Hanover Bancorp (HNVR) Deferred Taxes (2020 - 2023)
Hanover Bancorp's (HNVR) quarterly Deferred Taxes came in at -$1.2 million in Q3 2023, down 42.31% on a QoQ basis from -$865000.0 in Q2 2023.
Hanover Bancorp (HNVR) Deferred Taxes (2020 - 2023) Analysis & Trends
Hanover Bancorp (HNVR) has 4 years of Deferred Taxes data on file, last reported at -$1.2 million in Q3 2023.
- Quarterly Deferred Taxes changed N/A year-over-year to -$1.2 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was -$2.5 million (changed N/A YoY) and the FY2025 annual result came in at -$2.0 million, down 236.87% from the prior year.
- Deferred Taxes retreated to -$1.2 million in Q3 2023, from -$865000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $428000.0 in Q3 2021 to a low of -$1.2 million in Q3 2023.
- A 4-year average of -$363916.7 and a median of -$446500.0 in 2022 frame the typical range for Deferred Taxes.
- The widest YoY moves for Deferred Taxes: up 185.09% in 2021, down 479.13% in 2021.
- Tracing HNVR's Deferred Taxes over 4 years: 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 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 254.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | Hanover Bancorp | 196.90 Mn | 54.65 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |