Hanover Bancorp, Inc. (HNVR)
NASDAQ: HNVR · Real-Time Price · USD
23.80
+0.60 (2.59%)
May 2, 2025, 10:51 AM EDT - Market open
Hanover Bancorp Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2023 | FY 2022 | FY 2021 | 2016 - 2020 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 | 2016 - 2020 |
| Interest Income on Loans | 123.38 | 122.97 | 103.98 | 97.56 | 67.01 | 47.69 | Upgrade
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| Interest Income on Investments | 10.05 | 10.05 | 9.65 | 7.48 | 1.42 | 0.99 | Upgrade
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| Total Interest Income | 133.43 | 133.02 | 113.63 | 105.04 | 68.43 | 48.68 | Upgrade
|
| Interest Paid on Deposits | 71.23 | 72.52 | 54.32 | 43.85 | 5.38 | 4.73 | Upgrade
|
| Interest Paid on Borrowings | 7.41 | 7.41 | 7.42 | 6.7 | 1.8 | 2.24 | Upgrade
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| Total Interest Expense | 78.64 | 79.93 | 61.74 | 50.55 | 7.18 | 6.97 | Upgrade
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| Net Interest Income | 54.79 | 53.09 | 51.89 | 54.49 | 61.25 | 41.71 | Upgrade
|
| Net Interest Income Growth (YoY) | 10.35% | 2.32% | -4.78% | -11.04% | 46.86% | 53.78% | Upgrade
|
| Gain (Loss) on Sale of Investments | 0.03 | 0.03 | - | - | 0.11 | 0.24 | Upgrade
|
| Other Non-Interest Income | 4.19 | 3.9 | 4.55 | 3.51 | 3.39 | 1.68 | Upgrade
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| Total Non-Interest Income | 15.5 | 15.34 | 10.69 | 7.87 | 8.87 | 3.35 | Upgrade
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| Non-Interest Income Growth (YoY) | 4.44% | 43.48% | 35.79% | -11.26% | 164.91% | 145.53% | Upgrade
|
| Revenues Before Loan Losses | 70.28 | 68.43 | 62.58 | 62.37 | 70.13 | 45.06 | Upgrade
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| Provision for Loan Losses | 5.24 | 4.94 | 2.13 | 3.43 | 4.45 | 1 | Upgrade
|
| Revenue | 65.04 | 63.49 | 60.45 | 58.93 | 65.68 | 44.06 | Upgrade
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| Revenue Growth (YoY) | 1.13% | 5.04% | 2.57% | -10.27% | 49.07% | 61.76% | Upgrade
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| Salaries and Employee Benefits | 25.68 | 24.01 | 19.77 | 18.78 | 17.98 | 13.86 | Upgrade
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| Occupancy Expenses | 7.29 | 7.22 | 6.63 | 6.36 | 5.63 | 3.28 | Upgrade
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| Federal Deposit Insurance | 1.44 | 1.42 | 1.48 | 1.26 | 0.37 | - | Upgrade
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| Selling, General & Administrative | 6.81 | 6.76 | 7.05 | 6.97 | 5.88 | 5.71 | Upgrade
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| Other Non-Interest Expense | 11.09 | 7.7 | 7.2 | 6.36 | 5.07 | 2.73 | Upgrade
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| Total Non-Interest Expense | 52.3 | 47.11 | 42.12 | 39.72 | 34.93 | 25.58 | Upgrade
|
| EBT Excluding Unusual Items | 12.74 | 16.38 | 18.33 | 19.21 | 30.75 | 18.48 | Upgrade
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| Legal Settlements | - | - | - | 0.98 | - | - | Upgrade
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| Pretax Income | 12.74 | 16.38 | 18.33 | 20.19 | 30.5 | 14.05 | Upgrade
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| Income Tax Expense | 2.93 | 4.03 | 4.74 | 5.02 | 6.94 | 3.2 | Upgrade
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| Net Income | 9.81 | 12.35 | 13.59 | 15.16 | 23.56 | 10.85 | Upgrade
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| Preferred Dividends & Other Adjustments | 0.38 | 0.38 | 0.47 | 0.56 | 0.9 | 0.22 | Upgrade
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| Net Income to Common | 9.42 | 11.96 | 13.12 | 14.6 | 22.65 | 10.63 | Upgrade
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| Net Income Growth | -38.34% | -9.15% | -10.39% | -35.63% | 117.09% | 118.15% | Upgrade
|
| Basic Shares Outstanding | 7 | 7 | 7 | 7 | 6 | 5 | Upgrade
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| Diluted Shares Outstanding | 7 | 7 | 7 | 7 | 6 | 5 | Upgrade
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| Shares Change (YoY) | 0.65% | 0.73% | 0.20% | 15.64% | 32.01% | 10.36% | Upgrade
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| EPS (Basic) | 1.31 | 1.67 | 1.86 | 2.07 | 3.73 | 2.32 | Upgrade
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| EPS (Diluted) | 1.30 | 1.66 | 1.84 | 2.05 | 3.68 | 2.28 | Upgrade
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| EPS Growth | -39.90% | -9.79% | -10.24% | -44.29% | 61.40% | 93.22% | Upgrade
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| Dividend Per Share | 0.400 | 0.400 | 0.400 | 0.100 | 0.200 | - | Upgrade
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| Dividend Growth | - | - | 300.00% | -50.00% | - | - | Upgrade
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| Effective Tax Rate | 23.01% | 24.62% | 25.85% | 24.88% | 22.75% | 22.78% | Upgrade
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Updated Apr 23, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.