Hanover Bancorp, Inc. (HNVR)

Hanover Bancorp Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Sep 30, 2023	Sep 30, 2022
Cash & Equivalents	142.58	208.9	162.86	177.21	192.62	149.95
Investment Securities	138.22	67.12	71.61	61.22	10.75	12.04
Trading Asset Securities	-	-	1.64	-	0.45	-
Mortgage-Backed Securities	0.87	33.45	15.91	4.24	4.25	4.66
Total Investments	139.08	100.57	89.15	65.46	15.44	16.7
Gross Loans	2,085	2,001	1,986	1,957	1,875	1,624
Allowance for Loan Losses	-19.92	-18.69	-22.78	-19.66	-14.69	-12.84
Net Loans	2,065	1,982	1,963	1,938	1,860	1,611
Property, Plant & Equipment	20.59	24.17	23.67	25.64	26.25	14.46
Goodwill	19.17	19.17	19.17	19.17	19.17	19.17
Other Intangible Assets	-	-	-	0.31	0.33	0.4
Loans Held for Sale	3.62	6.41	12.4	8.9	-	-
Accrued Interest Receivable	-	11.78	11.85	11.92	10.64	8.55
Long-Term Deferred Tax Assets	-	-	-	2.46	1.51	2.51
Other Real Estate Owned & Foreclosed	-	0.65	-	-	-	-
Other Long-Term Assets	52.05	21.6	22.38	12.84	13.16	11.36
Total Assets	2,442	2,383	2,312	2,270	2,150	1,840

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Sep 30, 2023	Sep 30, 2022
Interest Bearing Deposits	1,856	1,781	1,743	1,697	1,549	1,221
Institutional Deposits	-	-	-	-	-	87.9
Non-Interest Bearing Deposits	255.12	247.79	211.66	207.78	185.73	219.23
Total Deposits	2,111	2,028	1,954	1,905	1,735	1,528
Short-Term Borrowings	-	1.05	0.93	2.36	49	55
Current Portion of Long-Term Debt	-	40.48	7.08	18.86	18.86	11.86
Current Portion of Leases	-	2.57	-	-	-	-
Accrued Interest Payable	-	1.74	1.53	1.72	1.82	0.92
Long-Term Debt	34.27	24.74	24.69	26.92	28.81	33.52
Federal Home Loan Bank Debt, Long-Term	59.84	60.25	100.73	107.81	107.81	25.94
Long-Term Leases	7.32	8	9.03	10.46	10.9	-
Long-Term Deferred Tax Liabilities	-	0.35	-	-	-	-
Other Long-Term Liabilities	26.56	15.26	17.21	12.5	11.37	12.13
Total Liabilities	2,239	2,183	2,115	2,085	1,964	1,667

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Sep 30, 2023	Sep 30, 2022
Preferred Stock, Non-Redeemable	-	5.04	5.04	2.96	2.96	-
Total Preferred Equity	-	5.04	5.04	2.96	2.96	-
Common Stock	202.92	0.07	0.07	0.07	0.07	0.07
Retained Earnings	-	72.4	67.92	58.55	58.69	46.48
Comprehensive Income & Other	-	122.75	123.6	123.24	124.18	126.04
Total Common Equity	202.92	195.23	191.6	181.87	182.94	172.58
Shareholders' Equity	202.92	200.27	196.64	184.83	185.91	172.58
Total Liabilities & Equity	2,442	2,383	2,312	2,270	2,150	1,840

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Sep 30, 2023	Sep 30, 2022
Total Debt	101.43	137.09	142.45	166.41	215.37	126.32
Net Cash (Debt)	41.15	71.82	22.05	10.8	-22.3	23.63
Net Cash Growth	37.93%	225.73%	104.17%	-	-	-
Net Cash Per Share	5.73	9.89	3.07	1.51	-3.13	3.84
Filing Date Shares Outstanding	7.29	7.17	7.2	7.23	7.33	7.15
Total Common Shares Outstanding	7.29	7.14	7.15	7.2	7.17	7.29
Book Value Per Share	27.83	27.36	26.79	25.28	25.51	23.69
Tangible Book Value	183.75	176.06	172.43	162.39	163.45	153.02
Tangible Book Value Per Share	25.20	24.67	24.11	22.57	22.79	21.00

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 31, 2026

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