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

Hanover Bancorp (HNVR) has 7 years of Tax Rate data on file, last reported at 36.9% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 2308.0% year-over-year to 36.9%; the trailing twelve-month figure through Mar 2026 stood at 14.45% (down 914.0% YoY), and the FY2025 full-year result was 7.64%, down 1336.0% from the prior year.
• Tax Rate for Q1 2026 stood at 36.9%, up from 1178.68% in the prior quarter.
• Across five years, Tax Rate topped out at 36.9% in Q1 2026 and bottomed at 1178.68% in Q4 2025.
• The 5-year median for Tax Rate is 24.87% (2023), against an average of 67.44%.
• The widest annual swing landed in 2022, when Tax Rate slumped 1671 bps; it then soared 2308 bps in 2026.
• A 5-year view of Tax Rate shows it stood at 22.68% in 2022, then advanced by 10 bps to 24.87% in 2023, then gained by 9 bps to 27.18% in 2024, then tumbled by 4437 bps to 1178.68% in 2025, then surged by 103 bps to 36.9% in 2026.
• The last three Tax Rate figures came in at 36.9% (Q1 2026), 1178.68% (Q4 2025), and 25.25% (Q3 2025), per Business Quant data.

Peer Comparison