Hanover Bancorp (HNVR) Asset Utilization Ratio: 2021-2025

Historic Asset Utilization Ratio for Hanover Bancorp (HNVR) over the last 5 years, with Sep 2025 value amounting to 0.03.

  • Hanover Bancorp's Asset Utilization Ratio rose 44.42% to 0.03 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.03, marking a year-over-year increase of 44.42%. This contributed to the annual value of 0.00 for FY2024, which is N/A change from last year.
  • As of Q3 2025, Hanover Bancorp's Asset Utilization Ratio stood at 0.03, which was up 0.45% from 0.03 recorded in Q2 2025.
  • Hanover Bancorp's Asset Utilization Ratio's 5-year high stood at 0.05 during Q2 2022, with a 5-year trough of 0.02 in Q1 2024.
  • Over the past 3 years, Hanover Bancorp's median Asset Utilization Ratio value was 0.03 (recorded in 2023), while the average stood at 0.03.
  • Per our database at Business Quant, Hanover Bancorp's Asset Utilization Ratio skyrocketed by 57.92% in 2022 and then crashed by 41.51% in 2023.
  • Hanover Bancorp's Asset Utilization Ratio (Quarterly) stood at 0.04 in 2021, then dropped by 3.38% to 0.04 in 2022, then plummeted by 41.51% to 0.02 in 2023, then skyrocketed by 39.43% to 0.03 in 2024, then skyrocketed by 44.42% to 0.03 in 2025.
  • Its Asset Utilization Ratio stands at 0.03 for Q3 2025, versus 0.03 for Q2 2025 and 0.03 for Q1 2025.