Hanover Bancorp (HNVR) Loans - Loss Allowance (2020 - 2026)

Hanover Bancorp has reported Loans - Loss Allowance for 7 years, with the latest figure at $19.1 million in Q1 2026.

• For the quarter ending Q1 2026, Loans - Loss Allowance fell 16.47% year-over-year to $19.1 million; the trailing twelve-month figure through Mar 2026 stood at $19.1 million (down 16.47% YoY), and the FY2025 full-year result was $18.7 million, down 17.93% from the prior year.
• Loans - Loss Allowance for Q1 2026 stood at $19.1 million, up from $18.7 million in the prior quarter.
• The five-year high for Loans - Loss Allowance was $23.6 million in Q2 2024, with the low at $170000.0 in Q4 2022.
• Historically, Loans - Loss Allowance has averaged $15.5 million across 5 years, with a median of $19.1 million in 2026.
• Annual changes were most pronounced in 2023 — Loans - Loss Allowance sank 98.44% — and 2024, when it jumped 13808.24%.
• Hanover Bancorp's Loans - Loss Allowance 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.