Hanover Bancorp (HNVR) Interest Expense - Debt (2020 - 2026)
Hanover Bancorp (HNVR) reported Interest Expense - Debt of $1.6 million for Q1 2026, up 15.0% on a YoY basis from $1.4 million in Q1 2025, and down 4.13% quarter-over-quarter from $1.7 million in Q4 2025.
Hanover Bancorp (HNVR) Interest Expense - Debt (2020 - 2026) Analysis & Trends
Hanover Bancorp has reported Interest Expense - Debt for 7 years, with the latest figure at $1.6 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expense - Debt rose 15.0% year-over-year to $1.6 million; the trailing twelve-month figure through Mar 2026 stood at $6.4 million (down 25.26% YoY), and the FY2025 full-year result was $6.2 million, down 16.82% from the prior year.
- Interest Expense - Debt for Q1 2026 stood at $1.6 million, down from $1.7 million in the prior quarter.
- The five-year high for Interest Expense - Debt was $2.9 million in Q3 2023, with the low at $433000.0 in Q2 2022.
- Historically, Interest Expense - Debt has averaged $1.5 million across 5 years, with a median of $1.5 million in 2025.
- Annual changes were most pronounced in 2023 — Interest Expense - Debt jumped 323.79% — and 2025, when it plunged 40.41%.
- Hanover Bancorp's Interest Expense - Debt stood at $997000.0 in 2022, then jumped by 191.57% to $2.9 million in 2023, then dropped by 10.7% to $2.6 million in 2024, then sank by 33.78% to $1.7 million in 2025, then slipped by 4.13% to $1.6 million in 2026.
- The last three Interest Expense - Debt figures came in at $1.6 million (Q1 2026), $1.7 million (Q4 2025), and $1.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | - |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 277,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 32.51 Bn |
| 10 | Hanover Bancorp | 178.34 Mn | -16.10 Mn | - | 1.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 2.60 Mn |
| Mar 31, 2024 | 1.60 Mn |
| Sep 30, 2023 | 2.91 Mn |
| Jun 30, 2023 | 1.84 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 |