Hanover Bancorp (HNVR) Interest Expenses (2020 - 2026)

Hanover Bancorp (HNVR) posted Interest Expenses of $15.9 million for Q1 2026, up 132.1% on a QoQ basis from -$49.6 million in Q4 2025, and down 12.51% year-over-year from $18.2 million in Q1 2025.

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

Hanover Bancorp's Interest Expenses history runs 7 years deep, the most recent figure standing at $15.9 million for Q1 2026.

  • Quarterly Interest Expenses fell 12.51% year-over-year to $15.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 million (down 98.9% YoY) and the FY2025 annual result came in at $70.0 million, down 12.42% from the prior year.
  • Interest Expenses was $15.9 million for Q1 2026 at Hanover Bancorp, up from -$49.6 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $43.2 million in Q3 2023 and bottomed at -$49.6 million in Q4 2025.
  • A 5-year average of $10.4 million and a median of $11.1 million in 2023 frame the typical range for Interest Expenses.
  • Peak annual rise in Interest Expenses reached 2927.43% in 2025, while the deepest fall reached 6043.35% in 2025.
  • Hanover Bancorp's Interest Expenses stood at $7.3 million in 2022, then tumbled by 82.02% to $1.3 million in 2023, then plunged by 36.45% to $835000.0 in 2024, then tumbled by 6043.35% to -$49.6 million in 2025, then jumped by 132.1% to $15.9 million in 2026.
  • Business Quant data shows HNVR's Interest Expenses at $15.9 million in Q1 2026, -$49.6 million in Q4 2025, and $17.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 259,661.44
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -2.73 Bn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -32,586.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - 3.52 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 19.98 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 5.30 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 2.53 Bn
10 Hanover Bancorp 184.29 Mn -11.17 Mn - 15.93 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.93 Mn
Mar 31, 2026 15.93 Mn
Dec 31, 2025 -49.63 Mn
Dec 31, 2025 -49.63 Mn
Sep 30, 2025 17.77 Mn
Sep 30, 2025 17.77 Mn
Jun 30, 2025 17.25 Mn
Jun 30, 2025 17.25 Mn
Mar 31, 2025 18.21 Mn
Mar 31, 2025 18.21 Mn
Dec 31, 2024 835,000.00
Dec 31, 2024 835,000.00
Sep 30, 2024 587,000.00
Sep 30, 2024 587,000.00
Jun 30, 2024 39.67 Mn
Jun 30, 2024 39.67 Mn
Mar 31, 2024 19.50 Mn
Mar 31, 2024 19.50 Mn
Dec 31, 2023 1.31 Mn
Dec 31, 2023 1.31 Mn