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

Hanover Bancorp (HNVR) posted Deferred Taxes of -$1.2 million for 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's Deferred Taxes history runs 4 years deep, the most recent figure standing at -$1.2 million for 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 was -$1.2 million for Q3 2023 at Hanover Bancorp, down from -$865000.0 in the prior quarter.
  • Across five years, Deferred Taxes topped out at $428000.0 in Q3 2021 and bottomed at -$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.
  • Peak annual rise in Deferred Taxes reached 185.09% in 2021, while the deepest fall reached 479.13% in 2021.
  • Hanover Bancorp's Deferred Taxes stood at -$503000.0 in 2020, then retreated by 4.57% to -$526000.0 in 2021, then surged by 106.65% to $35000.0 in 2022, then sank by 3617.14% to -$1.2 million in 2023.
  • Business Quant data shows HNVR's Deferred Taxes at -$1.2 million in Q3 2023, -$865000.0 in Q2 2023, and -$441000.0 in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -424,226.09
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 17.42 Mn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 346,782.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 671,000.00
8 Landmark Bancorp 187.97 Bn 187.94 Bn - -162,000.00
9 Pnc Financial Services 100.96 Bn 101.01 Bn - -102.00 Mn
10 Hanover Bancorp 184.29 Mn -11.17 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