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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalMarket CapitalizationNet MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Hanover Bancorp (HNVR) Return on Equity: 2021-2024

Historic Return on Equity for Hanover Bancorp (HNVR) over the last 4 years, with Dec 2024 value amounting to 0.06%.

  • Hanover Bancorp's Return on Equity fell 1.00% to 0.06% in Q3 2025 from the same period last year, while for Sep 2025 it was 0.06%, marking a year-over-year decrease of 1.00%. This contributed to the annual value of 0.06% for FY2024, which is N/A change from last year.
  • According to the latest figures from FY2024, Hanover Bancorp's Return on Equity is 0.06%, which was down 23.70% from 0.08% recorded in FY2023.
  • Hanover Bancorp's Return on Equity's 5-year high stood at 0.16% during FY2022, with a 5-year trough of 0.06% in FY2024.
  • Over the past 3 years, Hanover Bancorp's median Return on Equity value was 0.08% (recorded in 2023), while the average stood at 0.10%.
  • Per our database at Business Quant, Hanover Bancorp's Return on Equity increased by 5bps in 2022 and then declined by 8bps in 2023.
  • Yearly analysis of 4 years shows Hanover Bancorp's Return on Equity stood at 0.11% in 2021, then climbed by 5bps to 0.16% in 2022, then decreased by 8bps to 0.08% in 2023, then reached 0.06% in 2024.