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Hanover Bancorp (HNVR) Interest Expense - Debt: 2020-2024

Historic Interest Expense - Debt for Hanover Bancorp (HNVR) over the last 5 years, with Dec 2024 value amounting to $7.4 million.

  • Hanover Bancorp's Interest Expense - Debt fell 3.74% to $1.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $6.1 million, marking a year-over-year decrease of 17.50%. This contributed to the annual value of $7.4 million for FY2024, which is N/A change from last year.
  • According to the latest figures from FY2024, Hanover Bancorp's Interest Expense - Debt is $7.4 million, which was up 10.64% from $6.7 million recorded in FY2023.
  • In the past 5 years, Hanover Bancorp's Interest Expense - Debt registered a high of $7.4 million during FY2024, and its lowest value of $1.8 million during FY2022.
  • Moreover, its 3-year median value for Interest Expense - Debt was $6.7 million (2023), whereas its average is $5.3 million.
  • Per our database at Business Quant, Hanover Bancorp's Interest Expense - Debt fell by 19.71% in 2022 and then surged by 272.22% in 2023.
  • Over the past 5 years, Hanover Bancorp's Interest Expense - Debt (Yearly) stood at $2.4 million in 2020, then dropped by 6.04% to $2.2 million in 2021, then decreased by 19.71% to $1.8 million in 2022, then spiked by 272.22% to $6.7 million in 2023, then reached $7.4 million in 2024.