Hanover Bancorp (HNVR) Debt to Equity: 2020-2024

Historic Debt to Equity for Hanover Bancorp (HNVR) over the last 5 years, with Dec 2024 value amounting to $0.67.

  • Hanover Bancorp's Debt to Equity fell 20.55% to $0.62 in Q3 2025 from the same period last year, while for Sep 2025 it was $0.62, marking a year-over-year decrease of 20.55%. This contributed to the annual value of $0.67 for FY2024, which is N/A change from last year.
  • As of FY2024, Hanover Bancorp's Debt to Equity stood at $0.67, which was down 38.74% from $1.10 recorded in FY2023.
  • Over the past 5 years, Hanover Bancorp's Debt to Equity peaked at $1.50 during FY2021, and registered a low of $0.67 during FY2024.
  • Over the past 3 years, Hanover Bancorp's median Debt to Equity value was $0.73 (recorded in 2022), while the average stood at $0.84.
  • Its Debt to Equity has fluctuated over the past 5 years, first tumbled by 51.30% in 2022, then skyrocketed by 50.27% in 2023.
  • Hanover Bancorp's Debt to Equity (Yearly) stood at $1.09 in 2020, then skyrocketed by 37.74% to $1.50 in 2021, then slumped by 51.30% to $0.73 in 2022, then soared by 50.27% to $1.10 in 2023, then reached $0.67 in 2024.