Hanover Bancorp profit margin HNVR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- 12.6%
- Net margin on a year earlier
- −3.3 pts
- Peer median
- 20.2%
Over the twelve months to Jun 30, 2026, Hanover Bancorp kept 12.6% of its revenue as net profit.
Five years earlier its net margin was 15.4%.
The median for 10 regional banks of a similar size is 20.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 10.2% |
| FY2024 | 18.0% |
| FY2023 | 23.9% |
| FY2022 | 33.6% |
| FY2021 | 24.1% |
| FY2020 | 17.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 12.6% | −3.3 pts | |
| Q1 FY26 | 10.6% | −3.4 pts | |
| Q4 FY25 | 10.2% | −7.8 pts | |
| Q3 FY25 | 15.6% | −2.8 pts | |
| Q2 FY25 | 15.9% | −2.9 pts | |
| Q1 FY25 | 14.0% | −7.8 pts | |
| Q4 FY24 | 18.0% | −5.9 pts | |
| Q3 FY24 | 18.4% | −8.0 pts | |
| Q2 FY24 | 18.8% | −10.4 pts | |
| Q1 FY24 | 22.8% | −9.6 pts | |
| Q1 FY24 | 21.7% | −10.6 pts | |
| Q4 FY23 | 23.9% | −9.7 pts |
Against its peers
Companies in Banks - Regional nearest Hanover Bancorp's size, closest first, today.
| Company | Profit margin |
|---|---|
| HNVRHanover Bancorp | 12.6% |
| EBMTEagle Bancorp Montana | 16.8% |
| MNSBMainStreet Bancshares | 23.7% |
| BVFLBV Financial | 32.5% |
| FNWDFinward Bancorp | 14.2% |
| ECBKECB Bancorp | 29.4% |
| SBFGSB Financial | 24.5% |
| SRBKSR Bancorp | 10.0% |
| FINWFinwise Bancorp | 7.6% |
| LSBKLake Shore Bancorp | 28.2% |
| CBFVCB Financial Services | 14.9% |
| Peer median | 20.2% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Hanover Bancorp
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.