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

Hanover Bancorp has reported Operating Expenses for 7 years, with the latest figure at $15.6 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 2.44% year-over-year to $15.6 million; the trailing twelve-month figure through Mar 2026 stood at $52.6 million (up 90.1% YoY), and the FY2025 full-year result was $53.0 million, up 12.46% from the prior year.
• Operating Expenses for Q1 2026 stood at $15.6 million, up from $12.4 million in the prior quarter.
• The five-year high for Operating Expenses was $16.0 million in Q1 2025, with the low at $8.3 million in Q4 2022.
• Historically, Operating Expenses has averaged $11.5 million across 5 years, with a median of $10.8 million in 2024.
• The largest YoY upside for Operating Expenses was 63.44% in 2022 against a maximum downside of 18.65% in 2022.
• Hanover Bancorp's Operating Expenses stood at $8.3 million in 2022, then grew by 24.74% to $10.3 million in 2023, then advanced by 13.11% to $11.7 million in 2024, then advanced by 5.9% to $12.4 million in 2025, then rose by 26.27% to $15.6 million in 2026.
• The last three Operating Expenses figures came in at $15.6 million (Q1 2026), $12.4 million (Q4 2025), and $12.0 million (Q3 2025), per Business Quant data.