Hanover Bancorp (HNVR) Provisions (2020 - 2026)
Hanover Bancorp (HNVR) reported Provisions of $500000.0 for Q1 2026, down 16.67% on a YoY basis from $600000.0 in Q1 2025, and down 91.36% quarter-over-quarter from $5.8 million in Q4 2025.
Hanover Bancorp (HNVR) Provisions (2020 - 2026) Analysis & Trends
Hanover Bancorp has reported Provisions for 7 years, with the latest figure at $500000.0 in Q1 2026.
- For the quarter ending Q1 2026, Provisions fell 16.67% year-over-year to $500000.0; the trailing twelve-month figure through Mar 2026 stood at $10.0 million (up 89.9% YoY), and the FY2025 full-year result was $10.1 million, up 112.0% from the prior year.
- Provisions for Q1 2026 stood at $500000.0, down from $5.8 million in the prior quarter.
- The five-year high for Provisions was $5.8 million in Q4 2025, with the low at $300000.0 in Q1 2024.
- Historically, Provisions has averaged $1.5 million across 5 years, with a median of $932000.0 in 2023.
- Annual changes were most pronounced in 2022 — Provisions surged 4447.83% — and 2024, when it tumbled 67.81%.
- Hanover Bancorp's Provisions stood at $1.5 million in 2022, then slumped by 66.67% to $500000.0 in 2023, then surged by 670.0% to $3.8 million in 2024, then jumped by 50.34% to $5.8 million in 2025, then tumbled by 91.36% to $500000.0 in 2026.
- The last three Provisions figures came in at $500000.0 (Q1 2026), $5.8 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 350,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 500,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Hanover Bancorp | 178.34 Mn | -16.10 Mn | - | 500,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 500,000.00 |
| Dec 31, 2025 | 5.79 Mn |
| Sep 30, 2025 | 1.33 Mn |
| Jun 30, 2025 | 2.36 Mn |
| Mar 31, 2025 | 600,000.00 |
| Jun 30, 2024 | 3.85 Mn |
| Mar 31, 2024 | 300,000.00 |
| Sep 30, 2023 | 500,000.00 |
| Jun 30, 2023 | 500,000.00 |
| Mar 31, 2023 | 932,000.00 |
| Dec 31, 2022 | 1.50 Mn |
| Jun 30, 2022 | 1.00 Mn |
| Mar 31, 2022 | 500,000.00 |
| Dec 31, 2021 | 900,000.00 |
| Sep 30, 2021 | 700,000.00 |
| Jun 30, 2021 | -23,000.00 |
| Mar 31, 2021 | 200,000.00 |
| Dec 31, 2020 | 100,000.00 |
| Sep 30, 2020 | 100,000.00 |
| Jun 30, 2020 | 150,000.00 |