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| Date | Value |
|---|---|
| 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 |