Hanover Bancorp (HNVR) Operating Expenses: 2020-2024
Historic Operating Expenses for Hanover Bancorp (HNVR) over the last 5 years, with Dec 2024 value amounting to $47.1 million.
- Hanover Bancorp's Operating Expenses fell 1.84% to $12.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $53.0 million, marking a year-over-year increase of 16.84%. This contributed to the annual value of $47.1 million for FY2024, which is N/A change from last year.
- Per Hanover Bancorp's latest filing, its Operating Expenses stood at $47.1 million for FY2024, which was up 18.61% from $39.7 million recorded in FY2023.
- Over the past 5 years, Hanover Bancorp's Operating Expenses peaked at $47.1 million during FY2024, and registered a low of $21.0 million during FY2020.
- In the last 3 years, Hanover Bancorp's Operating Expenses had a median value of $39.7 million in 2023 and averaged $40.7 million.
- Data for Hanover Bancorp's Operating Expenses shows a peak YoY surged of 42.73% (in 2021) over the last 5 years.
- Hanover Bancorp's Operating Expenses (Yearly) stood at $21.0 million in 2020, then skyrocketed by 42.73% to $30.0 million in 2021, then increased by 17.25% to $35.2 million in 2022, then increased by 12.90% to $39.7 million in 2023, then reached $47.1 million in 2024.