Hanover Bancorp annual operating expenses
2020
2021
2022
2023
2024
2025
Hanover Bancorp Operating Expenses Growth & History (HNVR)
Hanover Bancorp's operating expenses was $53.0M for fiscal 2025.
View full Hanover Bancorp company overviewHanover Bancorp annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $53.0M | $5.9M | +12.46% |
| 2024 | 2024-12-31 | $47.1M | — | — |
| 2023 | 2023-09-30 | $39.7M | $4.5M | +12.90% |
| 2022 | 2022-09-30 | $35.2M | $5.2M | +17.25% |
| 2021 | 2021-09-30 | $30.0M | $9.0M | +42.73% |
| 2020 | 2020-09-30 | $21.0M | — | — |
Hanover Bancorp quarterly operating expenses
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $13.6M | $1.0M | +8.18% |
| Q1 2026 | 2026-03-31 | $15.6M | −$390,000 | −2.44% |
| Q4 2025 | 2025-12-31 | $12.4M | −$41,000 | −0.33% |
| Q3 2025 | 2025-09-30 | $12.0M | −$225,000 | −1.84% |
| Q2 2025 | 2025-06-30 | $12.6M | $946,000 | +8.11% |
| Q1 2025 | 2025-03-31 | $16.0M | $5.2M | +48.06% |
| Q4 2024 | 2024-12-31 | $12.4M | $1.7M | +16.21% |
| Q3 2024 · Sep 30 | 2024-09-30 | $12.2M | $1.9M | +18.62% |
| Q3 2024 · Jun 30 | 2024-06-30 | $11.7M | $1.1M | +10.45% |
| Q2 2024 | 2024-03-31 | $10.8M | $237,000 | +2.24% |
| Q1 2024 | 2023-12-31 | $10.7M | $2.4M | +29.00% |
| Q4 2023 | 2023-09-30 | $10.3M | $1.5M | +16.84% |
| Q3 2023 | 2023-06-30 | $10.6M | $1.8M | +21.03% |
| Q2 2023 | 2023-03-31 | $10.6M | $1.2M | +12.93% |
| Q1 2023 | 2022-12-31 | $8.3M | $7,000 | +0.08% |
| Q4 2022 | 2022-09-30 | $8.8M | $872,000 | +10.96% |
| Q3 2022 | 2022-06-30 | $8.7M | −$2.0M | −18.65% |
| Q2 2022 | 2022-03-31 | $9.4M | $3.6M | +63.44% |
| Q1 2022 | 2021-12-31 | $8.3M | $2.7M | +47.84% |
| Q4 2021 | 2021-09-30 | $8.0M | — | — |
| Q3 2021 | 2021-06-30 | $10.7M | $6.1M | +129.91% |
| Q2 2021 | 2021-03-31 | $5.7M | $94,000 | +1.67% |
| Q1 2021 | 2020-12-31 | $5.6M | — | — |
| Q3 2020 | 2020-06-30 | $4.7M | — | — |
| Q2 2020 | 2020-03-31 | $5.6M | — | — |
Hanover Bancorp operating expenses trends
Between the periods ended 2020-09-30 and 2025-12-31, Hanover Bancorp's operating expenses increased from $21.0M to $53.0M, a change of $32.0M. The latest reported quarter, Q2 2026, shows $13.6M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hanover Bancorp source filings ↗