Hanover Bancorp (HNVR) Service Charges (2020 - 2023)

Hanover Bancorp (HNVR) has reported Service Charges for 4 consecutive years, with $1.2 million the latest figure, recorded in Q3 2023.

• For the quarter ending Q3 2023, Service Charges rose 675.95% year-over-year to $1.2 million; the trailing twelve-month figure through Sep 2023 stood at $2.2 million (up 1300.63% YoY), and the FY2023 full-year result was $1.7 million, up 971.52% from the prior year.
• Service Charges advanced to $1.2 million in Q3 2023 per HNVR's latest filing, from $467000.0 in the prior quarter.
• Across five years, Service Charges topped out at $1.2 million in Q3 2023 and bottomed at -$16000.0 in Q3 2021.
• Historically, Service Charges has averaged $230133.3 across 4 years, with a median of $66000.0 in 2021.
• The sharpest annual moves came in 2021 and 2022: Service Charges tumbled 107.14% in 2021, then surged 1087.5% in 2022.
• Over 4 years, Service Charges stood at $15000.0 in 2020, then surged by 340.0% to $66000.0 in 2021, then dropped by 4.55% to $63000.0 in 2022, then jumped by 1846.03% to $1.2 million in 2023.
• According to Business Quant data, Service Charges over the past three periods registered $1.2 million, $467000.0, and $457000.0 for Q3 2023, Q2 2023, and Q1 2023 respectively.