HNVR: Hanover Bancorp Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Hanover Bancorp Inc (HNVR).
$164.90M Market Cap.
HNVR Market Cap. (MRY)
HNVR Shares Outstanding (MRY)
HNVR Assets (MRY)
Total Assets
$2.31B
Total Liabilities
$2.12B
Total Investments
$2.07B
HNVR Income (MRY)
Revenue
$63.49M
Net Income
$12.35M
Operating Expense
$47.11M
HNVR Cash Flow (MRY)
CF Operations
$5.90M
CF Investing
-$45.82M
CF Financing
$25.57M
HNVR Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $2,312,110,000 (7.56%) | $2,149,535,000 (16.82%) | $1,840,058,000 (23.94%) | $1,484,641,000 (74.33%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $19,418,000 (-0.39%) | $19,495,000 (-0.37%) | $19,567,000 (-0.41%) | $19,648,000 (921.74%) |
Shareholders Equity | $196,638,000 (5.77%) | $185,907,000 (7.72%) | $172,584,000 (40.85%) | $122,529,000 (57.00%) |
Property Plant & Equipment Net | $23,674,000 (-9.81%) | $26,250,000 (81.51%) | $14,462,000 (-3.61%) | $15,003,000 (5.98%) |
Cash & Equivalents | $162,857,000 (-15.45%) | $192,624,000 (28.46%) | $149,947,000 (-9.97%) | $166,544,000 (107.64%) |
Accumulated Other Comprehensive Income | -$1,334,000 (-0.91%) | -$1,322,000 (-113.23%) | -$620,000 (-342.19%) | $256,000 (64.10%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $2,070,547,000 (9.82%) | $1,885,420,000 (15.41%) | $1,633,666,000 (29.80%) | $1,258,645,000 (70.53%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Accumulated Retained Earnings (Deficit) | $67,922,000 (15.72%) | $58,693,000 (26.29%) | $46,475,000 (86.12%) | $24,971,000 (76.85%) |
Tax Assets | $1,569,000 (3.98%) | $1,509,000 (-39.83%) | $2,508,000 (-29.51%) | $3,558,000 (87.56%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $141,519,000 (-34.29%) | $215,369,000 (70.49%) | $126,320,000 (-31.41%) | $184,155,000 (83.90%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $2,115,472,000 (7.73%) | $1,963,628,000 (17.76%) | $1,667,474,000 (22.42%) | $1,362,112,000 (76.08%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
HNVR Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $63,491,000 (5.98%) | $59,908,000 (-8.78%) | $65,676,000 (49.07%) | $44,057,000 (61.76%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $34,918,000 (20.56%) | $28,962,000 (7.56%) | $26,927,000 (27.39%) | $21,137,000 (25.43%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $47,112,000 (18.61%) | $39,721,000 (12.90%) | $35,181,000 (17.25%) | $30,005,000 (42.73%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $4,033,000 (-19.71%) | $5,023,000 (-27.61%) | $6,939,000 (116.78%) | $3,201,000 (158.15%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $12,346,000 (-18.58%) | $15,164,000 (-35.63%) | $23,556,000 (117.09%) | $10,851,000 (118.15%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $12,346,000 (-18.58%) | $15,164,000 (-35.63%) | $23,556,000 (117.09%) | $10,851,000 (118.15%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $12,346,000 (-18.58%) | $15,164,000 (-35.63%) | $23,556,000 (117.09%) | $10,851,000 (118.15%) |
Weighted Average Shares | $7,152,601 (-0.44%) | $7,184,120 (-1.50%) | $7,293,430 (56.21%) | $4,669,009 (12.17%) |
Weighted Average Shares Diluted | - | - | - | $4,758,669 (12.58%) |
Earning Before Interest & Taxes (EBIT) | $16,379,000 (-18.86%) | $20,187,000 (-33.80%) | $30,495,000 (117.02%) | $14,052,000 (126.13%) |
Gross Profit | $63,491,000 (5.98%) | $59,908,000 (-8.78%) | $65,676,000 (49.07%) | $44,057,000 (61.76%) |
Operating Income | $16,379,000 (-18.86%) | $20,187,000 (-33.80%) | $30,495,000 (117.02%) | $14,052,000 (126.13%) |
HNVR Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$45,817,000 (82.13%) | -$256,360,000 (31.48%) | -$374,146,000 (-516.41%) | $89,850,000 (1332.51%) |
Net Cash Flow from Financing | $25,568,000 (-90.95%) | $282,636,000 (-14.99%) | $332,468,000 (2089.99%) | -$16,707,000 (-1760.47%) |
Net Cash Flow from Operations | $5,899,000 (-64.03%) | $16,401,000 (-34.61%) | $25,081,000 (90.12%) | $13,192,000 (2230.74%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$14,350,000 (-133.62%) | $42,677,000 (357.14%) | -$16,597,000 (-119.22%) | $86,335,000 (1232.71%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $26,164,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$44,525,000 (82.40%) | -$252,953,000 (32.19%) | -$373,024,000 (-667.21%) | $65,765,000 (1161.24%) |
Capital Expenditure | -$1,292,000 (62.08%) | -$3,407,000 (-203.65%) | -$1,122,000 (46.03%) | -$2,079,000 (-90.21%) |
Issuance (Repayment) of Debt Securities | -$21,148,000 (-127.06%) | $78,157,000 (235.43%) | -$57,710,000 (71.00%) | -$199,000,000 (-1176.38%) |
Issuance (Purchase) of Equity Shares | -$68,000 (-164.15%) | $106,000 (-99.62%) | $27,729,000 (24438.94%) | $113,000 (-48.40%) |
Payment of Dividends & Other Cash Distributions | -$2,960,000 (-1.06%) | -$2,929,000 (-43.44%) | -$2,042,000 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $1,587,000 (-15.18%) | $1,871,000 (11.10%) | $1,684,000 (86.90%) | $901,000 (17.62%) |
Depreciation Amortization & Accretion | $3,869,000 (10.80%) | $3,492,000 (100.23%) | $1,744,000 (18.16%) | $1,476,000 (9.50%) |
HNVR Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | 19.40% (-23.32%) | 25.30% (-29.53%) | 35.90% (45.93%) | 24.60% (34.43%) |
EBITDA Margin | 31.90% (-19.24%) | 39.50% (-19.55%) | 49.10% (39.49%) | 35.20% (26.62%) |
Return on Average Equity (ROAE) | 6.40% (-22.89%) | 8.30% (-46.79%) | 15.60% (44.44%) | 10.80% |
Return on Average Assets (ROAA) | 0.50% (-28.57%) | 0.70% (-53.33%) | 1.50% (66.67%) | 0.90% |
Return on Sales (ROS) | 25.80% (-23.44%) | 33.70% (-27.37%) | 46.40% (45.45%) | 31.90% (39.91%) |
Return on Invested Capital (ROIC) | 0.70% (-30.00%) | 1.00% (-50.00%) | 2.00% (66.67%) | 1.20% |
Dividend Yield | 1.70% (-22.73%) | 2.20% (120.00%) | 1.00% | - |
Price to Earnings Ratio (P/E) | 13.8 (57.97%) | 8.74 (70.95%) | 5.11 | - |
Price to Sales Ratio (P/S) | 2.6 (19.73%) | 2.17 (2.17%) | 2.12 | - |
Price to Book Ratio (P/B) | 0.84 (20.03%) | 0.7 (-13.49%) | 0.81 | - |
Debt to Equity Ratio (D/E) | 10.76 (1.86%) | 10.56 (9.31%) | 9.66 (-13.09%) | 11.12 (12.16%) |
Earnings Per Share (EPS) | 1.67 (-19.32%) | 2.07 (-44.65%) | 3.74 (61.21%) | 2.32 (93.33%) |
Sales Per Share (SPS) | 8.88 (6.45%) | 8.34 (-7.40%) | 9.01 (-4.57%) | 9.44 (44.19%) |
Free Cash Flow Per Share (FCFPS) | 0.64 (-64.40%) | 1.81 (-44.93%) | 3.29 (38.03%) | 2.38 (1974.02%) |
Book Value Per Share (BVPS) | 27.49 (6.24%) | 25.88 (9.36%) | 23.66 (-9.83%) | 26.24 (39.96%) |
Tangible Assets Book Value Per Share (TABVPS) | 320.54 (8.11%) | 296.49 (18.78%) | 249.61 (-20.45%) | 313.77 (53.70%) |
Enterprise Value Over EBIT (EV/EBIT) | 11 (-8.33%) | 12 (300.00%) | 3 | - |
Enterprise Value Over EBITDA (EV/EBITDA) | 9.07 (-13.48%) | 10.48 (288.51%) | 2.7 | - |
Asset Turnover | 0.03 (-6.90%) | 0.03 (-29.27%) | 0.04 (7.89%) | 0.04 |
Current Ratio | - | - | - | - |
Dividends | $0.4 (0.00%) | $0.4 (100.00%) | $0.2 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $4,607,000 (-64.55%) | $12,994,000 (-45.77%) | $23,959,000 (115.59%) | $11,113,000 (2208.73%) |
Enterprise Value (EV) | $183,624,216 (-26.02%) | $248,193,731 (185.30%) | $86,993,382 | - |
Earnings Before Tax (EBT) | $16,379,000 (-18.86%) | $20,187,000 (-33.80%) | $30,495,000 (117.02%) | $14,052,000 (126.13%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $20,248,000 (-14.49%) | $23,679,000 (-26.55%) | $32,239,000 (107.62%) | $15,528,000 (105.34%) |
Invested Capital | $2,271,354,000 (5.51%) | $2,152,785,000 (19.81%) | $1,796,864,000 (21.20%) | $1,482,604,000 (70.49%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $2,292,692,000 (7.64%) | $2,130,040,000 (17.00%) | $1,820,491,000 (24.27%) | $1,464,993,000 (72.42%) |
Market Capitalization | $164,903,216 (26.89%) | $129,960,731 (-6.81%) | $139,450,382 | - |
Average Equity | $192,148,000 (5.74%) | $181,715,750 (20.32%) | $151,030,500 (50.60%) | $100,286,000 |
Average Assets | $2,319,632,500 (11.43%) | $2,081,682,500 (30.42%) | $1,596,169,000 (36.64%) | $1,168,123,500 |
Invested Capital Average | $2,321,930,500 (9.51%) | $2,120,288,250 (36.22%) | $1,556,564,250 (32.35%) | $1,176,108,000 |
Shares | 7,152,601 (-0.44%) | 7,184,120 (-1.50%) | 7,293,430 (31.38%) | 5,551,290 |
