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Hanover Bancorp HNVR Gain (Loss) on Sales of Loans, Net

Gain (Loss) on Sales of Loans, Net at other companies

Home Federal Bancorp logo
Home Federal BancorpHFBL
$129K+61.3%
Great Southern Bancorp logo
Great Southern BancorpGSBC
$719K+19.6%
John Marshall Bancorp logo
John Marshall BancorpJMSB
$6K-83.3%
Southern First Bancshares logo
Southern First BancsharesSFST
$1.32M+4.3%
CF Bankshares logo
CF BanksharesCFBK
$145K+27.2%
First Community Corporation logo
First Community CorporationFCCO

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$7.6M-95.2%
Total equity$202.7M+1.9%
Total assets$2.3B+1.1%

Cash flow

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Operating cash flow-$2.5M-985%
CapEx$184.0K-19.3%
Free cash flow-$2.7M-4,916%

Valuation

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Market cap$192.37M+24.5%
Enterprise value$58.76M-60.8%
P/E20.3×+6.8×
P/S2.6×+0.4×

Profitability

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Net margin12.6%-3.3pp
FCF margin12.7%+11.4pp

Returns & leverage

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Return on equity4.7%-1.2pp
Debt / equity-0.8×

Where this comes from

Reported directly by Hanover Bancorp in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnSalesOfLoansNet.

The official record: Hanover Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hanover Bancorp's gain (loss) on sales of loans, net?
Hanover Bancorp (HNVR) reported gain (loss) on sales of loans, net of $1.44M in Q1 2026.
How has Hanover Bancorp's gain (loss) on sales of loans, net changed year-over-year?
Hanover Bancorp's gain (loss) on sales of loans, net decreased by 38.6% year-over-year, from $2.35M to $1.44M.
What is the long-term trend for Hanover Bancorp's gain (loss) on sales of loans, net?
Over 3 years (2022 to 2025), Hanover Bancorp's gain (loss) on sales of loans, net has grown at a 12.9% compound annual growth rate (CAGR), from $5.14M to $7.4M.
What does gain (loss) on sales of loans, net mean?
Represents the net profit or loss realized from the sale of loans, calculated as the difference between the proceeds received and the carrying value of the loans sold. This is a key indicator of the bank's secondary market execution and the profitability of its loan origination business model.