Hanover Bancorp (HNVR) Debt to Equity (2020 - 2026)

Hanover Bancorp has reported Debt to Equity for 7 years, with the latest figure at $0.59 in Q1 2026.

• For the quarter ending Q1 2026, Debt to Equity fell 12.48% year-over-year to $0.59; the trailing twelve-month figure through Mar 2026 stood at $0.59 (down 12.48% YoY), and the FY2025 full-year result was $0.63, down 7.02% from the prior year.
• Debt to Equity for Q1 2026 stood at $0.59, down from $0.63 in the prior quarter.
• The five-year high for Debt to Equity was $1.74 in Q2 2023, with the low at $0.49 in Q2 2022.
• Historically, Debt to Equity has averaged $0.85 across 5 years, with a median of $0.74 in 2022.
• Annual changes were most pronounced in 2022 — Debt to Equity sank 77.83% — and 2023, when it jumped 257.72%.
• Hanover Bancorp's Debt to Equity stood at $1.48 in 2022, then sank by 43.85% to $0.83 in 2023, then fell by 18.91% to $0.67 in 2024, then slipped by 7.02% to $0.63 in 2025, then decreased by 5.87% to $0.59 in 2026.
• The last three Debt to Equity figures came in at $0.59 (Q1 2026), $0.63 (Q4 2025), and $0.62 (Q3 2025), per Business Quant data.