Hanover Bancorp (HNVR) Provisions (2020 - 2026)

Hanover Bancorp (HNVR) has reported Provisions for 7 consecutive years, with $500000.0 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Provisions fell 78.79% year-over-year to $500000.0; the trailing twelve-month figure through Jun 2026 stood at $8.3 million (up 14.16% YoY), and the FY2025 full-year result was $10.4 million, up 110.16% from the prior year.
• Provisions eased to $500000.0 in Q2 2026 per HNVR's latest filing, from $530000.0 in the prior quarter.
• Across five years, Provisions topped out at $5.9 million in Q4 2025 and bottomed at $300000.0 in Q1 2024.
• Historically, Provisions has averaged $1.7 million across 5 years, with a median of $1.4 million in 2025.
• The sharpest annual moves came in 2022 and 2026: Provisions soared 192.86% in 2022, then tumbled 78.79% in 2026.
• Over 5 years, Provisions stood at $1.5 million in 2022, then grew by 28.8% to $1.9 million in 2023, then surged by 109.11% to $4.0 million in 2024, then jumped by 46.66% to $5.9 million in 2025, then slumped by 91.56% to $500000.0 in 2026.
• According to Business Quant data, Provisions over the past three periods registered $500000.0, $530000.0, and $5.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.