HNVR
Income statement / Annual
Last year (2023), Hanover Bancorp, Inc.'s total revenue was $59.91 M,
an increase of 3,430.23% from the previous year.
In 2023, Hanover Bancorp, Inc.'s net income was $15.16 M.
See Hanover Bancorp, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
09/30/2023 |
09/30/2022 |
09/30/2021 |
09/30/2020 |
09/30/2019 |
09/30/2018 |
09/30/2017 |
09/30/2016 |
| Operating Revenue |
$59.91 M
|
$1.70 M
|
$45.06 M
|
$28.49 M
|
$39.27 M
|
$19.34 M
|
$13.05 M
|
$9.50 M
|
| Cost of Revenue |
$2.92 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$56.99 M |
$1.70 M |
$45.06 M |
$28.49 M |
$39.27 M |
$19.34 M |
$13.05 M |
$9.50 M |
| Gross Profit Ratio |
0.95 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$5.10 M
|
$21.29 M
|
$16.29 M
|
$12.09 M
|
$1.44 M
|
$1.60 M
|
$1.18 M
|
$937,000.00
|
| Selling & Marketing
Expenses |
$27.01 M
|
$348,000.00
|
$118,000.00
|
$296,000.00
|
$487,000.00
|
$370,000.00
|
$299,000.00
|
$58,000.00
|
| Selling, General &
Administrative Expenses |
$32.11 M
|
$21.64 M
|
$16.41 M
|
$12.39 M
|
$13.80 M
|
$10.74 M
|
$8.05 M
|
$5.58 M
|
| Other Expenses |
$0.00 |
$2.17 M |
-$47.41 M |
-$34.66 M |
-$3.27 M |
$0.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$32.11 M |
$5.09 M |
-$31.01 M |
-$22.27 M |
$3.27 M |
$12.81 M |
$9.43 M |
$6.46 M |
| Cost And Expenses |
$32.11 M |
$5.09 M |
-$31.01 M |
-$22.27 M |
$28.20 M |
$12.81 M |
$9.43 M |
$6.46 M |
| Interest Income |
$105.04 M |
$68.43 M |
$48.68 M |
$40.13 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$50.55 M |
$7.18 M |
$6.97 M |
$13.01 M |
$2.84 M |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$3.49 M
|
$1.78 M
|
$1.43 M
|
$1.30 M
|
$700,000.00
|
-$7.46 M
|
-$3.92 M
|
-$3.04 M
|
| EBITDA |
$0.00
|
$32.24 M
|
$0.00
|
$6.58 M
|
$11.03 M
|
-$931,000.00
|
-$297,000.00
|
$4.81 M
|
| EBITDA Ratio |
0 |
23.23 |
0.34 |
0.27 |
-0.02 |
-0.05 |
-0.02 |
0 |
| Operating Income Ratio
|
0.32
|
22.2
|
0.31
|
0.22
|
0.29
|
0.39
|
0.3
|
0.32
|
| Total Other
Income/Expenses Net |
$975,000.00
|
-$250,000.00
|
-$8.44 M
|
-$2.10 M
|
-$2.41 M
|
-$2.07 M
|
-$1.39 M
|
-$883,000.00
|
| Income Before Tax |
$20.19 M |
$30.50 M |
$14.05 M |
$6.21 M |
$10.33 M |
$6.53 M |
$3.62 M |
$3.04 M |
| Income Before Tax Ratio
|
0.34
|
17.97
|
0.31
|
0.22
|
0.26
|
0.34
|
0.28
|
0.32
|
| Income Tax Expense |
$5.02 M |
$6.94 M |
$3.20 M |
$1.24 M |
$2.24 M |
$1.93 M |
$1.47 M |
$1.08 M |
| Net Income |
$15.16 M |
$23.56 M |
$10.85 M |
$4.97 M |
$8.09 M |
$4.60 M |
$2.15 M |
$1.97 M |
| Net Income Ratio |
0.25 |
13.88 |
0.24 |
0.17 |
0.21 |
0.24 |
0.16 |
0.21 |
| EPS |
2.07 |
3.74 |
2.32 |
1.19 |
1.93 |
1.36 |
0.78 |
0.75 |
| EPS Diluted |
2.05 |
3.68 |
2.28 |
1.19 |
1.93 |
1.36 |
0.78 |
0.75 |
| Weighted Average Shares
Out |
$7.04 M
|
$6.07 M
|
$4.67 M
|
$4.19 M
|
$4.19 M
|
$3.38 M
|
$2.76 M
|
$2.62 M
|
| Weighted Average Shares
Out Diluted |
$7.12 M
|
$6.16 M
|
$4.76 M
|
$4.19 M
|
$4.19 M
|
$3.38 M
|
$2.76 M
|
$2.62 M
|
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