Hanover Bancorp (HNVR) Loans - Loss Allowance: 2020-2025
Historic Loans - Loss Allowance for Hanover Bancorp (HNVR) over the last 5 years, with Sep 2025 value amounting to $22.4 million.
- Hanover Bancorp's Loans - Loss Allowance fell 4.49% to $22.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $22.4 million, marking a year-over-year decrease of 4.49%. This contributed to the annual value of $22.8 million for FY2024, which is N/A change from last year.
- Latest data reveals that Hanover Bancorp reported Loans - Loss Allowance of $22.4 million as of Q3 2025, which was up 3.63% from $21.6 million recorded in Q2 2025.
- Hanover Bancorp's Loans - Loss Allowance's 5-year high stood at $23.6 million during Q2 2024, with a 5-year trough of $7.9 million in Q2 2021.
- Its 3-year average for Loans - Loss Allowance is $20.1 million, with a median of $21.6 million in 2025.
- Its Loans - Loss Allowance has fluctuated over the past 5 years, first skyrocketed by 59.38% in 2024, then dropped by 8.77% in 2025.
- Hanover Bancorp's Loans - Loss Allowance (Quarterly) stood at $9.4 million in 2021, then skyrocketed by 53.46% to $14.4 million in 2022, then skyrocketed by 36.48% to $19.7 million in 2023, then rose by 15.88% to $22.8 million in 2024, then decreased by 4.49% to $22.4 million in 2025.
- Its Loans - Loss Allowance was $22.4 million in Q3 2025, compared to $21.6 million in Q2 2025 and $22.9 million in Q1 2025.