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

Hanover Bancorp has reported Interest Expense - Deposits for 7 years, with the latest figure at $9.6 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Expense - Deposits rose 79.55% year-over-year to $9.6 million; the trailing twelve-month figure through Mar 2026 stood at $7.0 million (down 79.03% YoY), and the FY2025 full-year result was $20.6 million, down 59.97% from the prior year.
• Interest Expense - Deposits for Q1 2026 stood at $9.6 million, up from -$12.7 million in the prior quarter.
• The five-year high for Interest Expense - Deposits was $12.9 million in Q1 2024, with the low at -$12.7 million in Q4 2025.
• Historically, Interest Expense - Deposits has averaged $4.0 million across 5 years, with a median of $4.9 million in 2024.
• Annual changes were most pronounced in 2022 — Interest Expense - Deposits soared 870.26% — and 2025, when it sank 58.86%.
• Hanover Bancorp's Interest Expense - Deposits stood at $4.8 million in 2022, then surged by 113.81% to $10.2 million in 2023, then slumped by 51.8% to $4.9 million in 2024, then plunged by 358.96% to -$12.7 million in 2025, then soared by 175.12% to $9.6 million in 2026.
• The last three Interest Expense - Deposits figures came in at $9.6 million (Q1 2026), -$12.7 million (Q4 2025), and $5.1 million (Q3 2025), per Business Quant data.