Hanover Bancorp (HNVR) Provisions (2020 - 2026)
Hanover Bancorp's (HNVR) quarterly Provisions came in at $530000.0 in Q1 2026, down 11.67% YoY from $600000.0 in Q1 2025, and down 91.31% on a QoQ basis from $6.1 million in Q4 2025.
Hanover Bancorp (HNVR) Provisions (2020 - 2026) Analysis & Trends
Hanover Bancorp (HNVR) has 7 years of Provisions data on file, last reported at $530000.0 in Q1 2026.
- Quarterly Provisions fell 11.67% year-over-year to $530000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.4 million (up 50.79% YoY) and the FY2025 annual result came in at $10.4 million, up 110.16% from the prior year.
- Provisions eased to $530000.0 in Q1 2026, from $6.1 million in the prior quarter.
- In the past five years, Provisions ranged from a high of $6.1 million in Q4 2025 to a low of $300000.0 in Q1 2024.
- A 5-year average of $1.7 million and a median of $1.4 million in 2025 frame the typical range for Provisions.
- Annual changes were most pronounced in 2022 — Provisions soared 24900.0% — and 2024, when it tumbled 67.81%.
- Tracing HNVR's Provisions over 5 years: stood at $1.5 million in 2022, then advanced by 28.8% to $1.9 million in 2023, then soared by 109.11% to $4.0 million in 2024, then surged by 50.99% to $6.1 million in 2025, then plunged by 91.31% to $530000.0 in 2026.
- The last three Provisions figures came in at $530000.0 (Q1 2026), $6.1 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 213.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 538.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 395.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 131.00 Mn |
| 10 | Hanover Bancorp | 196.32 Mn | 54.07 Mn | - | 500,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 500,000.00 |
| Mar 31, 2026 | 530,000.00 |
| Dec 31, 2025 | 6.10 Mn |
| Sep 30, 2025 | 1.38 Mn |
| Jun 30, 2025 | 2.36 Mn |
| Mar 31, 2025 | 600,000.00 |
| Jun 30, 2024 | 4.04 Mn |
| Mar 31, 2024 | 300,000.00 |
| Sep 30, 2023 | 1.93 Mn |
| Jun 30, 2023 | 1.43 Mn |
| 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 | 4,000.00 |
| Mar 31, 2021 | 200,000.00 |
| Dec 31, 2020 | 100,000.00 |
| Sep 30, 2020 | 100,000.00 |