net Income to Common	7.84	7.49	12.35	13.59	15.16	23.56
Net Income Growth	-20.04%	-39.35%	-9.15%	-10.39%	-35.63%	117.09%
Shares Outstanding (Basic)	7	7	7	7	7	6
Shares Outstanding (Diluted)	7	7	7	7	7	6
Shares Change (YoY)	0.59%	1.05%	-2.66%	3.69%	15.64%	32.01%
EPS (Basic)	1.05	1.01	1.67	0.51	2.07	3.74
EPS (Diluted)	1.05	1.00	1.66	0.51	2.05	3.68
EPS Growth	-19.85%	-39.76%	225.49%	-75.12%	-44.29%	61.40%
Shares Outstanding	7.16	7.14	7.15	7.2	7.17	7.29
Free Cash Flow	5.6	12.18	4.15	0	12.99	23.96
Free Cash Flow Growth	-54.03%	193.68%	-	-	-45.77%	115.59%
Free Cash Flow Per Share	0.77	1.68	0.58	-	1.82	3.89
Dividends Per Share	0.400	0.400	0.400	0.400	0.100	0.200
Dividend Growth	-	-	-	300.00%	-50.00%	-
Profit Margin	12.30%	11.90%	19.45%	22.85%	25.31%	35.87%
FCF Margin	8.78%	19.36%	6.53%	0.00%	21.69%	36.48%
EBITDA	2.07	2.06	2.15	0	1.88	1.74
EBITDA Margin	3.25%	3.27%	3.39%	0.00%	3.14%	2.66%
Effective Tax Rate	29.73%	24.77%	24.62%	25.85%	24.88%	22.75%

SEC Filings: 10-K · 10-Q