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

Hanover Bancorp (HNVR) reported Tax Provisions of $1.1 million for Q1 2026, up 349.18% on a YoY basis from $244000.0 in Q1 2025, and up 168.37% quarter-over-quarter from -$1.6 million in Q4 2025.

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

Hanover Bancorp has reported Tax Provisions for 7 years, with the latest figure at $1.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions rose 349.18% year-over-year to $1.1 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 million (down 47.51% YoY), and the FY2025 full-year result was $760000.0, down 77.9% from the prior year.
  • Tax Provisions for Q1 2026 stood at $1.1 million, up from -$1.6 million in the prior quarter.
  • The five-year high for Tax Provisions was $1.7 million in Q1 2022, with the low at -$1.6 million in Q4 2025.
  • Historically, Tax Provisions has averaged $909538.5 across 5 years, with a median of $1.2 million in 2023.
  • Annual changes were most pronounced in 2022 — Tax Provisions soared 993.1% — and 2025, when it plunged 81.87%.
  • Hanover Bancorp's Tax Provisions stood at $1.6 million in 2022, then slipped by 25.54% to $1.2 million in 2023, then slumped by 72.98% to $315000.0 in 2024, then plunged by 608.89% to -$1.6 million in 2025, then surged by 168.37% to $1.1 million in 2026.
  • The last three Tax Provisions figures came in at $1.1 million (Q1 2026), -$1.6 million (Q4 2025), and $1.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -78,154.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -633.64 Mn
4 First Capital 215.78 Bn 215.63 Bn - 1.03 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 1.25 Mn
7 NatWest 168.65 Bn -51.67 Bn - -709.14 Mn
8 Shinhan Financial 136.54 Bn 104.11 Bn - 391.52 Mn
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Hanover Bancorp 178.34 Mn -16.10 Mn - 1.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.10 Mn
Dec 31, 2025 -1.60 Mn
Sep 30, 2025 1.18 Mn
Jun 30, 2025 940,000.00
Mar 31, 2025 244,000.00
Jun 30, 2024 315,000.00
Mar 31, 2024 1.35 Mn
Sep 30, 2023 1.17 Mn
Jun 30, 2023 1.32 Mn
Mar 31, 2023 972,000.00
Dec 31, 2022 1.57 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
Sep 30, 2020 462,000.00
Jun 30, 2020 374,000.00