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

Hanover Bancorp has reported Tax Rate for 7 years, with the latest figure 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.
• The five-year high for Tax Rate was 36.9% in Q1 2026, with the low at 1178.68% in Q4 2025.
• Historically, Tax Rate has averaged 67.44% across 5 years, with a median of 24.87% in 2023.
• Annual changes were most pronounced in 2022 — Tax Rate plunged 1671 bps — and 2026, when it soared 2308 bps.
• Hanover Bancorp's Tax Rate stood at 22.68% in 2022, then gained by 10 bps to 24.87% in 2023, then rose by 9 bps to 27.18% in 2024, then plunged by 4437 bps to 1178.68% in 2025, then jumped 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.