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Hanover Bancorp HNVR Accretion (Amortization) of Discounts and Premiums, Investments

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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$197.55M+22.4%
Enterprise value$123.75M-22.6%
P/E20.9×+6.7×
P/S2.6×+0.4×

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:AccretionAmortizationOfDiscountsAndPremiumsInvestments.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Amortization of right-of-use assets2,8491,053
Stock-based compensation799886
Net gain on sale of loans held-for-sale(2,820)(4,650)
Net amortization of premiums, discounts and loan fees and costs1,085913
Amortization of intangible assets2528
Amortization of debt issuance costs3727
Debt extinguishment charges240
Loan servicing rights valuation adjustments602518

ITEM 1. – FINANCIAL STATEMENTS

FAQ

What is Hanover Bancorp's accretion (amortization) of discounts and premiums, investments?
Hanover Bancorp (HNVR) reported accretion (amortization) of discounts and premiums, investments of -$498K in Q2 2026.
How has Hanover Bancorp's accretion (amortization) of discounts and premiums, investments changed year-over-year?
Hanover Bancorp's accretion (amortization) of discounts and premiums, investments decreased by 3.1% year-over-year, from -$483K to -$498K.
What is the long-term trend for Hanover Bancorp's accretion (amortization) of discounts and premiums, investments?
Over 4 years (2021 to 2025), Hanover Bancorp's accretion (amortization) of discounts and premiums, investments has grown at a -15.8% compound annual growth rate (CAGR), from $3.6M to -$1.81M.
What does accretion (amortization) of discounts and premiums, investments mean?
Reflects the non-cash adjustment to interest income resulting from the amortization of premiums or accretion of discounts on investment securities. This adjustment ensures that the yield on investment securities is recognized over the life of the instrument using the effective interest method.

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