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

Historic Research & Development for Hanover Bancorp (HNVR) over the last 6 years, with Sep 2025 value amounting to $313,000.

  • Hanover Bancorp's Research & Development fell 42.78% to $313,000 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 6.70%. This contributed to the annual value of $2.1 million for FY2024, which is N/A change from last year.
  • According to the latest figures from Q3 2025, Hanover Bancorp's Research & Development is $313,000, which was down 38.39% from $508,000 recorded in Q2 2025.
  • Hanover Bancorp's Research & Development's 5-year high stood at $593,000 during Q1 2025, with a 5-year trough of $270,000 in Q1 2021.
  • Over the past 3 years, Hanover Bancorp's median Research & Development value was $518,000 (recorded in 2024), while the average stood at $506,636.
  • In the last 5 years, Hanover Bancorp's Research & Development surged by 98.58% in 2021 and then slumped by 42.78% in 2025.
  • Over the past 5 years, Hanover Bancorp's Research & Development (Quarterly) stood at $366,000 in 2021, then increased by 14.21% to $418,000 in 2022, then grew by 26.79% to $530,000 in 2023, then rose by 1.13% to $536,000 in 2024, then crashed by 42.78% to $313,000 in 2025.
  • Its last three reported values are $313,000 in Q3 2025, $508,000 for Q2 2025, and $593,000 during Q1 2025.