Hanover Bancorp (HNVR) Provisions: 2020-2024
Historic Provisions for Hanover Bancorp (HNVR) over the last 5 years, with Dec 2024 value amounting to $4.9 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 $4.9 million as of FY2024, which was up 43.94% from $3.4 million recorded in FY2023.
- Hanover Bancorp's Provisions' 5-year high stood at $4.9 million during FY2024, with a 5-year trough of $1.0 million in FY2021.
- Its 3-year average for Provisions is $4.3 million, with a median of $4.5 million in 2022.
- Per our database at Business Quant, Hanover Bancorp's Provisions surged by 345.00% in 2022 and then decreased by 22.88% in 2023.
- Over the past 5 years, Hanover Bancorp's Provisions (Yearly) stood at $1.2 million in 2020, then decreased by 20.00% to $1.0 million in 2021, then skyrocketed by 345.00% to $4.5 million in 2022, then declined by 22.88% to $3.4 million in 2023, then reached $4.9 million in 2024.