Hanover Bancorp (HNVR) Provisions: 2020-2025

Historic Provisions for Hanover Bancorp (HNVR) over the last 6 years, with Sep 2025 value amounting to $1.4 million.

  • Hanover Bancorp's Provisions rose 587.50% to $1.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $4.7 million, marking a year-over-year decrease of 0.17%. This contributed to the annual value of $4.9 million for FY2024, which is N/A change from last year.
  • Latest data reveals that Hanover Bancorp reported Provisions of $1.4 million as of Q3 2025, which was down 41.66% from $2.4 million recorded in Q2 2025.
  • In the past 5 years, Hanover Bancorp's Provisions ranged from a high of $4.0 million in Q2 2024 and a low of $200,000 during Q1 2021.
  • Its 3-year average for Provisions is $1.0 million, with a median of $500,000 in 2023.
  • Its Provisions has fluctuated over the past 5 years, first spiked by 800.00% in 2021, then slumped by 86.67% in 2023.
  • Quarterly analysis of 5 years shows Hanover Bancorp's Provisions stood at $900,000 in 2021, then surged by 66.67% to $1.5 million in 2022, then tumbled by 86.67% to $200,000 in 2023, then spiked by 100.00% to $400,000 in 2024, then surged by 587.50% to $1.4 million in 2025.
  • Its last three reported values are $1.4 million in Q3 2025, $2.4 million for Q2 2025, and $600,000 during Q1 2025.