Hanover Bancorp, Inc. /NY financial data

Symbol
HNVR on Nasdaq
Industry
State Commercial Banks
Location
80 East Jericho Turnpike, Mineola, NY
State of incorporation
NY
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.11K % +3.16%
Return On Equity 6.43 % -13.2%
Return On Assets 0.53 % -15.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.2M shares -0.67%
Common Stock, Shares, Outstanding 7.15M shares -0.6%
Entity Public Float 91.3M USD
Common Stock, Value, Issued 72K USD 0%
Weighted Average Number of Shares Outstanding, Basic 7.16M shares +1.13%
Weighted Average Number of Shares Outstanding, Diluted 7.19M shares +0.69%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 16.4M USD -10.6%
Income Tax Expense (Benefit) 4.03M USD -14.9%
Net Income (Loss) Attributable to Parent 12.3M USD -9.15%
Earnings Per Share, Basic 1.67 USD/shares -9.73%
Earnings Per Share, Diluted 1.66 USD/shares -9.78%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 163M USD -8.1%
Deferred Income Tax Assets, Net 1.57M USD -36.3%
Property, Plant and Equipment, Net 15.3M USD -3.46%
Operating Lease, Right-of-Use Asset 8.34M USD -14.5%
Goodwill 19.2M USD 0%
Assets 2.31B USD +1.85%
Liabilities 2.12B USD +1.45%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.33M USD +45.6%
Retained Earnings (Accumulated Deficit) 67.9M USD +16%
Stockholders' Equity Attributable to Parent 197M USD +6.39%
Liabilities and Equity 2.31B USD +1.85%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.6M USD +153%
Net Cash Provided by (Used in) Financing Activities 31.9M USD -63.6%
Net Cash Provided by (Used in) Investing Activities -76.2M USD -106%
Common Stock, Shares Authorized 17M shares 0%
Common Stock, Shares, Issued 7.15M shares -0.6%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 163M USD -8.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 19.2M USD +81.3%
Deferred Tax Assets, Valuation Allowance 3.43M USD -2.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 15M USD -4.06%
Operating Lease, Liability 9.03M USD -13.7%
Payments to Acquire Property, Plant, and Equipment 308K USD -75.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 13.5M USD +13.6%
Lessee, Operating Lease, Liability, to be Paid 10.4M USD
Property, Plant and Equipment, Gross 25.4M USD +3.76%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.05M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 2.15M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure
Deferred Income Tax Expense (Benefit) -19K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.37M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.47M USD
Deferred Tax Assets, Operating Loss Carryforwards 3.04M USD +8.96%
Preferred Stock, Shares Issued 275K shares +83.3%
Deferred Federal Income Tax Expense (Benefit) 262K USD
Current Income Tax Expense (Benefit) 1M USD
Preferred Stock, Shares Authorized 15M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.27M USD
Preferred Stock, Shares Outstanding 275K shares +83.3%
Current State and Local Tax Expense (Benefit) 175K USD
Current Federal Tax Expense (Benefit) 829K USD
Amortization of Intangible Assets 16K USD -15.8%
Deferred State and Local Income Tax Expense (Benefit) -281K USD
Interest Expense 70.1M USD +204%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%