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
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 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