Hanover Bancorp (HNVR) Loans - Loss Allowance (2020 - 2026)
Hanover Bancorp's (HNVR) quarterly Loans - Loss Allowance came in at $19.1 million in Q1 2026, down 16.47% YoY from $22.9 million in Q1 2025, and up 2.43% on a QoQ basis from $18.7 million in Q4 2025.
Hanover Bancorp (HNVR) Loans - Loss Allowance (2020 - 2026) Analysis & Trends
Hanover Bancorp (HNVR) has 7 years of Loans - Loss Allowance data on file, last reported at $19.1 million in Q1 2026.
- Quarterly Loans - Loss Allowance fell 16.47% year-over-year to $19.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $19.1 million (down 16.47% YoY) and the FY2025 annual result came in at $18.7 million, down 17.93% from the prior year.
- Loans - Loss Allowance rose to $19.1 million in Q1 2026, from $18.7 million in the prior quarter.
- In the past five years, Loans - Loss Allowance ranged from a high of $23.6 million in Q2 2024 to a low of $170000.0 in Q4 2022.
- A 5-year average of $15.5 million and a median of $19.1 million in 2026 frame the typical range for Loans - Loss Allowance.
- Annual changes were most pronounced in 2023 — Loans - Loss Allowance sank 98.44% — and 2024, when it jumped 13808.24%.
- Tracing HNVR's Loans - Loss Allowance over 5 years: stood at $170000.0 in 2022, then soared by 11463.53% to $19.7 million in 2023, then rose by 15.88% to $22.8 million in 2024, then retreated by 17.93% to $18.7 million in 2025, then advanced by 2.43% to $19.1 million in 2026.
- The last three Loans - Loss Allowance figures came in at $19.1 million (Q1 2026), $18.7 million (Q4 2025), and $22.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.65 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 7.65 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 | - | 4.98 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.92 Bn |
| 10 | Hanover Bancorp | 196.90 Mn | 54.65 Mn | - | 19.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.14 Mn |
| Mar 31, 2026 | 19.15 Mn |
| Dec 31, 2025 | 18.69 Mn |
| Sep 30, 2025 | 22.35 Mn |
| Jun 30, 2025 | 21.57 Mn |
| Mar 31, 2025 | 22.93 Mn |
| Dec 31, 2024 | 22.78 Mn |
| Sep 30, 2024 | 23.41 Mn |
| Jun 30, 2024 | 23.64 Mn |
| Mar 31, 2024 | 19.87 Mn |
| Dec 31, 2023 | 19.66 Mn |
| Sep 30, 2023 | 14.69 Mn |
| Jun 30, 2023 | 170,000.00 |
| Mar 31, 2023 | 170,000.00 |
| Dec 31, 2022 | 170,000.00 |
| Sep 30, 2022 | 12.84 Mn |
| Jun 30, 2022 | 10.89 Mn |
| Mar 31, 2022 | 9.89 Mn |
| Dec 31, 2021 | 9.39 Mn |
| Sep 30, 2021 | 8.55 Mn |