Balance Sheet
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Hanover Bancorp (HNVR) Deferred Taxes: 2020-2024

Historic Deferred Taxes for Hanover Bancorp (HNVR) over the last 5 years, with Dec 2024 value amounting to -$594,000.

  • Hanover Bancorp's Deferred Taxes fell 888.57% to -$276,000 in Q4 2023 from the same period last year, while for Dec 2023 it was -$2.8 million, marking a year-over-year decrease of 271.60%. This contributed to the annual value of -$594,000 for FY2024, which is N/A change from last year.
  • Hanover Bancorp's Deferred Taxes amounted to -$594,000 in FY2024, which was up 50.33% from -$1.2 million recorded in FY2023.
  • In the past 5 years, Hanover Bancorp's Deferred Taxes registered a high of -$202,000 during FY2020, and its lowest value of -$1.3 million during FY2022.
  • Its 3-year average for Deferred Taxes is -$1.0 million, with a median of -$1.2 million in 2023.
  • Per our database at Business Quant, Hanover Bancorp's Deferred Taxes tumbled by 261.10% in 2022 and then increased by 9.26% in 2023.
  • Over the past 5 years, Hanover Bancorp's Deferred Taxes (Yearly) stood at -$202,000 in 2020, then crashed by 80.69% to -$365,000 in 2021, then tumbled by 261.10% to -$1.3 million in 2022, then climbed by 9.26% to -$1.2 million in 2023, then reached -$594,000 in 2024.