Hanover Bancorp (HNVR) Interest Expense - Debt (2020 - 2026)
Hanover Bancorp's (HNVR) quarterly Interest Expense - Debt came in at $1.6 million in Q1 2026, up 15.0% YoY from $1.4 million in Q1 2025, and down 4.13% on a QoQ basis from $1.7 million in Q4 2025.
Hanover Bancorp (HNVR) Interest Expense - Debt (2020 - 2026) Analysis & Trends
Hanover Bancorp (HNVR) has 7 years of Interest Expense - Debt data on file, last reported at $1.6 million in 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 retreated to $1.6 million in Q1 2026, from $1.7 million in the prior quarter.
- In the past five years, Interest Expense - Debt ranged from a high of $5.7 million in Q3 2023 to a low of $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 plunged 63.15%.
- Tracing HNVR's Interest Expense - Debt over 5 years: stood at $997000.0 in 2022, then soared by 472.02% to $5.7 million in 2023, then declined by 26.39% to $4.2 million in 2024, then slumped by 59.05% 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 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 905.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 658.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 485.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 228.00 Mn |
| 10 | Hanover Bancorp | 196.32 Mn | 54.07 Mn | - | 1.59 Mn |
Historic Data
Download 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 |
| 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 |