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Hanover Bancorp HNVR Total noninterest expense

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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$198.65M+29.4%
Enterprise value$124.85M-16.1%
P/E21×+7.5×
P/S2.6×+0.5×

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:NoninterestExpense.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Professional fees8978781,8031,665
Federal deposit insurance premiums364365726702
Other expenses2,5761,9524,2973,983
Total non-interest expense13,64812,61629,25428,612
Income before income tax expense5,4193,3838,3895,148
Income tax expense1,3559402,4511,184
NET INCOME$4,064$2,443$5,938$3,964
Earnings per share:

ITEM 1. – FINANCIAL STATEMENTS

FAQ

What is Hanover Bancorp's total noninterest expense?
Hanover Bancorp (HNVR) reported total noninterest expense of $13.65M in Q2 2026.
How has Hanover Bancorp's total noninterest expense changed year-over-year?
Hanover Bancorp's total noninterest expense increased by 8.2% year-over-year, from $12.62M to $13.65M.
What is the long-term trend for Hanover Bancorp's total noninterest expense?
Over 4 years (2021 to 2025), Hanover Bancorp's total noninterest expense has grown at a 15.3% compound annual growth rate (CAGR), from $30.01M to $52.98M.
What does total noninterest expense mean?
Measures the total overhead costs incurred by a financial institution to support its daily operations, excluding interest paid on deposits and borrowings. This aggregate includes personnel compensation, occupancy costs, technology investments, and professional services. It serves as a primary indicator of a bank's operational efficiency and its ability to manage non-interest-related cost structures relative to revenue generation.

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