Hanover Bancorp, Inc. (HNVR)

Hanover Bancorp Income Statement

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

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 Income on Loans	119.37	119.69	122.97	103.98	97.56	67.01
Interest Income on Investments	10.79	10.79	10.05	9.65	7.48	1.42
Total Interest Income	130.16	130.48	133.02	113.63	105.04	68.43
Interest Paid on Deposits	58	63.84	72.52	54.32	43.85	5.38
Interest Paid on Borrowings	6.17	6.17	7.41	7.42	6.7	1.8
Total Interest Expense	64.17	70	79.93	61.74	50.55	7.18
Net Interest Income	65.99	60.48	53.09	51.89	54.49	61.25
Net Interest Income Growth	12.89%	13.91%	2.32%	-4.78%	-11.04%	46.86%
Gain (Loss) on Sale of Assets	0.17	0.17	-	-	-	-
Gain (Loss) on Sale of Investments	0.22	0.22	0.03	-	-	0.11
Other Non-Interest Income	4.81	4.37	3.9	4.55	3.51	3.39
Total Non-Interest Income	10.56	12.84	15.34	10.69	7.87	8.87
Non-Interest Income Growth	-25.98%	-16.27%	43.48%	35.79%	-11.26%	164.91%
Revenues Before Loan Losses	76.55	73.32	68.43	62.58	62.37	70.13
Provision for Loan Losses	8.23	10.38	4.94	2.13	3.43	4.45
Revenue	68.32	62.94	63.49	60.45	58.93	65.68
Revenue Growth	0.41%	-0.87%	5.04%	2.57%	-10.27%	49.07%
Salaries and Employee Benefits	27.38	26.31	24.01	19.77	18.78	17.98
Occupancy Expenses	8.19	7.74	7.22	6.63	6.36	5.63
Federal Deposit Insurance	1.4	1.39	1.42	1.48	1.26	0.37
Selling, General & Administrative	6.49	6.47	6.76	7.05	6.97	5.88
Other Non-Interest Expense	5.03	7.89	7.7	7.2	6.36	5.07
Total Non-Interest Expense	48.49	49.8	47.11	42.12	39.72	34.93
EBT Excluding Unusual Items	19.83	13.13	16.38	18.33	19.21	30.75
Legal Settlements	-	-	-	-	0.98	-
Other Unusual Items	-3.18	-3.18	-	-	-	-
Pretax Income	14.31	9.95	16.38	18.33	20.19	30.5
Income Tax Expense	3.99	2.47	4.03	4.74	5.02	6.94
Net Income	10.32	7.49	12.35	13.59	15.16	23.56
Preferred Dividends & Other Adjustments	0.19	0.19	0.38	0.47	0.56	0.9
Net Income to Common	10.13	7.29	11.96	13.12	14.6	22.65
Net Income Growth	-8.26%	-39.02%	-8.80%	-10.18%	-35.54%	113.04%
Basic Shares Outstanding	7	7	7	7	7	6
Diluted Shares Outstanding	7	7	7	7	7	6
Shares Change	-1.11%	1.05%	0.73%	0.20%	15.64%	32.01%
EPS (Basic)	1.41	1.01	1.67	1.86	2.07	3.73
EPS (Diluted)	1.41	1.00	1.66	1.84	2.05	3.68
EPS Growth	-7.36%	-39.76%	-9.79%	-10.24%	-44.29%	61.40%

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
Dividend Per Share	0.400	0.400	0.400	0.400	0.100	0.200
Dividend Growth	0%	0%	0%	300.00%	-50.00%	-
Effective Tax Rate	27.88%	24.77%	24.62%	25.85%	24.88%	22.75%

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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