Hanover Bancorp (HNVR) Interest Expense - Deposits: 2020-2025

Historic Interest Expense - Deposits for Hanover Bancorp (HNVR) over the last 6 years, with Sep 2025 value amounting to $11.2 million.

  • Hanover Bancorp's Interest Expense - Deposits fell 19.61% to $11.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $45.2 million, marking a year-over-year decrease of 11.47%. This contributed to the annual value of $51.5 million for FY2024, which is N/A change from last year.
  • Latest data reveals that Hanover Bancorp reported Interest Expense - Deposits of $11.2 million as of Q3 2025, which was up 5.24% from $10.6 million recorded in Q2 2025.
  • In the past 5 years, Hanover Bancorp's Interest Expense - Deposits registered a high of $13.9 million during Q3 2024, and its lowest value of $401,000 during Q1 2022.
  • Moreover, its 3-year median value for Interest Expense - Deposits was $11.5 million (2025), whereas its average is $11.3 million.
  • As far as peak fluctuations go, Hanover Bancorp's Interest Expense - Deposits tumbled by 68.90% in 2021, and later skyrocketed by 1,843.14% in 2023.
  • Quarterly analysis of 5 years shows Hanover Bancorp's Interest Expense - Deposits stood at $491,000 in 2021, then skyrocketed by 870.26% to $4.8 million in 2022, then skyrocketed by 142.38% to $11.5 million in 2023, then climbed by 3.20% to $11.9 million in 2024, then decreased by 19.61% to $11.2 million in 2025.
  • Its Interest Expense - Deposits was $11.2 million in Q3 2025, compared to $10.6 million in Q2 2025 and $11.5 million in Q1 2025.