Hanover Bancorp, Inc. /MD (HNVR) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	132.8M	143.3M	148.4M	113.9M	77.3M
Cost of Revenue	72.0M	80.4M	84.9M	54.0M	11.6M
Gross Profit	60.8M	62.9M	63.5M	59.9M	65.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	39.0M	35.6M	27.0M	21.9M	20.0M
General & Admin Expense	39.0M	35.6M	27.0M	21.9M	20.0M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	15.7M	17.4M	20.1M	17.8M	15.1M
Total Operating Expenses	54.7M	53.0M	47.1M	39.7M	35.2M
Cost and Expenses	126.7M	133.4M	132.0M	93.7M	46.8M
Operating Income (EBIT)	722.0K	10.0M	16.4M	20.2M	30.5M
Non-Operating
Interest Income	130.2M	130.5M	133.0M	105.0M	68.4M
Interest Expense	64.2M	70.0M	79.9M	50.6M	7.2M
Net Interest Income	66.0M	60.5M	53.1M	54.5M	61.3M
Other Non-Op Income/Expense	13.6M	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	14.3M	10.0M	16.4M	20.2M	30.5M
Income Tax Expense	4.0M	2.5M	4.0M	5.0M	6.9M
Bottom Line
Net Income	10.3M	7.5M	12.3M	15.2M	23.6M
Earnings from Cont. Ops	10.3M	7.5M	12.3M	15.2M	23.6M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	10.3M	7.5M	12.0M	14.6M	22.7M
Per Share
Basic EPS	$1.40	$1.00	$1.67	$2.07	$3.74
Diluted EPS	$1.40	$1.00	$1.66	$2.05	$3.68
Revenue Per Share	$18.21	$19.18	$20.04	$16.18	$12.75
Shares
Basic Shares Outstanding	7.3M	7.5M	7.4M	7.0M	6.1M
Diluted Shares Outstanding	7.3M	7.5M	7.4M	7.1M	6.2M
Profitability Metrics
EBITDA	11.0M	14.1M	20.2M	23.7M	32.2M
D&A	5.0M	4.1M	3.9M	3.5M	1.7M
EBIT	6.1M	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 Sep 1, 2026