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

Hanover Bancorp (HNVR) posted Tax Provisions of $1.1 million for Q1 2026, up 964.08% on a QoQ basis from $103000.0 in Q4 2025, and up 349.18% year-over-year from $244000.0 in Q1 2025.

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

Hanover Bancorp's Tax Provisions history runs 7 years deep, the most recent figure standing at $1.1 million for Q1 2026.

  • Quarterly Tax Provisions rose 349.18% year-over-year to $1.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.3 million (down 50.54% YoY) and the FY2025 annual result came in at $2.5 million, down 38.85% from the prior year.
  • Tax Provisions was $1.1 million for Q1 2026 at Hanover Bancorp, up from $103000.0 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.
  • A 5-year average of $1.4 million and a median of $1.3 million in 2024 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2022 — Tax Provisions soared 993.1% — and 2025, when it tumbled 81.87%.
  • Hanover Bancorp's 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 964.08% to $1.1 million in 2026.
  • Business Quant data shows HNVR's Tax Provisions at $1.1 million in Q1 2026, $103000.0 in Q4 2025, and $1.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 422,877.20
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 385.94 Mn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -78,154.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -709.14 Mn
5 Mizuho Financial 385.64 Bn 389.59 Bn - 75.02 Mn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -633.64 Mn
7 First Capital 200.03 Bn 199.69 Bn - 1.03 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 1.25 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 415.00 Mn
10 Hanover Bancorp 184.29 Mn -11.17 Mn - 1.10 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2022 1.59 Mn
Mar 31, 2022 1.70 Mn
Dec 31, 2021 1.94 Mn
Sep 30, 2021 1.77 Mn
Jun 30, 2021 145,000.00
Mar 31, 2021 514,000.00
Dec 31, 2020 404,000.00
Sep 30, 2020 -914,000.00
Jun 30, 2020 374,000.00