Hanover Bancorp (HNVR) Research & Development (2020 - 2026)
Hanover Bancorp posted quarterly Research & Development of $422000.0 for Q1 2026, down 28.84% year-on-year from $593000.0 in Q1 2025, and up 24.48% on a QoQ basis from $339000.0 in Q4 2025.
Hanover Bancorp (HNVR) has 7 years of Research & Development data on file, last reported at $422000.0 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 28.84% year-over-year to $422000.0; the trailing twelve-month figure through Mar 2026 stood at $1.6 million (down 25.45% YoY), and the FY2025 full-year result was $1.8 million, down 16.36% from the prior year.
- Research & Development for Q1 2026 stood at $422000.0, up from $339000.0 in the prior quarter.
- Across five years, Research & Development topped out at $593000.0 in Q1 2025 and bottomed at $313000.0 in Q3 2025.
- The 5-year median for Research & Development is $441000.0 (2023), against an average of $454230.8.
- The widest annual swing landed in 2023, when Research & Development jumped 54.01%; it then fell 28.84% in 2026.
- A 5-year view of Research & Development shows it stood at $418000.0 in 2022, then grew by 23.44% to $516000.0 in 2023, then slipped by 4.07% to $495000.0 in 2024, then tumbled by 31.52% to $339000.0 in 2025, then rose by 24.48% to $422000.0 in 2026.
- The last three Research & Development figures came in at $422000.0 (Q1 2026), $339000.0 (Q4 2025), and $313000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 1.10 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 554,000.00 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | - |
| 10 | Hanover Bancorp | 173.88 Mn | -20.56 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 | 495,000.00 |
| Mar 31, 2024 | 518,000.00 |
| Sep 30, 2023 | 516,000.00 |
| Jun 30, 2023 | 576,000.00 |
| 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 |
| Mar 31, 2020 | 250,000.00 |