Hanover Bancorp (HNVR) Tax Rate: 2020-2025
Historic Tax Rate for Hanover Bancorp (HNVR) over the last 6 years, with Sep 2025 value amounting to 25.25%.
- Hanover Bancorp's Tax Rate rose 188.00% to 25.25% in Q3 2025 from the same period last year, while for Sep 2025 it was 24.35%, marking a year-over-year decrease of 42.00%. This contributed to the annual value of 24.62% for FY2024, which is N/A change from last year.
- As of Q3 2025, Hanover Bancorp's Tax Rate stood at 25.25%, which was down 9.14% from 27.79% recorded in Q2 2025.
- Hanover Bancorp's 5-year Tax Rate high stood at 39.62% for Q2 2021, and its period low was 13.82% during Q1 2025.
- In the last 3 years, Hanover Bancorp's Tax Rate had a median value of 24.89% in 2024 and averaged 24.60%.
- Per our database at Business Quant, Hanover Bancorp's Tax Rate surged by 1,864bps in 2021 and then plummeted by 1,671bps in 2022.
- Quarterly analysis of 5 years shows Hanover Bancorp's Tax Rate stood at 22.91% in 2021, then declined by 23bps to 22.68% in 2022, then surged by 270bps to 25.38% in 2023, then crashed by 49bps to 24.89% in 2024, then soared by 188bps to 25.25% in 2025.
- Its Tax Rate stands at 25.25% for Q3 2025, versus 27.79% for Q2 2025 and 13.82% for Q1 2025.