Hanover Bancorp (HNVR) Tax Provisions (2020 - 2026)
Hanover Bancorp posted quarterly Tax Provisions of $1.1 million for Q1 2026, up 349.18% year-on-year from $244000.0 in Q1 2025, and up 168.37% on a QoQ basis from -$1.6 million in Q4 2025.
Hanover Bancorp (HNVR) has 7 years of Tax Provisions data on file, last reported 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.
- Across five years, Tax Provisions topped out at $1.7 million in Q1 2022 and bottomed at -$1.6 million in Q4 2025.
- The 5-year median for Tax Provisions is $1.2 million (2023), against an average of $909538.5.
- The widest annual swing landed in 2022, when Tax Provisions soared 993.1%; it then slumped 81.87% in 2025.
- A 5-year view of Tax Provisions shows it stood at $1.6 million in 2022, then dropped by 25.54% to $1.2 million in 2023, then sank by 72.98% to $315000.0 in 2024, then tumbled by 608.89% to -$1.6 million in 2025, then soared 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 | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 1.03 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 1.25 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 736.40 Mn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 428,992.73 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 415.00 Mn |
| 10 | Hanover Bancorp | 173.88 Mn | -20.56 Mn | - | 1.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2020 | 75,000.00 |