Hanover Bancorp (HNVR) Operating Expenses (2020 - 2026)
Hanover Bancorp (HNVR) posted Operating Expenses of $13.65 million for Q2 2026, up 8.2% from $12.62 million a year earlier but down 12.5% from the prior quarter.
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Analysis
Hanover Bancorp (HNVR) Operating Expenses (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Hanover Bancorp was $53.63 million, down 13.4% year-over-year; for FY2025, it was $52.98 million, up 12.5% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of 20.3% (FY2020 to FY2025).
- In prior years, Hanover Bancorp's Operating Expenses was $47.11 million in FY2024 (+341.5%), $10.67 million in FY2023, $35.18 million in FY2022 (+17.3%) and $30.01 million in FY2021 (+42.7%).
- Quarterly Operating Expenses has run from a low of $7.96 million in Q4 2021 to a high of $22.47 million in Q3 2024 over five years.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2023, with growth of 142.1%; the weakest was Q3 2022, with a decline of 18.7%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $15.61 million (Q1 2026), $12.36 million (Q4 2025) and $12.01 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 27.32 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | -3,218.32 Bn |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 18.63 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 13.90 Bn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 7.02 Bn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | 17.50 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 11.67 Bn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 13.66 Bn |
| 10 | Hanover Bancorp | 179.70 Mn | -532.46 Mn | - | 13.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.65 Mn |
| Mar 31, 2026 | 15.61 Mn |
| Dec 31, 2025 | 12.36 Mn |
| Sep 30, 2025 | 12.01 Mn |
| Jun 30, 2025 | 12.62 Mn |
| Mar 31, 2025 | 16.00 Mn |
| Sep 30, 2024 | 12.24 Mn |
| Jun 30, 2024 | 11.67 Mn |
| Mar 31, 2024 | 10.80 Mn |
| Sep 30, 2023 | 10.32 Mn |
| Jun 30, 2023 | 10.57 Mn |
| Mar 31, 2023 | 10.57 Mn |
| Dec 31, 2022 | 8.27 Mn |
| Sep 30, 2022 | 8.83 Mn |
| Jun 30, 2022 | 8.73 Mn |
| Mar 31, 2022 | 9.36 Mn |
| Dec 31, 2021 | 8.26 Mn |
| Sep 30, 2021 | 7.96 Mn |
| Jun 30, 2021 | 10.73 Mn |
| Mar 31, 2021 | 5.73 Mn |
API Access
Hanover Bancorp Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=HNVR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HNVR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HNVR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();