Filing Flows › Hanover Bancorp (HNVR) › Q3 2026 › vs Q3 2025
Hanover Bancorp (HNVR) Q3 2026 vs Q3 2025 (year over year)
Hanover Bancorp's revenue rose $1.3M (+7%) from $18.0M in Q3 2025 to $19.3M in Q3 2026. The biggest changes: Net interest income +$1.8M (+12%); Noninterest income −$531K (-19%). Operating margin 30.0% against 25.9% (+4.1 pts).
Hanover Bancorp, Q3 2026: revenue $19.3M (+7% year over year), operating margin 30.0%, net earnings $4.3M, operating cash flow $15.0M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 30.0% | 25.9% | +4.1 pts |
| Net margin | 22.6% | 19.4% | +3.2 pts |
| Free cash flow margin | 76.2% | 13.5% | +62.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Net interest income | $17.0M | $15.2M | $1.8M | +12% |
| Noninterest income | $2.3M | $2.8M | −$531K | -19% |
| Revenue | $19.3M | $18.0M | $1.3M | +7% |
| Operating profit | $5.8M | $4.7M | $1.1M | +24% |
| Costs & expenses | $13.5M | $13.3M | $157K | +1% |
| Pre-tax earnings | $5.8M | $4.7M | $1.1M | +24% |
| Credit loss provision | $1.1M | $1.3M | −$225K | -17% |
| Noninterest expense | $12.4M | $12.0M | $382K | +3% |
| Net earnings | $4.3M | $3.5M | $858K | +25% |
| Income tax | $1.4M | $1.2M | $257K | +22% |
| Depreciation & amortization | $497K | $502K | −$5K | -1% |
| Share-based compensation | $451K | $323K | $128K | +40% |
| Working capital & other | $9.7M | −$1.6M | $11.2M | — |
| Operating cash flow | $15.0M | $2.7M | $12.2M | +445% |
| Free cash flow (OCF − capex) | $14.7M | $2.4M | $12.3M | +504% |
| Capital expenditures | $275K | $317K | −$42K | -13% |
Questions
How much did Hanover Bancorp's revenue grow year over year in Q3 2026?
Hanover Bancorp's revenue rose $1.3M (+7%) from $18.0M in Q3 2025 to $19.3M in Q3 2026.
What drove Hanover Bancorp's revenue change in Q3 2026?
Net interest income +$1.8M (+12%); Noninterest income −$531K (-19%).