Hanover Bancorp (HNVR) Interest Expense - Debt (2020 - 2026)

Hanover Bancorp (HNVR) posted Interest Expense - Debt of $1.6 million for Q1 2026, down 4.13% on a QoQ basis from $1.7 million in Q4 2025, and up 15.0% year-over-year from $1.4 million in Q1 2025.

Hanover Bancorp (HNVR) Interest Expense - Debt (2020 - 2026) Analysis & Trends

Hanover Bancorp's Interest Expense - Debt history runs 7 years deep, the most recent figure standing at $1.6 million for Q1 2026.

  • Quarterly Interest Expense - Debt rose 15.0% year-over-year to $1.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.4 million (down 50.67% YoY) and the FY2025 annual result came in at $6.2 million, down 16.82% from the prior year.
  • Interest Expense - Debt was $1.6 million for Q1 2026 at Hanover Bancorp, down from $1.7 million in the prior quarter.
  • Across five years, Interest Expense - Debt topped out at $5.7 million in Q3 2023 and bottomed at $433000.0 in Q2 2022.
  • A 5-year average of $1.9 million and a median of $1.5 million in 2025 frame the typical range for Interest Expense - Debt.
  • Annual changes were most pronounced in 2023 — Interest Expense - Debt soared 545.73% — and 2025, when it tumbled 63.15%.
  • Hanover Bancorp's 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 declined by 4.13% to $1.6 million in 2026.
  • Business Quant data shows HNVR's Interest Expense - Debt at $1.6 million in Q1 2026, $1.7 million in Q4 2025, and $1.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - -
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 277,000.00
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 748.00 Mn
10 Hanover Bancorp 184.29 Mn -11.17 Mn - 1.65 Mn

Historic Data

Download Data
DateValue
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
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
Sep 30, 2020 488,000.00
Jun 30, 2020 564,000.00