Hanover Bancorp, Inc. /MD Income Statement

Income Statement Sep2020 Sep2021 Sep2022 Sep2023 Dec2024
Revenue & Cost
Provisions 1.25M1.00M4.45M3.43M4.94M
Revenue 0.06M0.13M0.23M0.97M0.47M
Interest income
Interest income - Loans 38.64M47.69M67.00M97.56M122.97M
Interest income - Investments 0.19M0.40M5.30M5.15M
Interest Income - Debt Securities 1.65M2.73M5.07M6.36M7.70M
Interest Income - Fed Funds 0.11M0.00M
Other interest income 0.86M0.30M0.94M6.68M4.06M
Interest Income - Total 40.13M48.67M68.43M105.04M133.02M
Interest expenses
Interest Expense - Deposits 9.18M3.82M3.17M32.65M51.46M
Interest Expense - Debt 2.39M2.24M1.80M6.70M7.41M
Interest Expenses 13.01M6.97M7.17M50.55M79.93M
Interest Income - Net 27.12M41.71M61.25M54.49M53.09M
Non-interest income
Interest Income - Total 25.87M40.71M56.80M51.06M48.15M
Service Charges 0.06M0.13M5.14M4.09M10.94M
Investment Gain (Loss) 0.24M0.10M0.03M
Investment Banking Income 0.92M1.31M5.14M4.10M10.94M
Other Non-Interest Income 0.52M0.47M0.37M1.69M1.42M
Non-Interest Income 1.36M3.35M8.87M8.85M15.34M
Operating Items
Research & Development 0.91M1.28M1.63M1.95M2.10M
Wages, Salaries and Other 11.18M14.76M19.66M20.65M25.60M
Restructuring Costs 0.45M4.43M0.25M
Other Operating Expenses 12.77M24.17M33.30M37.77M45.02M
Operating Expenses 21.02M30.00M35.18M39.72M47.11M
Operating Income 1.30M2.95M6.40M4.24M3.44M
EBIT 1.30M2.95M6.40M4.24M3.44M
Non-operating items
Other Non Operating Income 0.04M0.20M-0.00M0.00M-0.11M
Net income details
EBT 6.21M14.05M30.50M20.19M16.38M
Tax Provisions 1.42M3.20M6.94M5.02M4.03M
Profit After Tax 4.97M10.85M23.56M15.16M12.35M
Equity Income 5.68M11.92M24.25M11.10M8.39M
Income from Continuing Operations 4.79M10.85M23.56M15.16M12.35M
Consolidated Net Income 4.79M10.85M23.56M15.16M12.35M
Income towards Parent Company 4.79M10.85M23.56M15.16M12.35M
Net Income towards Common Stockholders 4.79M10.63M22.65M14.60M11.96M
Additional items
EPS (Basic) 1.202.323.742.071.67
EPS (Weighted Average and Diluted) 1.182.283.682.051.66
Shares Outstanding (Weighted Average) 5.56M7.15M7.33M7.20M
Tax Rate 22.84%22.78%22.75%24.88%24.62%