Hanover Bancorp reported revenue of $19.57M and net income of $4.06M for the quarter ended Jun 2026, up 6.6% year over year. This income statement covers 26 quarters of results from Mar 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| 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 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & Cost | ||||||||||||||||||||||||||
| Provisions | 0.70M | 0.90M | 0.50M | 1.00M | 2.05M | 1.50M | 0.93M | 1.43M | 1.93M | 0.30M | 4.04M | 0.60M | 2.36M | 1.38M | 5.92M | 0.53M | 0.50M | |||||||||
| Revenue | 17.75M | 17.64M | 17.42M | 16.65M | 18.42M | 16.68M | 15.71M | 31.16M | 46.66M | 16.51M | 33.38M | 18.36M | 18.36M | 18.01M | 18.59M | 19.11M | 19.57M | |||||||||
| Interest income | ||||||||||||||||||||||||||
| Interest income - Loans | 17.50M | 16.38M | 15.75M | 15.84M | 19.03M | 21.98M | 23.94M | 49.52M | 75.58M | 29.74M | 60.86M | 29.98M | 29.79M | 29.95M | 29.97M | 29.62M | 29.79M | |||||||||
| Interest income - Investments | 1.03M | 1.78M | 1.80M | -1.40M | ||||||||||||||||||||||
| Interest Income - Debt Securities | 0.16M | 0.15M | 0.11M | 0.10M | 0.13M | 0.21M | 0.20M | 0.40M | 0.59M | 1.46M | 2.99M | 1.19M | 1.43M | 1.60M | 1.47M | 1.37M | 1.65M | |||||||||
| Interest Income - Fed Funds | 0.00M | 0.00M | ||||||||||||||||||||||||
| Other interest income | 0.10M | 0.08M | 0.09M | 0.32M | 0.45M | 0.38M | 0.92M | 3.60M | 2.69M | 1.24M | 2.00M | 1.67M | 0.83M | 1.44M | 1.16M | 1.30M | 0.63M | |||||||||
| Interest Income - Total | 17.76M | 16.62M | 15.94M | 16.26M | 19.61M | 22.57M | 25.06M | 53.52M | 82.47M | 32.43M | 65.85M | 32.84M | 32.05M | 32.99M | 32.60M | 32.29M | 32.07M | |||||||||
| Interest expenses | ||||||||||||||||||||||||||
| Interest Expense - Deposits | 0.69M | 0.49M | 0.40M | 0.58M | 1.85M | 4.76M | 7.79M | 17.70M | 27.88M | 12.93M | 25.60M | 11.46M | 10.65M | 11.21M | 9.93M | 9.55M | 9.13M | |||||||||
| Interest Expense - Debt | 0.58M | 0.49M | 0.45M | 0.43M | 0.43M | 1.00M | 0.96M | 2.80M | 5.70M | 1.60M | 4.20M | 1.43M | 1.55M | 1.47M | 1.72M | 1.65M | 1.59M | |||||||||
| Interest ExpensesInterest Expense | 1.63M | 1.35M | 1.20M | 1.44M | 3.19M | 7.31M | 11.14M | 26.09M | 43.24M | 19.50M | 39.67M | 18.21M | 17.25M | 17.77M | 16.77M | 15.93M | 15.29M | |||||||||
| Interest Income - Net | 16.13M | 15.27M | 14.74M | 14.82M | 16.42M | 15.26M | 13.92M | 27.43M | 39.23M | 12.94M | 26.18M | 14.63M | 14.79M | 15.22M | 15.83M | 16.36M | 16.77M | |||||||||
| Non-interest income | ||||||||||||||||||||||||||
| Interest Income - Total | 15.43M | 14.37M | 14.24M | 13.82M | 14.37M | 13.76M | 12.99M | 26.00M | 37.30M | 12.63M | 21.84M | 14.03M | 12.44M | 13.90M | 9.73M | 15.83M | 16.27M | |||||||||
| Service Charges | -0.02M | 0.07M | 0.07M | 0.07M | 0.16M | 0.06M | 0.46M | 0.47M | 1.23M | |||||||||||||||||
| Investment Gain (Loss) | 0.10M | 0.00M | ||||||||||||||||||||||||
| Investment Banking Income | 0.62M | 1.50M | 1.60M | 0.85M | 1.23M | 0.58M | 1.00M | 2.05M | 3.52M | 2.51M | 5.10M | 2.40M | 2.30M | 1.50M | 1.24M | 1.44M | 1.40M | |||||||||
| Other Non-Interest Income | 0.46M | 0.13M | 0.21M | 0.14M | -0.12M | 0.09M | 0.36M | 0.71M | 1.10M | 0.32M | 0.68M | 0.34M | 0.36M | 0.33M | 0.35M | 0.36M | 0.36M | |||||||||
| Non-Interest Income | 1.62M | 2.38M | 2.67M | 1.83M | 2.00M | 1.41M | 1.79M | 3.73M | 7.44M | 3.58M | 7.20M | 3.73M | 3.56M | 2.79M | 2.77M | 2.74M | 2.80M | |||||||||
| Operating Items | ||||||||||||||||||||||||||
| Research & DevelopmentR&D | 0.35M | 0.37M | 0.39M | 0.37M | 0.50M | 0.42M | 0.44M | 1.02M | 1.53M | 0.52M | 1.01M | 0.59M | 0.51M | 0.31M | 0.34M | 0.42M | 0.43M | |||||||||
| Wages, Salaries and OtherWages | 4.46M | 4.94M | 5.62M | 4.84M | 4.26M | 4.33M | 5.56M | 10.97M | 16.32M | 5.56M | 12.06M | 7.23M | 7.00M | 6.77M | 6.88M | 10.13M | 7.37M | |||||||||
| Restructuring CostsRestructuring | 0.20M | 0.25M | ||||||||||||||||||||||||
| Other Operating ExpensesOther Opex | 7.42M | 7.90M | 8.96M | 8.11M | 8.33M | 7.85M | 10.13M | 20.12M | 29.92M | 10.29M | 21.46M | 15.40M | 12.11M | 11.70M | 12.02M | 15.18M | 13.22M | |||||||||
| Operating ExpensesOpex | 7.96M | 8.26M | 9.36M | 8.73M | 8.83M | 8.27M | 10.57M | 21.13M | 31.45M | 10.80M | 22.47M | 16.00M | 12.62M | 12.01M | 12.36M | 15.61M | 13.65M | |||||||||
| EBIT | 10.82M | 9.83M | 8.76M | 8.36M | 10.73M | 14.21M | 15.32M | 34.68M | 56.53M | 24.90M | 46.24M | 19.97M | 20.64M | 22.44M | 16.91M | 18.90M | 20.71M | |||||||||
| Non-operating items | ||||||||||||||||||||||||||
| Non Operating Interest Expenses | 1.63M | 1.35M | 1.20M | 1.44M | 3.19M | 7.31M | 11.14M | 14.95M | 17.15M | 19.50M | ||||||||||||||||
| Net income details | ||||||||||||||||||||||||||
| EBT | 9.19M | 8.48M | 7.56M | 6.92M | 7.54M | 6.90M | 4.18M | 8.59M | 13.28M | 5.41M | 6.57M | 1.76M | 3.38M | 4.67M | 0.14M | 2.97M | 5.42M | |||||||||
| Tax ProvisionsTaxes | 2.14M | 1.94M | 1.70M | 1.58M | 1.71M | 1.57M | 0.97M | 2.29M | 3.46M | 1.35M | 1.66M | 0.24M | 0.94M | 1.18M | 0.10M | 1.10M | 1.35M | |||||||||
| Profit After TaxPAT | 7.42M | 6.54M | 5.86M | 5.33M | 5.83M | 5.34M | 3.21M | 6.30M | 9.83M | 4.06M | 4.91M | 1.52M | 2.44M | 3.49M | 0.03M | 1.87M | 4.06M | |||||||||
| Income from Continuing OperationsIncome (Continuing) | 7.06M | 6.54M | 5.86M | 5.33M | 5.83M | 5.34M | 3.21M | 6.30M | 9.83M | 4.06M | 4.91M | 1.52M | 2.44M | 3.49M | 0.03M | 1.87M | 4.06M | |||||||||
| Consolidated Net IncomeConsol Net Inc. | 7.06M | 6.54M | 5.86M | 5.33M | 5.83M | 5.34M | 3.21M | 6.30M | 9.83M | 4.06M | 4.91M | 1.52M | 2.44M | 3.49M | 0.03M | 1.87M | 4.06M | |||||||||
| Income towards Parent CompanyParent Net Inc | 7.06M | 6.54M | 5.86M | 5.33M | 5.83M | 5.34M | 3.21M | 6.30M | 9.83M | 4.06M | 4.91M | 1.52M | 2.44M | 3.49M | 0.03M | 1.87M | 4.06M | |||||||||
| Net Income towards Common StockholdersNet Income | 7.06M | 6.45M | 5.59M | 5.07M | 5.59M | 5.13M | 3.07M | 6.06M | 9.47M | 3.92M | 4.75M | 1.48M | 2.38M | 3.40M | 0.04M | 1.82M | 3.97M | |||||||||
| Additional items | ||||||||||||||||||||||||||
| EPS (Basic) | 1.51 | 1.16 | 0.97 | 0.77 | 0.89 | 0.70 | 0.42 | 0.83 | 1.29 | 0.53 | 0.64 | 0.20 | 0.32 | 0.46 | 0.01 | 0.25 | 0.54 | |||||||||
| EPS (Diluted) | 1.48 | 1.14 | 0.96 | 0.76 | 0.91 | 0.72 | 0.43 | 0.85 | 1.32 | 0.55 | 0.66 | 0.20 | 0.33 | 0.47 | 0.01 | 0.25 | 0.55 | |||||||||
| Shares Outstanding | 4.67M | 5.56M | 5.75M | 6.60M | 6.30M | 7.29M | 7.32M | 7.33M | 7.33M | 7.32M | 7.38M | 7.40M | 7.41M | 7.40M | 7.46M | 7.50M | 7.48M | 7.47M | 7.43M | 7.40M | ||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 4.76M | 5.66M | 5.85M | 6.70M | 6.16M | 7.10M | 7.10M | 7.15M | 7.15M | 7.14M | 7.16M | 7.20M | 7.19M | 7.19M | 7.23M | 7.29M | 7.28M | 7.26M | 7.23M | 7.22M | ||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 5.56M | 5.56M | 5.83M | 7.30M | 7.29M | 7.15M | 7.18M | 7.18M | 7.17M | 7.20M | 7.24M | 7.13M | 7.15M | 7.15M | 7.23M | 7.22M | 7.19M | 7.14M | 7.16M | 7.06M | ||||||
| EBITDA | 10.82M | 9.83M | 8.76M | 8.36M | 10.73M | 14.21M | 15.32M | 34.68M | 56.53M | 24.90M | 46.24M | 19.97M | 20.64M | 22.44M | 16.91M | 18.90M | 20.71M |