Hanover Bancorp (HNVR) Loans - Loss Allowance (2020 - 2026)
Hanover Bancorp's Loans - Loss Allowance was $19.92 million in Q3 2026, down 10.9% from $22.35 million a year earlier but up 4.1% from the prior quarter.
Hanover Bancorp (HNVR) Loans - Loss Allowance (2020 - 2026) Analysis & Trends
At the end of FY2025, Loans - Loss Allowance at Hanover Bancorp came in at $18.69 million, down 17.9% from FY2024.
- Loans - Loss Allowance shows a five-year compound annual growth rate of 18.9% (FY2020 to FY2025).
- In earlier years, Loans - Loss Allowance was $22.78 million in FY2024 (+15.9%), $19.66 million in FY2023, $12.84 million in FY2022 (+50.2%) and $8.55 million in FY2021 (+8.7%).
- Quarterly Loans - Loss Allowance has moved between $8.55 million (Q4 2021) and $23.64 million (Q3 2024) over five years.
- Compared with a year earlier, Loans - Loss Allowance has declined for four straight quarters, with an average decline of 8.1% over the last five quarters.
- The best year-over-year quarter for Loans - Loss Allowance over five years was Q3 2024 (growth of 53.8%); the worst was Q4 2025 (a decline of 17.9%).
- Per Business Quant data, HNVR's Loans - Loss Allowance in the three quarters before Q3 2026 was $19.14 million (Q2 2026), $19.15 million (Q1 2026) and $18.69 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 26.27 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 13.01 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | -5.30 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 13.82 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | -7.49 Bn |
| 10 | Hanover Bancorp | 151.56 Mn | -535.61 Mn | - | 19.92 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.92 Mn |
| 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 | 15.37 Mn |
| Mar 31, 2023 | 14.88 Mn |
| Dec 31, 2022 | 14.40 Mn |
| Sep 30, 2022 | 12.84 Mn |
| Jun 30, 2022 | 10.89 Mn |
| Mar 31, 2022 | 9.89 Mn |
| Dec 31, 2021 | 9.39 Mn |
Hanover Bancorp Loans - Loss Allowance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=HNVR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-loss-allowance", "ticker": "HNVR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=HNVR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();