Hanover Bancorp (HNVR) Research & Development (2020 - 2026)
Hanover Bancorp (HNVR) posted Research & Development of $422000.0 for Q1 2026, up 24.48% on a QoQ basis from $339000.0 in Q4 2025, and down 28.84% year-over-year from $593000.0 in Q1 2025.
Hanover Bancorp (HNVR) Research & Development (2020 - 2026) Analysis & Trends
Hanover Bancorp's Research & Development history runs 7 years deep, the most recent figure standing at $422000.0 for Q1 2026.
- Quarterly Research & Development fell 28.84% year-over-year to $422000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 million (down 56.74% YoY) and the FY2025 annual result came in at $1.8 million, down 16.36% from the prior year.
- Research & Development was $422000.0 for Q1 2026 at Hanover Bancorp, up from $339000.0 in the prior quarter.
- Across five years, Research & Development topped out at $1.5 million in Q3 2023 and bottomed at $313000.0 in Q3 2025.
- A 5-year average of $606230.8 and a median of $441000.0 in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development soared 171.93% — and 2025, when it tumbled 49.85%.
- Hanover Bancorp's Research & Development stood at $418000.0 in 2022, then soared by 266.75% to $1.5 million in 2023, then plunged by 33.92% to $1.0 million in 2024, then sank by 66.54% to $339000.0 in 2025, then gained by 24.48% to $422000.0 in 2026.
- Business Quant data shows HNVR's Research & Development at $422000.0 in Q1 2026, $339000.0 in Q4 2025, and $313000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.10 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 554,000.00 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | Hanover Bancorp | 184.29 Mn | -11.17 Mn | - | 422,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 422,000.00 |
| Dec 31, 2025 | 339,000.00 |
| Sep 30, 2025 | 313,000.00 |
| Jun 30, 2025 | 508,000.00 |
| Mar 31, 2025 | 593,000.00 |
| Jun 30, 2024 | 1.01 Mn |
| Mar 31, 2024 | 518,000.00 |
| Sep 30, 2023 | 1.53 Mn |
| Jun 30, 2023 | 1.02 Mn |
| Mar 31, 2023 | 441,000.00 |
| Dec 31, 2022 | 418,000.00 |
| Jun 30, 2022 | 374,000.00 |
| Mar 31, 2022 | 392,000.00 |
| Dec 31, 2021 | 366,000.00 |
| Sep 30, 2021 | 346,000.00 |
| Jun 30, 2021 | 419,000.00 |
| Mar 31, 2021 | 270,000.00 |
| Dec 31, 2020 | 245,000.00 |
| Sep 30, 2020 | 234,000.00 |
| Jun 30, 2020 | 211,000.00 |