Hanover Bancorp HNVR Occupancy And Equipment Expense
Occupancy And Equipment Expense at other companies
Other financials
Where this comes from
Reported directly by Hanover Bancorp in its filing.
Tagged under the XBRL concept hnvr:OccupancyAndEquipmentExpense.
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 occupancy and equipment expense?
- Hanover Bancorp (HNVR) reported occupancy and equipment expense of $2.07M in Q1 2026.
- How has Hanover Bancorp's occupancy and equipment expense changed year-over-year?
- Hanover Bancorp's occupancy and equipment expense increased by 12.6% year-over-year, from $1.84M to $2.07M.
- What is the long-term trend for Hanover Bancorp's occupancy and equipment expense?
- Over 3 years (2021 to 2025), Hanover Bancorp's occupancy and equipment expense has grown at a 15.9% compound annual growth rate (CAGR), from $4.98M to $7.74M.
- What does occupancy and equipment expense mean?
- This includes costs related to the maintenance, rent, depreciation, and utilities of physical branch locations and corporate offices. It serves as a measure of the bank's overhead intensity and the efficiency of its physical footprint.