Hanover Bancorp (HNVR) Tax Provisions (2020 - 2026)
Hanover Bancorp (HNVR) posted Tax Provisions of $1.36 million for Q2 2026, up 44.1% from $940,000 a year earlier and up 23.6% from the prior quarter.
Hanover Bancorp (HNVR) Tax Provisions (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Provisions at Hanover Bancorp was $3.73 million, down 10.9% year-over-year; for FY2025, it came in at $2.47 million, down 38.9% from FY2024.
- Annual Tax Provisions shows a five-year compound annual growth rate of 14.7% (FY2020 to FY2025).
- In prior years, Hanover Bancorp's Tax Provisions was $4.03 million in FY2024 (+215.1%), $1.28 million in FY2023, $6.94 million in FY2022 (+116.8%) and $3.2 million in FY2021 (+158.1%).
- The Q2 2026 figure stands as the highest quarterly Tax Provisions since Q3 2024.
- The strongest year-over-year quarter for Tax Provisions in the past five years was Q3 2022, with growth of 993.1%; the weakest was Q3 2021, with a decline of 61.2%.
- According to Business Quant data, Tax Provisions for the three prior quarters was $1.1 million (Q1 2026), $103,000 (Q4 2025) and $1.18 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 6.36 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -51.13 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 2.49 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 1.70 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 1.24 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 1.17 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 1.94 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 1.40 Bn |
| 10 | Hanover Bancorp | 175.82 Mn | -536.34 Mn | - | 1.36 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2024 | 1.08 Mn |
| 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 |
| 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 |
Hanover Bancorp Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=HNVR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "HNVR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=HNVR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();