Hanover Bancorp, Inc. (HNVR) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	133.1M	143.3M	148.4M	113.9M	77.3M
Cost of Revenue	73.8M	80.4M	84.9M	54.0M	11.6M
Gross Profit	59.3M	62.9M	63.5M	59.9M	65.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	45.4M	35.6M	27.0M	21.9M	20.0M
General & Admin Expense	45.4M	35.6M	27.0M	21.9M	20.0M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	8.9M	17.4M	20.1M	17.8M	15.1M
Total Operating Expenses	54.3M	53.0M	47.1M	39.7M	35.2M
Cost and Expenses	128.1M	133.4M	132.0M	93.7M	46.8M
Operating Income (EBIT)	5.0M	10.0M	16.4M	20.2M	30.5M
Non-Operating
Interest Income	130.0M	130.5M	133.0M	105.0M	68.4M
Interest Expense	65.8M	70.0M	79.9M	50.6M	7.2M
Net Interest Income	64.2M	60.5M	53.1M	54.5M	61.3M
Other Non-Op Income/Expense	8.2M	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	13.2M	10.0M	16.4M	20.2M	30.5M
Income Tax Expense	3.7M	2.5M	4.0M	5.0M	6.9M
Bottom Line
Net Income	9.5M	7.5M	12.3M	15.2M	23.6M
Earnings from Cont. Ops	9.5M	7.5M	12.3M	15.2M	23.6M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	9.4M	7.5M	12.0M	14.6M	22.7M
Per Share
Basic EPS	$1.27	$1.00	$1.67	$2.07	$3.74
Diluted EPS	$1.27	$1.00	$1.66	$2.05	$3.68
Revenue Per Share	$17.95	$19.18	$20.04	$16.18	$12.75
Shares
Basic Shares Outstanding	7.4M	7.5M	7.4M	7.0M	6.1M
Diluted Shares Outstanding	7.4M	7.5M	7.4M	7.1M	6.2M
Profitability Metrics
EBITDA	7.0M	14.1M	20.2M	23.7M	32.2M
D&A	2.1M	4.1M	3.9M	3.5M	1.7M
EBIT	5.0M	10.0M	16.4M	20.2M	30.5M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026