Hanover Bancorp (HNVR) Interest Expense - Debt (2020 - 2026)
Hanover Bancorp's (HNVR) quarterly Interest Expense - Debt came in at $1.6 million in Q2 2026, up 2.84% on a YoY basis from $1.5 million in Q2 2025, and down 3.46% quarter-over-quarter from $1.6 million in Q1 2026.
Analysis
Hanover Bancorp (HNVR) Interest Expense - Debt (2020 - 2026) Analysis & Trends
Hanover Bancorp (HNVR) has reported Interest Expense - Debt for 7 consecutive years, with $1.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expense - Debt rose 2.84% year-over-year to $1.6 million; the trailing twelve-month figure through Jun 2026 stood at $6.4 million (down 26.82% YoY), and the FY2025 full-year result was $6.2 million, down 16.82% from the prior year.
- Interest Expense - Debt slipped to $1.6 million in Q2 2026 per HNVR's latest filing, from $1.6 million in the prior quarter.
- Across five years, Interest Expense - Debt topped out at $5.7 million in Q3 2023 and bottomed at $426000.0 in Q3 2022.
- Historically, Interest Expense - Debt has averaged $1.8 million across 5 years, with a median of $1.5 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Interest Expense - Debt jumped 1238.73% in 2023, then sank 63.15% in 2025.
- Over 5 years, Interest Expense - Debt stood at $997000.0 in 2022, then surged by 472.02% to $5.7 million in 2023, then retreated by 26.39% to $4.2 million in 2024, then plunged by 59.05% to $1.7 million in 2025, then slipped by 7.45% to $1.6 million in 2026.
- According to Business Quant data, Interest Expense - Debt over the past three periods registered $1.6 million, $1.6 million, and $1.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 485.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 228.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 170.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 18.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 156.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 52.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 314.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 155.00 Mn |
| 10 | Hanover Bancorp | 201.63 Mn | 59.38 Mn | - | 1.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.59 Mn |
| Mar 31, 2026 | 1.65 Mn |
| Dec 31, 2025 | 1.72 Mn |
| Sep 30, 2025 | 1.47 Mn |
| Jun 30, 2025 | 1.55 Mn |
| Mar 31, 2025 | 1.43 Mn |
| Jun 30, 2024 | 4.20 Mn |
| Mar 31, 2024 | 1.60 Mn |
| Sep 30, 2023 | 5.70 Mn |
| Jun 30, 2023 | 2.80 Mn |
| Mar 31, 2023 | 961,000.00 |
| Dec 31, 2022 | 997,000.00 |
| Sep 30, 2022 | 426,000.00 |
| Jun 30, 2022 | 433,000.00 |
| Mar 31, 2022 | 451,000.00 |
| Dec 31, 2021 | 490,000.00 |
| Sep 30, 2021 | 576,000.00 |
| Jun 30, 2021 | 561,000.00 |
| Mar 31, 2021 | 506,000.00 |
| Dec 31, 2020 | 599,000.00 |