Hanover Bancorp, Inc. (HNVR) Revenue History
Annual and quarterly revenue from 2016 to 2025
Compound Annual Growth Rate (CAGR)
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HNVR Revenue Growth
Revenue Breakdown (FY 2025)
HNVR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
HNVR Revenue Analysis (2016–2025)
As of May 9, 2026, Hanover Bancorp, Inc. (HNVR) generated trailing twelve-month (TTM) revenue of $143.3 million, reflecting moderate decline in growth of -5.0% year-over-year. The most recent quarter (Q4 2025) recorded $35.4 million in revenue, down 1.2% sequentially.
Looking at the longer-term picture, HNVR's 5-year compound annual growth rate (CAGR) stands at +28.1%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $148.4 million in 2024.
Revenue diversification analysis shows HNVR's business is primarily driven by Service Charges On Deposit Accounts (74%), and Other Revenue (26%). With over half of revenue concentrated in Service Charges On Deposit Accounts, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including DCOM, CZWI, and NECB. Compare HNVR vs DCOM →
HNVR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HNVRCurrent | $143M | -5.0% | +28.1% | 6.9% | |
 DCOM | $730M | - | - | 21.5% | |
 CZWI | $90M | - | - | 7.0% | |
 NECB | $157M | - | - | 39.6% | |
 FXNC | $112M | - | - | 19.6% | |
 MNSB | $136M | - | - | 14.0% |
HNVR Historical Revenue Data (2016–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $143.3M | - | $62.9M | 43.9% | $10.0M | 6.9% |
| 2024 | $148.4M | - | $63.5M | 42.8% | $16.4M | 11.0% |
| 2023 | $113.9M | - | $59.9M | 52.6% | $20.2M | 17.7% |
| 2022 | $77.3M | - | $65.7M | 85.0% | $30.5M | 39.4% |
| 2021 | $52.0M | - | $44.1M | 84.7% | $14.1M | 27.0% |
| 2020 | $41.5M | - | $27.2M | 65.6% | $6.2M | 15.0% |
| 2019 | $39.3M | - | $39.3M | 100.0% | $11.4M | 29.0% |
| 2018 | $19.3M | - | $19.3M | 100.0% | $7.5M | 38.6% |
| 2017 | $13.0M | - | $13.0M | 100.0% | $3.9M | 30.0% |
| 2016 | $9.5M | - | $9.5M | 100.0% | $3.0M | 32.0% |
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Start ComparisonHNVR — Frequently Asked Questions
Quick answers to the most common questions about buying HNVR stock.
Is HNVR's revenue growth accelerating or slowing?
HNVR revenue declined -5.0% year-over-year, contrasting with the 5-year CAGR of +28.1%. TTM revenue fell to $143M. This reverses the prior growth trend.
What is HNVR's long-term revenue growth rate?
Hanover Bancorp, Inc.'s 5-year revenue CAGR of +28.1% reflects the variable expansion pattern. Current YoY growth of -5.0% is below this long-term average.
How is HNVR's revenue distributed by segment?
HNVR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2016-2025 are available for download. Segment mix reveals concentration and diversification trends.