Hanover Bancorp (HNVR) Deferred Taxes (2020 - 2023)

Hanover Bancorp (HNVR) reported Deferred Taxes of -$1.2 million for Q3 2023, down 42.31% quarter-over-quarter from -$865000.0 in Q2 2023.

Hanover Bancorp (HNVR) Deferred Taxes (2020 - 2023) Analysis & Trends

Hanover Bancorp has reported Deferred Taxes for 4 years, with the latest figure at -$1.2 million in Q3 2023.

  • For the quarter ending Q3 2023, Deferred Taxes changed N/A year-over-year to -$1.2 million; the trailing twelve-month figure through Sep 2023 stood at -$2.5 million (changed N/A YoY), and the FY2025 full-year result was -$2.0 million, down 236.87% from the prior year.
  • Deferred Taxes for Q3 2023 stood at -$1.2 million, down from -$865000.0 in the prior quarter.
  • The five-year high for Deferred Taxes was $428000.0 in Q3 2021, with the low at -$1.2 million in Q3 2023.
  • Historically, Deferred Taxes has averaged -$363916.7 across 4 years, with a median of -$446500.0 in 2022.
  • The largest YoY upside for Deferred Taxes was 185.09% in 2021 against a maximum downside of 479.13% in 2021.
  • Hanover Bancorp's Deferred Taxes stood at -$503000.0 in 2020, then declined by 4.57% to -$526000.0 in 2021, then soared by 106.65% to $35000.0 in 2022, then tumbled by 3617.14% to -$1.2 million in 2023.
  • The last three Deferred Taxes figures came in at -$1.2 million (Q3 2023), -$865000.0 (Q2 2023), and -$441000.0 (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - 3,357.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 671,000.00
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - -162,000.00
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - -1.07 Mn
10 Hanover Bancorp 178.34 Mn -16.10 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2023 -1.23 Mn
Jun 30, 2023 -865,000.00
Mar 31, 2023 -441,000.00
Dec 31, 2022 35,000.00
Jun 30, 2022 -273,000.00
Mar 31, 2022 -452,000.00
Dec 31, 2021 -526,000.00
Sep 30, 2021 428,000.00
Jun 30, 2021 -963,000.00
Mar 31, 2021 170,000.00
Sep 30, 2020 -503,000.00
Jun 30, 2020 254,000.00