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

Hanover Bancorp (HNVR) posted Interest Expense - Deposits of $9.6 million for Q1 2026, up 175.12% on a QoQ basis from -$12.7 million in Q4 2025, and up 79.55% year-over-year from $5.3 million in Q1 2025.

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

Hanover Bancorp's Interest Expense - Deposits history runs 7 years deep, the most recent figure standing at $9.6 million for Q1 2026.

  • Quarterly Interest Expense - Deposits rose 79.55% year-over-year to $9.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.6 million (down 57.79% YoY) and the FY2025 annual result came in at $20.6 million, down 59.97% from the prior year.
  • Interest Expense - Deposits was $9.6 million for Q1 2026 at Hanover Bancorp, up from -$12.7 million in the prior quarter.
  • Across five years, Interest Expense - Deposits topped out at $10.6 million in Q2 2025 and bottomed at -$12.7 million in Q4 2025.
  • A 5-year average of $4.1 million and a median of $5.1 million in 2025 frame the typical range for Interest Expense - Deposits.
  • Annual changes were most pronounced in 2023 — Interest Expense - Deposits soared 1210.77% — and 2025, when it increased 7.21%.
  • Hanover Bancorp's Interest Expense - Deposits stood at $1.5 million in 2022, then surged by 524.24% to $9.7 million in 2023, then gained by 2.23% to $9.9 million in 2024, then slumped by 228.8% to -$12.7 million in 2025, then surged by 175.12% to $9.6 million in 2026.
  • Business Quant data shows HNVR's Interest Expense - Deposits at $9.6 million in Q1 2026, -$12.7 million in Q4 2025, and $5.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Deposits (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 - 5.24 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 3.51 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 4.61 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 1.74 Bn
10 Hanover Bancorp 184.29 Mn -11.17 Mn - 9.55 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.55 Mn
Dec 31, 2025 -12.72 Mn
Sep 30, 2025 5.10 Mn
Jun 30, 2025 10.65 Mn
Mar 31, 2025 5.32 Mn
Jun 30, 2024 9.87 Mn
Mar 31, 2024 4.96 Mn
Sep 30, 2023 9.66 Mn
Jun 30, 2023 5.60 Mn
Mar 31, 2023 2.38 Mn
Dec 31, 2022 1.55 Mn
Jun 30, 2022 427,000.00
Mar 31, 2022 401,000.00
Dec 31, 2021 366,000.00
Sep 30, 2021 3.28 Mn
Jun 30, 2021 269,000.00
Mar 31, 2021 157,000.00
Dec 31, 2020 117,000.00
Sep 30, 2020 7.87 Mn
Jun 30, 2020 2.44 Mn