Hanover Bancorp HNVR
NASDAQ HNVR
$27.26 +0.13 (+0.48%)
At close: Sep 9, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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