Hanover Bancorp (HNVR) Interest Expense - Deposits (2020 - 2026)
Hanover Bancorp's (HNVR) quarterly Interest Expense - Deposits came in at $9.6 million in Q1 2026, up 79.55% YoY from $5.3 million in Q1 2025, and up 175.12% on a QoQ basis from -$12.7 million in Q4 2025.
Hanover Bancorp (HNVR) Interest Expense - Deposits (2020 - 2026) Analysis & Trends
Hanover Bancorp (HNVR) has 7 years of Interest Expense - Deposits data on file, last reported at $9.6 million in 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 advanced to $9.6 million in Q1 2026, from -$12.7 million in the prior quarter.
- In the past five years, Interest Expense - Deposits ranged from a high of $10.6 million in Q2 2025 to a low of -$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 advanced 7.21%.
- Tracing HNVR's Interest Expense - Deposits over 5 years: stood at $1.5 million in 2022, then soared by 524.24% to $9.7 million in 2023, then increased by 2.23% to $9.9 million in 2024, then plunged by 228.8% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 1.68 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 2.33 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 1.58 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 891.00 Mn |
| 10 | Hanover Bancorp | 196.90 Mn | 54.65 Mn | - | 9.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.13 Mn |
| 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 |