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| Date | Value |
|---|---|
| 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 |