Hanover Bancorp (HNVR) Research & Development (2020 - 2025)

Historic Research & Development for Hanover Bancorp (HNVR) over the last 6 years, with Q3 2025 value amounting to $313000.0.

  • Hanover Bancorp's Research & Development fell 4277.88% to $313000.0 in Q3 2025 from the same period last year, while for Sep 2025 it was $1.9 million, marking a year-over-year decrease of 2530.12%. This contributed to the annual value of $2.1 million for FY2024, which is N/A changed from last year.
  • As of Q3 2025, Hanover Bancorp's Research & Development stood at $313000.0, which was down 4277.88% from $508000.0 recorded in Q2 2025.
  • In the past 5 years, Hanover Bancorp's Research & Development registered a high of $593000.0 during Q1 2025, and its lowest value of $270000.0 during Q1 2021.
  • Over the past 5 years, Hanover Bancorp's median Research & Development value was $495000.0 (recorded in 2024), while the average stood at $455473.7.
  • In the last 5 years, Hanover Bancorp's Research & Development surged by 9857.82% in 2021 and then tumbled by 4277.88% in 2025.
  • Quarter analysis of 5 years shows Hanover Bancorp's Research & Development stood at $366000.0 in 2021, then rose by 14.21% to $418000.0 in 2022, then rose by 26.79% to $530000.0 in 2023, then grew by 1.13% to $536000.0 in 2024, then plummeted by 41.6% to $313000.0 in 2025.
  • Its Research & Development was $313000.0 in Q3 2025, compared to $508000.0 in Q2 2025 and $593000.0 in Q1 2025.