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

Hanover Bancorp's Operating Expenses history runs 7 years deep, the most recent figure standing at $15.6 million for Q1 2026.

• Quarterly Operating Expenses fell 2.44% year-over-year to $15.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $52.6 million (up 36.71% YoY) and the FY2025 annual result came in at $53.0 million, up 12.46% from the prior year.
• Operating Expenses was $15.6 million for Q1 2026 at Hanover Bancorp, up from $12.4 million in the prior quarter.
• Across five years, Operating Expenses topped out at $31.4 million in Q3 2023 and bottomed at $8.3 million in Q4 2022.
• A 5-year average of $14.7 million and a median of $12.4 million in 2025 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses jumped 142.07% — and 2025, when it slumped 43.86%.
• Hanover Bancorp's Operating Expenses stood at $8.3 million in 2022, then surged by 280.24% to $31.4 million in 2023, then decreased by 28.54% to $22.5 million in 2024, then tumbled by 45.01% to $12.4 million in 2025, then advanced by 26.27% to $15.6 million in 2026.
• Business Quant data shows HNVR's Operating Expenses at $15.6 million in Q1 2026, $12.4 million in Q4 2025, and $12.0 million in Q3 2025.