Hanover Bancorp, Inc. /MD — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Hanover Bancorp, Inc. /MD filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $7.49M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $12.35M | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $3.76M | Mar 14, 2025 |
| FY2024 | Sep 30, 2023 | $15.16M | Mar 14, 2025 |
| FY2023 | Sep 30, 2022 | $23.56M | Dec 21, 2023 |
| FY2022 | Sep 30, 2021 | $10.85M | Dec 23, 2022 |
| FY2021 | Sep 30, 2020 | $4.97M | Dec 23, 2021 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $13.05M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $5.44M | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $4.11M | Mar 14, 2025 |
| FY2024 | Sep 30, 2023 | $16.40M | Mar 14, 2025 |
| FY2023 | Sep 30, 2022 | $25.08M | Dec 21, 2023 |
| FY2022 | Sep 30, 2021 | $13.19M | Dec 23, 2022 |
| FY2021 | Sep 30, 2020 | $566.0K | Dec 23, 2021 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $869.0K | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $1.29M | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $356.0K | Mar 14, 2025 |
| FY2024 | Sep 30, 2023 | $3.41M | Mar 14, 2025 |
| FY2023 | Sep 30, 2022 | $1.12M | Dec 21, 2023 |
| FY2022 | Sep 30, 2021 | $2.08M | Dec 23, 2022 |
| FY2021 | Sep 30, 2020 | $1.09M | Dec 23, 2021 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.38B | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $2.31B | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $2.27B | Mar 14, 2025 |
| FY2024 | Sep 30, 2023 | $2.15B | Mar 14, 2025 |
| FY2023 | Sep 30, 2022 | $1.84B | Dec 21, 2023 |
| FY2022 | Sep 30, 2021 | $1.48B | Dec 23, 2022 |
| FY2021 | Sep 30, 2020 | $851.61M | Dec 23, 2021 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.18B | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $2.12B | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $2.09B | Mar 14, 2025 |
| FY2024 | Sep 30, 2023 | $1.96B | Mar 14, 2025 |
| FY2023 | Sep 30, 2022 | $1.67B | Dec 21, 2023 |
| FY2022 | Sep 30, 2021 | $1.36B | Dec 23, 2022 |
| FY2021 | Sep 30, 2020 | $773.56M | Dec 23, 2021 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $200.27M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $196.64M | Mar 13, 2026 |
| FY2025 | Dec 31, 2023 | $184.83M | Mar 13, 2026 |
| FY2024 | Sep 30, 2023 | $185.91M | Mar 14, 2025 |
| FY2024 | Sep 30, 2022 | $172.58M | Mar 14, 2025 |
| FY2023 | Sep 30, 2021 | $122.53M | Dec 21, 2023 |
| FY2022 | Sep 30, 2020 | $78.04M | Dec 23, 2022 |
| FY2021 | Sep 30, 2019 | $71.95M | Dec 23, 2021 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $19.17M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $19.17M | Mar 13, 2026 |
| FY2025 | Dec 31, 2023 | $19.17M | Mar 13, 2026 |
| FY2024 | Sep 30, 2023 | $19.17M | Mar 14, 2025 |
| FY2024 | Sep 30, 2022 | $19.17M | Mar 14, 2025 |
| FY2023 | Sep 30, 2021 | $19.17M | Dec 21, 2023 |
| FY2022 | Sep 30, 2020 | $1.90M | Dec 23, 2022 |
| FY2021 | Sep 30, 2019 | $1.48M | Dec 23, 2021 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $72.40M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $67.92M | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $58.55M | Mar 14, 2025 |
| FY2024 | Sep 30, 2023 | $58.69M | Mar 14, 2025 |
| FY2023 | Sep 30, 2022 | $46.48M | Dec 21, 2023 |
| FY2022 | Sep 30, 2021 | $24.97M | Dec 23, 2022 |
| FY2021 | Sep 30, 2020 | $14.12M | Dec 23, 2021 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $208.90M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | $162.86M | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | $177.21M | Mar 14, 2025 |
| FY2024 | Sep 30, 2023 | $192.62M | Mar 14, 2025 |
| FY2023 | Sep 30, 2022 | $149.95M | Dec 21, 2023 |
| FY2022 | Sep 30, 2021 | $166.54M | Dec 23, 2022 |
| FY2021 | Sep 30, 2020 | $80.21M | Dec 23, 2021 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 1 | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Mar 14, 2025 |
| FY2024 | Sep 30, 2023 | 2 | Mar 14, 2025 |
| FY2023 | Sep 30, 2022 | 3 | Dec 21, 2023 |
| FY2022 | Sep 30, 2021 | 2 | Dec 23, 2022 |
| FY2021 | Sep 30, 2020 | 1 | Dec 23, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 1 | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Mar 14, 2025 |
| FY2024 | Sep 30, 2023 | 2 | Mar 14, 2025 |
| FY2023 | Sep 30, 2022 | 3 | Dec 21, 2023 |
| FY2022 | Sep 30, 2021 | 2 | Dec 23, 2022 |
| FY2021 | Sep 30, 2020 | 1 | Dec 23, 2021 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 7.14M | Mar 13, 2026 |
| FY2025 | Dec 31, 2024 | 7.15M | Mar 13, 2026 |
| FY2024 | Dec 31, 2023 | 7.20M | Mar 14, 2025 |
| FY2024 | Sep 30, 2023 | 7.17M | Mar 14, 2025 |
| FY2023 | Sep 30, 2022 | 7.29M | Dec 21, 2023 |
| FY2022 | Sep 30, 2021 | 5.56M | Dec 23, 2022 |
| FY2021 | Sep 30, 2020 | 4.18M | Dec 23, 2021 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Sep 30, 2023 | $2.93M | Dec 21, 2023 |
| FY2023 | Sep 30, 2022 | $2.04M | Dec 21, 2023 |
| FY2022 | Sep 30, 2021 | $0 | Dec 23, 2022 |