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Total debt at other companies

Bridgewater Bancshares, Inc. logo
Bridgewater Bancshares, Inc.BWB
$1.45M-8.5%
Great Southern Bancorp logo
Great Southern BancorpGSBC
$3.96M-37.7%
John Marshall Bancorp logo
John Marshall BancorpJMSB
$4.54M-11.0%
Capital Bancorp logo
Capital BancorpCBNK
$7.57M+38.0%
First Community Corporation logo
First Community CorporationFCCO
$2.57M-0.5%
FB Bancorp, Inc. logo
FB Bancorp, Inc.FBLA

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 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+7.5%
Enterprise value$41.02M-72.7%
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

Calculated from Hanover Bancorp’s reported figures.

Plus components not separately reported this period.

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 total debt?
Hanover Bancorp (HNVR) reported total debt of $68.58M in Q1 2026.
How has Hanover Bancorp's total debt changed year-over-year?
Hanover Bancorp's total debt decreased by 56.4% year-over-year, from $157.42M to $68.58M.
What is the long-term trend for Hanover Bancorp's total debt?
Over 4 years (2021 to 2025), Hanover Bancorp's total debt has grown at a -2.9% compound annual growth rate (CAGR), from $125.27M to $111.29M.
What does total debt mean?
Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.