Hanover Bancorp (HNVR) Net Margin (2020 - 2026)
Hanover Bancorp's (HNVR) quarterly Net Margin came in at 20.3% in Q2 2026, up 734.0% on a YoY basis from 2.43% in Q2 2025, and up 112.57% quarter-over-quarter from 9.55% in Q1 2026.
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Hanover Bancorp (HNVR) Net Margin (2020 - 2026) Analysis & Trends
Hanover Bancorp (HNVR) has reported Net Margin for 7 consecutive years, with 20.3% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 734.0% year-over-year to 20.3%; the trailing twelve-month figure through Jun 2026 stood at 12.28% (down 219.0% YoY), and the FY2025 full-year result was 972.53%, down 157800.0% from the prior year.
- Net Margin advanced to 20.3% in Q2 2026 per HNVR's latest filing, from 9.55% in the prior quarter.
- Across five years, Net Margin topped out at 32.09% in Q1 2022 and bottomed at 0.22% in Q4 2025.
- Historically, Net Margin has averaged 19.4% across 5 years, with a median of 19.55% in 2023.
- The sharpest annual moves came in 2022 and 2025: Net Margin jumped 2851 bps in 2022, then plunged 1573 bps in 2025.
- Over 5 years, Net Margin stood at 30.76% in 2022, then plunged by 34 bps to 20.3% in 2023, then fell by 30 bps to 14.23% in 2024, then slumped by 98 bps to 0.22% in 2025, then jumped by 9109 bps to 20.3% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 20.3%, 9.55%, and 0.22% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 28.85% |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 23.30% |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 30.85% |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 24.18% |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 24.27% |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 28.79% |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 864.86% |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 24.18% |
| 10 | Hanover Bancorp | 201.63 Mn | 59.38 Mn | - | 20.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.30% |
| Mar 31, 2026 | 9.55% |
| Dec 31, 2025 | 0.22% |
| Sep 30, 2025 | 18.90% |
| Jun 30, 2025 | 12.96% |
| Mar 31, 2025 | 8.04% |
| Jun 30, 2024 | 14.23% |
| Mar 31, 2024 | 23.77% |
| Sep 30, 2023 | 20.30% |
| Jun 30, 2023 | 19.46% |
| Mar 31, 2023 | 19.55% |
| Dec 31, 2022 | 30.76% |
| Sep 30, 2022 | 30.36% |
| Jun 30, 2022 | 30.48% |
| Mar 31, 2022 | 32.09% |
| Dec 31, 2021 | 36.56% |
| Sep 30, 2021 | 39.75% |
| Jun 30, 2021 | 1.97% |
| Mar 31, 2021 | 24.19% |
| Dec 31, 2020 | 19.50% |