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	Jun '26 Jun 30, 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	47.42	60.48	53.09	51.89	54.49	61.25
Net Interest Income Growth	-15.83%	13.91%	2.32%	-4.78%	-11.04%	46.86%
Non-Interest Income	10.88	12.84	15.34	10.69	8.85	8.87
Non-Interest Income Growth	-29.42%	-16.27%	43.48%	20.83%	-0.27%	164.91%
Revenues Before Loan Losses	58.29	73.32	68.43	62.58	63.34	70.13
Provision for Credit Losses	8.46	10.38	4.94	2.13	3.43	4.45
Revenue	49.84	62.94	63.49	60.45	59.91	65.68
Revenue Growth (YoY)	-26.91%	-0.87%	5.04%	0.90%	-8.78%	49.07%
Compensation Expenses	10.13	27.89	25.6	21.56	20.65	19.67
Selling, General & Admin	14.28	14.03	13.82	13.36	12.71	10.45
Other Non-Interest Expenses	8.2	11.07	7.7	7.2	6.36	5.07
Total Non-Interest Expense	39.98	52.98	47.11	42.12	39.72	35.18
Pretax Income	9.86	9.95	16.38	18.33	20.19	30.5
Provision for Income Taxes	3.73	2.47	4.03	4.74	5.02	6.94
Net Income	9.46	7.49	12.35	13.59	15.16	23.56
Net Income to Common	9.46	7.49	12.35	13.59	15.16	23.56
Net Income Growth	-17.04%	-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)	0.64%	1.05%	-2.66%	3.69%	15.64%	32.01%
EPS (Basic)	1.27	1.01	1.67	0.51	2.07	3.74
EPS (Diluted)	1.27	1.00	1.66	0.51	2.05	3.68
EPS Growth	-16.99%	-39.76%	225.49%	-75.12%	-44.29%	61.40%
Free Cash Flow	-	12.18	4.15	0	12.99	23.96
Free Cash Flow Growth	-	193.68%	-	-	-45.77%	115.59%
Free Cash Flow Per Share	-	1.68	0.58	-	1.82	3.89
Dividends Per Share	-	0.400	0.400	0.400	0.100	0.200
Dividend Growth	-	0%	0%	300.00%	-50.00%	-
Profit Margin	18.99%	11.90%	19.45%	22.48%	25.31%	35.87%
FCF Margin	-	19.36%	6.53%	0.00%	21.69%	36.48%
Effective Tax Rate	37.87%	24.77%	24.62%	25.85%	24.88%	22.75%

SEC Filings: 10-K · 10-Q