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Hanover Bancorp HNVR Net Interest Income

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Other financials

Income statement

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Revenue$19.6M+6.6%
Net income$4.1M+66.4%
EPS (diluted)$0.55+66.7%

Balance sheet

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Cash & equivalents$141.2M-14.2%
Total debt$67.4M-57.8%
Total equity$202.7M+1.9%
Total assets$2.3B+1.1%

Cash flow

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Operating cash flow$18.4M+943%
CapEx$442.0K+391%
Free cash flow$18.0M+973%

Valuation

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Market cap$198.65M+29.4%
Enterprise value$124.85M-16.1%
P/E21×+7.5×
P/S2.6×+0.5×

Profitability

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Net margin12.6%-3.3pp
FCF margin34.2%+24.3pp

Returns & leverage

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Return on equity4.7%-1.2pp
Debt / equity0.3×-0.5×

Where this comes from

Reported directly by Hanover Bancorp in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNet.

The source filing: Hanover Bancorp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092675
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Time deposits4,5755,0589,30510,378
Borrowings1,5911,5473,2392,980
Total interest expense15,29517,25431,22535,462
Net interest income16,77114,79533,13329,424
Provision for credit losses5002,3571,0302,957
Net interest income after provision for credit losses16,27112,43832,10326,467
NON-INTEREST INCOME
Loan servicing and fee income1,1641,0832,2062,164

ITEM 1. – FINANCIAL STATEMENTS

FAQ

What is Hanover Bancorp's net interest income?
Hanover Bancorp (HNVR) reported net interest income of $16.77M in Q2 2026.
How has Hanover Bancorp's net interest income changed year-over-year?
Hanover Bancorp's net interest income increased by 13.4% year-over-year, from $14.8M to $16.77M.
What is the long-term trend for Hanover Bancorp's net interest income?
Over 4 years (2021 to 2025), Hanover Bancorp's net interest income has grown at a 9.7% compound annual growth rate (CAGR), from $41.71M to $60.48M.
What does net interest income mean?
This is the difference between the interest earned on assets and the interest paid on liabilities, representing the core profitability of the bank's lending and deposit-taking activities. It is the fundamental measure of a bank's ability to generate revenue from its balance sheet.

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