Hanover Bancorp (HNVR) Tax Rate (2020 - 2025)

Historic Tax Rate for Hanover Bancorp (HNVR) over the last 6 years, with Q3 2025 value amounting to 25.25%.

  • Hanover Bancorp's Tax Rate rose 18800.0% to 25.25% in Q3 2025 from the same period last year, while for Sep 2025 it was 22.0%, marking a year-over-year decrease of 51200.0%. This contributed to the annual value of 24.62% for FY2024, which is N/A changed from last year.
  • Latest data reveals that Hanover Bancorp reported Tax Rate of 25.25% as of Q3 2025, which was up 18800.0% from 27.79% recorded in Q2 2025.
  • In the past 5 years, Hanover Bancorp's Tax Rate ranged from a high of 39.62% in Q2 2021 and a low of 13.82% during Q1 2025
  • Moreover, its 5-year median value for Tax Rate was 23.37% (2024), whereas its average is 24.59%.
  • Its Tax Rate has fluctuated over the past 5 years, first skyrocketed by 186400bps in 2021, then tumbled by -167100bps in 2022.
  • Over the past 5 years, Hanover Bancorp's Tax Rate (Quarter) stood at 22.91% in 2021, then decreased by -1bps to 22.68% in 2022, then increased by 12bps to 25.38% in 2023, then decreased by -2bps to 24.89% in 2024, then rose by 1bps 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.