Hanover Bancorp Income Statement (2020-2025) | HNVR

Income Statement Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Revenue & Cost
Provisions 0.15M0.10M0.10M0.20M0.70M0.90M0.50M1.00M2.05M1.50M0.93M0.50M0.50M0.20M0.30M4.04M0.20M0.40M0.60M2.36M1.38M
Revenue 7.43M6.60M7.50M7.61M8.49M11.10M17.85M17.64M17.42M16.65M18.42M16.68M15.68M15.48M15.51M0.09M16.51M16.87M17.06M18.00M18.36M18.36M18.01M
Interest income
Interest income - Loans 9.95M9.45M9.52M9.26M9.13M11.80M17.50M16.38M15.75M15.84M19.03M21.98M23.94M25.58M26.06M28.39M29.74M31.12M31.36M30.75M29.98M29.79M29.95M
Interest income - Investments 1.03M0.75M0.02M-1.40M1.10M
Interest Income - Debt Securities 0.37M0.34M0.48M0.46M0.50M0.77M1.00M1.01M1.18M1.09M1.95M1.21M1.79M1.86M1.51M2.05M1.82M1.75M1.93M2.20M2.03M1.95M1.90M
Interest Income - Fed Funds 0.07M0.00M0.00M0.00M0.00M
Other interest income 0.31M0.09M0.06M0.07M0.07M0.07M0.10M0.08M0.09M0.32M0.45M0.38M0.92M2.68M2.69M1.82M1.24M0.76M1.14M0.92M1.67M0.83M1.44M
Interest Income - Total 10.44M9.66M9.75M9.50M9.38M12.04M17.76M16.62M15.94M16.26M19.61M22.57M25.06M28.46M28.95M31.16M32.43M33.42M34.11M33.06M32.84M32.05M32.99M
Interest expenses
Interest Expense - Deposits 2.37M2.44M1.76M1.45M0.92M0.76M0.69M0.49M0.40M0.58M1.85M4.76M7.79M9.90M10.19M11.55M12.93M12.67M13.94M11.92M11.46M10.65M11.21M
Interest Expense - Debt 0.69M0.56M0.49M0.60M0.51M0.56M0.58M0.49M0.45M0.43M0.43M1.00M0.96M1.83M2.91M1.72M1.60M2.60M1.52M1.69M1.43M1.55M1.47M
Interest Expenses 3.70M3.16M2.38M2.17M1.58M1.59M1.63M1.35M1.20M1.44M3.19M7.31M11.14M14.95M17.15M18.50M19.50M20.17M21.01M19.25M18.21M17.25M17.77M
Interest Income - Net 6.74M6.50M7.37M7.33M7.80M10.45M16.13M15.27M14.74M14.82M16.42M15.26M13.92M13.51M11.80M12.66M12.94M13.25M13.10M13.81M14.63M14.79M15.22M
Non-interest income
Interest Income - Total 6.74M6.35M7.27M7.23M7.60M10.45M15.43M14.37M14.24M13.82M14.37M13.76M12.99M13.01M11.30M12.46M12.63M9.21M12.90M13.41M14.03M12.44M13.90M
Service Charges 0.02M0.01M0.01M0.01M0.02M0.03M0.06M0.06M0.05M0.06M4.97M0.06M0.99M1.05M1.48M2.33M2.51M2.59M2.83M3.01M2.35M2.30M1.45M
Investment Banking Income 0.56M0.01M0.18M0.29M0.21M0.62M1.50M1.60M0.85M1.23M0.58M1.00M1.10M1.50M2.33M2.51M2.60M2.80M3.01M2.40M2.30M1.50M
Other Non-Interest Income 0.11M0.06M0.22M0.05M0.02M0.33M0.14M0.13M0.21M0.14M-0.12M0.15M0.46M0.36M1.23M0.38M0.32M0.36M0.36M0.38M0.34M0.36M0.33M
Non-Interest Income 0.69M0.10M0.14M0.29M0.69M0.65M1.72M2.38M2.67M1.83M2.00M1.41M1.76M1.97M3.71M3.25M3.58M3.62M3.95M4.19M3.73M3.56M2.79M
Operating Items
Research & Development 0.22M0.21M0.23M0.24M0.27M0.42M0.35M0.37M0.39M0.37M0.50M0.42M0.44M0.58M0.52M0.53M0.52M0.49M0.55M0.54M0.59M0.51M0.31M
Wages, Salaries and Other 2.59M2.69M3.02M3.11M3.27M3.92M4.46M4.94M5.62M4.84M4.26M4.33M5.56M5.41M5.35M5.24M5.56M6.50M6.84M6.70M7.23M7.00M6.77M
Restructuring Costs 0.24M0.21M0.14M0.15M3.94M0.20M0.25M
Other Operating Expenses 4.70M4.46M3.87M5.20M5.30M3.63M7.42M7.90M8.96M8.11M8.33M7.85M10.13M9.99M9.80M10.14M10.29M11.18M11.69M11.86M15.40M12.11M11.70M
Operating Expenses 5.15M4.67M5.57M5.59M5.72M10.73M7.96M8.26M9.36M8.73M8.83M8.27M10.57M10.57M10.32M10.67M10.80M11.67M12.24M12.40M16.00M12.62M12.01M
Operating Income 1.06M
EBIT 5.98M4.95M4.21M4.09M4.15M1.96M10.82M9.83M8.76M8.36M10.73M14.21M15.32M19.37M21.84M1.06M24.90M21.33M25.63M24.44M19.97M20.64M22.44M
Non-operating items
Other Non Operating Income -0.08M
Net income details
EBT 2.28M1.78M1.83M1.92M2.57M0.37M9.19M8.48M7.56M6.92M7.54M6.90M4.18M4.41M4.69M5.04M5.41M1.16M4.62M5.20M1.76M3.38M4.67M
Tax Provisions 0.51M0.37M0.46M0.40M0.51M0.14M2.14M1.94M1.70M1.58M1.71M1.57M0.97M1.32M1.17M1.28M1.35M0.32M1.08M1.29M0.24M0.94M1.18M
Profit After Tax 1.77M1.41M1.55M1.52M2.06M0.22M7.06M6.54M5.86M5.33M5.83M5.34M3.21M3.09M3.52M3.76M4.06M0.84M3.54M3.90M1.52M2.44M3.49M
Equity Income 2.97M
Income from Continuing Operations 1.77M1.41M1.37M1.52M2.06M0.22M7.06M6.54M5.86M5.33M5.83M5.34M3.21M3.09M3.52M3.76M4.06M0.84M3.54M3.90M1.52M2.44M3.49M
Consolidated Net Income 1.77M1.41M1.37M1.52M2.06M0.22M7.06M6.54M5.86M5.33M5.83M5.34M3.21M3.09M3.52M3.76M4.06M0.84M3.54M3.90M1.52M2.44M3.49M
Income towards Parent Company 1.77M1.41M1.37M1.52M2.06M0.22M7.06M6.54M5.86M5.33M5.83M5.34M3.21M3.09M3.52M3.76M4.06M0.84M3.54M3.90M1.52M2.44M3.49M
Net Income towards Common Stockholders 1.77M1.41M1.37M1.52M2.06M0.22M7.06M6.45M5.59M5.07M5.59M5.13M3.07M2.99M3.41M3.65M3.92M0.82M3.43M3.78M1.48M2.38M3.40M
Additional items
EPS (Basic) 0.430.340.380.360.490.051.451.181.020.810.770.730.440.420.480.510.550.110.480.530.200.330.47
EPS (Weighted Average and Diluted) 0.420.330.370.360.480.051.431.161.000.800.760.720.430.420.480.510.550.110.480.520.200.330.47
Shares Outstanding (Weighted Average) 4.19M4.19M5.56M5.83M5.83M7.29M7.15M7.19M7.18M7.18M7.33M7.23M7.25M7.13M7.15M7.20M7.23M7.22M7.19M
EBITDA 5.98M4.95M4.21M4.09M4.15M1.96M10.82M9.83M8.76M8.36M10.73M14.21M15.32M19.37M21.84M1.06M24.90M21.33M25.63M24.44M19.97M20.64M22.44M
Tax Rate 22.30%20.98%25.26%21.01%20.01%39.62%23.25%22.91%22.48%22.91%22.71%22.68%23.25%29.89%24.87%25.38%24.89%27.18%23.37%24.89%13.82%27.79%25.25%