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Hanover Bancorp HNVR Interest Expense Borrowings

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Other financials

Income statement

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Revenue$19.1M+4.1%
Net income$1.9M+23.2%
EPS (diluted)$0.25+25.0%

Balance sheet

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Cash & equivalents$194.4M+21.4%
Total debt$68.6M-56.4%
Total equity$201.4M+2.4%
Total assets$2.4B+3.5%

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$166.89M+7.6%
Enterprise value$41.02M-72.6%
P/E21.3×+7.7×
P/S2.3×+0.1×

Profitability

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Net margin10.6%-3.4pp
FCF margin12.7%+11.4pp

Returns & leverage

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Return on equity3.9%-1.1pp
Debt / equity0.3×-0.5×

Where this comes from

Reported directly by Hanover Bancorp in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseBorrowings.

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 interest expense borrowings?
Hanover Bancorp (HNVR) reported interest expense borrowings of $1.65M in Q1 2026.
How has Hanover Bancorp's interest expense borrowings changed year-over-year?
Hanover Bancorp's interest expense borrowings increased by 15.0% year-over-year, from $1.43M to $1.65M.
What is the long-term trend for Hanover Bancorp's interest expense borrowings?
Over 4 years (2021 to 2025), Hanover Bancorp's interest expense borrowings has grown at a 28.8% compound annual growth rate (CAGR), from $2.24M to $6.17M.
What does interest expense borrowings mean?
This measures the interest expense associated with wholesale funding sources, such as federal funds purchased, repurchase agreements, or advances from the Federal Home Loan Bank. It highlights the bank's reliance on non-deposit funding to support its balance sheet growth.