Hanover Bancorp, Inc. (HNVR)

Hanover Bancorp Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	11.41	12.35	13.59	15.16	23.56	10.85
Depreciation & Amortization	4.25	3.87	3.64	3.49	1.74	1.48
Other Amortization	0.05	0.05	0.05	0.05	0.06	0.07
Gain (Loss) on Sale of Investments	1.26	0.98	-0.5	-0.75	-3.68	-3.84
Provision for Credit Losses	3.56	4.94	2.13	3.43	4.45	1
Net Decrease (Increase) in Loans Originated / Sold - Operating	-1.53	-	-	-	-	-
Accrued Interest Receivable	0.81	0.07	-2.39	-2.09	0.82	1.92
Change in Other Net Operating Assets	-5.01	-8.21	-1.47	-3.55	0.16	1.64
Other Operating Activities	1.64	1.4	2.54	1.96	1.81	0.62
Operating Cash Flow	7.46	5.9	14.44	16.4	25.08	13.19
Operating Cash Flow Growth	35.33%	-59.14%	-11.97%	-34.61%	90.12%	2230.74%
Capital Expenditures	0.14	-1.29	-2.92	-3.41	-1.12	-2.08
Cash Acquisitions	-	-	-	-	-	26.16
Investment in Securities	-2.22	-21.38	-50.16	0.35	-1.37	0.98
Net Decrease (Increase) in Loans Originated / Sold - Investing	52.39	-23.87	-214.87	-249.04	-369.09	63.64
Other Investing Activities	1.7	0.73	3.59	-4.27	-2.57	1.15
Investing Cash Flow	52.01	-45.82	-264.36	-256.36	-374.15	89.85
Short-Term Debt Issued	-	-	-	-	55	-
Long-Term Debt Issued	-	20	-	100.73	-	24.46
Total Debt Issued	-25	20	100.73	100.73	55	24.46
Short-Term Debt Repaid	-	-	-	-6	-	-
Long-Term Debt Repaid	-	-41.15	-	-16.57	-112.71	-199
Total Debt Repaid	-16.15	-41.15	-210.03	-22.57	-112.71	-199
Net Debt Issued (Repaid)	-41.15	-21.15	-109.31	78.16	-57.71	-174.55
Issuance of Common Stock	-	-	0.17	0.11	27.73	0.11
Repurchase of Common Stock	-0.78	-0.2	-0.5	-0.17	-0.03	-
Common Dividends Paid	-2.98	-2.96	-2.93	-2.93	-2.04	-
Net Increase (Decrease) in Deposit Accounts	9.47	49.94	387.39	207.47	364.52	157.73
Other Financing Activities	-0.61	-0.07	-	-	-	-
Financing Cash Flow	-36.05	25.57	274.83	282.64	332.47	-16.71
Net Cash Flow	23.42	-14.35	24.91	42.68	-16.6	86.34
Free Cash Flow	7.6	4.61	11.52	12.99	23.96	11.11
Free Cash Flow Growth	146.19%	-60.01%	-11.34%	-45.77%	115.59%	-
Free Cash Flow Margin	11.14%	7.26%	19.06%	22.05%	36.48%	25.22%
Free Cash Flow Per Share	1.05	0.64	1.61	1.82	3.89	2.38
Cash Interest Paid	75.89	80.12	60.86	49.65	7.55	7.1
Cash Income Tax Paid	2.59	4.03	4.51	4.4	6.47	1.38

Updated Jul 23, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q