Hanover Bancorp (HNVR) EBIT (2020 - 2026)
Hanover Bancorp's (HNVR) quarterly EBIT came in at $20.7 million in Q2 2026, little changed on a YoY basis from $20.6 million in Q2 2025, and up 9.6% quarter-over-quarter from $18.9 million in Q1 2026.
Analysis
Hanover Bancorp (HNVR) EBIT (2020 - 2026) Analysis & Trends
Hanover Bancorp (HNVR) has reported EBIT for 7 consecutive years, with $20.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT changed 0.37% year-over-year to $20.7 million; the trailing twelve-month figure through Jun 2026 stood at $79.0 million (down 29.34% YoY), and the FY2025 full-year result was $80.0 million, down 16.98% from the prior year.
- EBIT improved to $20.7 million in Q2 2026 per HNVR's latest filing, from $18.9 million in the prior quarter.
- Across five years, EBIT topped out at $56.5 million in Q3 2023 and bottomed at $8.4 million in Q2 2022.
- Historically, EBIT has averaged $22.6 million across 5 years, with a median of $20.0 million in 2025.
- The sharpest annual moves came in 2023 and 2025: EBIT soared 426.8% in 2023, then sank 55.37% in 2025.
- Over 5 years, EBIT stood at $14.2 million in 2022, then soared by 297.73% to $56.5 million in 2023, then retreated by 18.2% to $46.2 million in 2024, then tumbled by 63.44% to $16.9 million in 2025, then advanced by 22.53% to $20.7 million in 2026.
- According to Business Quant data, EBIT over the past three periods registered $20.7 million, $18.9 million, and $16.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | 40.42 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 4.16 Bn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 2.19 Bn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 1.89 Bn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 2.23 Bn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 1.67 Bn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 1.19 Bn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | -1.52 Bn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 1.46 Bn |
| 10 | Hanover Bancorp | 201.63 Mn | 59.38 Mn | - | 20.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.71 Mn |
| Mar 31, 2026 | 18.90 Mn |
| Dec 31, 2025 | 16.91 Mn |
| Sep 30, 2025 | 22.44 Mn |
| Jun 30, 2025 | 20.64 Mn |
| Mar 31, 2025 | 19.97 Mn |
| Jun 30, 2024 | 46.24 Mn |
| Mar 31, 2024 | 24.90 Mn |
| Sep 30, 2023 | 56.53 Mn |
| Jun 30, 2023 | 34.68 Mn |
| Mar 31, 2023 | 15.32 Mn |
| Dec 31, 2022 | 14.21 Mn |
| Sep 30, 2022 | 10.73 Mn |
| Jun 30, 2022 | 8.36 Mn |
| Mar 31, 2022 | 8.76 Mn |
| Dec 31, 2021 | 9.83 Mn |
| Sep 30, 2021 | 10.82 Mn |
| Jun 30, 2021 | 1.96 Mn |
| Mar 31, 2021 | 4.15 Mn |
| Dec 31, 2020 | 4.09 Mn |