Hanover Bancorp HNVR
NASDAQ HNVR
$27.26 +0.13 (+0.48%)
At close: Sep 9, 2026 · 4:00 PM EDT

Hanover Bancorp (HNVR) Tax Provisions (2020 - 2026)

Hanover Bancorp's (HNVR) quarterly Tax Provisions came in at $1.4 million in Q2 2026, up 44.15% on a YoY basis from $940000.0 in Q2 2025, and up 23.63% quarter-over-quarter from $1.1 million in Q1 2026.

Analysis

Hanover Bancorp (HNVR) Tax Provisions (2020 - 2026) Analysis & Trends

Hanover Bancorp (HNVR) has reported Tax Provisions for 7 consecutive years, with $1.4 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Provisions rose 44.15% year-over-year to $1.4 million; the trailing twelve-month figure through Jun 2026 stood at $3.7 million (down 10.93% YoY), and the FY2025 full-year result was $2.5 million, down 38.85% from the prior year.
  • Tax Provisions improved to $1.4 million in Q2 2026 per HNVR's latest filing, from $1.1 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $3.5 million in Q3 2023 and bottomed at $103000.0 in Q4 2025.
  • Historically, Tax Provisions has averaged $1.4 million across 5 years, with a median of $1.4 million in 2026.
  • The sharpest annual moves came in 2022 and 2025: Tax Provisions jumped 993.1% in 2022, then sank 81.87% in 2025.
  • Over 5 years, Tax Provisions stood at $1.6 million in 2022, then soared by 120.75% to $3.5 million in 2023, then slumped by 51.95% to $1.7 million in 2024, then sank by 93.8% to $103000.0 in 2025, then jumped by 1215.53% to $1.4 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $1.4 million, $1.1 million, and $103000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Banco Santander Chile 950.85 Bn 950.85 Bn - -51.13 Bn
2 Truist Financial 61.46 Bn 61.46 Bn - 262.00 Mn
3 Fifth Third Bancorp 49.43 Bn 25.71 Bn - 235.00 Mn
4 M&T Bank 34.72 Bn 34.72 Bn - 245.00 Mn
5 Huntington Bancshares 33.60 Bn 29.07 Bn - 165.00 Mn
6 Citizens Financial 29.31 Bn 29.31 Bn - 168.00 Mn
7 Regions Financial 25.53 Bn 25.53 Bn - 148.00 Mn
8 First Citizens Bancshares 24.60 Bn 24.07 Bn 29.00 Mn 219.00 Mn
9 Keycorp 23.26 Bn -24.44 Bn - 139.00 Mn
10 Hanover Bancorp 201.63 Mn 59.38 Mn - 1.36 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.36 Mn
Mar 31, 2026 1.10 Mn
Dec 31, 2025 103,000.00
Sep 30, 2025 1.18 Mn
Jun 30, 2025 940,000.00
Mar 31, 2025 244,000.00
Jun 30, 2024 1.66 Mn
Mar 31, 2024 1.35 Mn
Sep 30, 2023 3.46 Mn
Jun 30, 2023 2.29 Mn
Mar 31, 2023 972,000.00
Dec 31, 2022 1.57 Mn
Sep 30, 2022 1.71 Mn
Jun 30, 2022 1.59 Mn
Mar 31, 2022 1.70 Mn
Dec 31, 2021 1.94 Mn
Sep 30, 2021 2.14 Mn
Jun 30, 2021 145,000.00
Mar 31, 2021 514,000.00
Dec 31, 2020 404,000.00