Hanover Bancorp (HNVR) Interest Expenses (2020 - 2026)
Hanover Bancorp's (HNVR) quarterly Interest Expenses came in at $15.9 million in Q1 2026, down 12.51% YoY from $18.2 million in Q1 2025, and down 5.0% on a QoQ basis from $16.8 million in Q4 2025.
Hanover Bancorp (HNVR) Interest Expenses (2020 - 2026) Analysis & Trends
Hanover Bancorp (HNVR) has 7 years of Interest Expenses data on file, last reported at $15.9 million in 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 $67.7 million (down 43.85% YoY) and the FY2025 annual result came in at $70.0 million, down 12.42% from the prior year.
- Interest Expenses declined to $15.9 million in Q1 2026, from $16.8 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $43.2 million in Q3 2023 to a low of $1.3 million in Q4 2023.
- A 5-year average of $14.5 million and a median of $15.9 million in 2026 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 1781.77% — and 2024, when it sank 96.39%.
- Tracing HNVR's Interest Expenses over 5 years: stood at $7.3 million in 2022, then sank by 82.02% to $1.3 million in 2023, then jumped by 160.65% to $3.4 million in 2024, then jumped by 389.61% to $16.8 million in 2025, then declined by 5.0% to $15.9 million in 2026.
- The last three Interest Expenses figures came in at $15.9 million (Q1 2026), $16.8 million (Q4 2025), and $17.8 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.59 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 3.24 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -4.19 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 7.93 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 2.35 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 1.16 Bn |
| 10 | Hanover Bancorp | 196.90 Mn | 54.65 Mn | - | 15.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.30 Mn |
| Jun 30, 2026 | 15.30 Mn |
| Mar 31, 2026 | 15.93 Mn |
| Mar 31, 2026 | 15.93 Mn |
| Dec 31, 2025 | 16.77 Mn |
| Dec 31, 2025 | 16.77 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 | 3.43 Mn |
| Dec 31, 2024 | 3.43 Mn |
| Sep 30, 2024 | 1.56 Mn |
| Sep 30, 2024 | 1.56 Mn |
| Jun 30, 2024 | 39.67 Mn |
| Jun 30, 2024 | 39.67 Mn |
| Mar 31, 2024 | 19.50 Mn |
| Mar 31, 2024 | 19.50 Mn |