Hanover Bancorp (HNVR) Debt Ratio (2020 - 2026)

Hanover Bancorp has reported Debt Ratio for 7 years, with the latest figure at 0.05 in Q1 2026.

• For the quarter ending Q1 2026, Debt Ratio fell 13.35% year-over-year to 0.05; the trailing twelve-month figure through Mar 2026 stood at 0.05 (down 13.35% YoY), and the FY2025 full-year result was 0.05, down 8.12% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.05, down from 0.05 in the prior quarter.
• The five-year high for Debt Ratio was 0.15 in Q2 2023, with the low at 0.05 in Q1 2026.
• Historically, Debt Ratio has averaged 0.07 across 5 years, with a median of 0.07 in 2023.
• Annual changes were most pronounced in 2022 — Debt Ratio slumped 69.16% — and 2023, when it soared 196.39%.
• Hanover Bancorp's Debt Ratio stood at 0.13 in 2022, then slumped by 48.94% to 0.07 in 2023, then fell by 15.3% to 0.06 in 2024, then dropped by 8.12% to 0.05 in 2025, then retreated by 4.83% to 0.05 in 2026.
• The last three Debt Ratio figures came in at 0.05 (Q1 2026), 0.05 (Q4 2025), and 0.05 (Q3 2025), per Business Quant data.