Hanover Bancorp, Inc. /MD (HNVR) Tax Rate (2020 - 2026)
Hanover Bancorp's Tax Rate was 25.00% in Q2 2026, down 2.78 percentage points from 27.79% a year earlier and down 11.90 percentage points from the prior quarter.
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Analysis
Hanover Bancorp, Inc. /MD (HNVR) Tax Rate (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hanover Bancorp's Tax Rate was 28.29% through Jun 30, 2026, up 3.81 percentage points year-over-year; for FY2025, it was 24.77%, up 0.15 percentage points from FY2024.
- Tax Rate shows a five-year change of +4.82 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 24.62% in FY2024 (-0.76 pp), 25.38% in FY2023, 22.75% in FY2022 (-0.03 pp) and 22.78% in FY2021 (+2.82 pp).
- The Q2 2026 figure marks the lowest quarterly Tax Rate since Q1 2025.
- The best year-over-year quarter for Tax Rate over five years was Q1 2026 (a gain of 23.08 percentage points); the worst was Q3 2022 (a drop of 16.71 percentage points).
- Per Business Quant data, HNVR's Tax Rate in the three quarters before Q2 2026 was 36.90% (Q1 2026), 75.74% (Q4 2025) and 25.25% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.00% |
| Mar 31, 2026 | 36.90% |
| Dec 31, 2025 | 75.74% |
| Sep 30, 2025 | 25.25% |
| Jun 30, 2025 | 27.79% |
| Mar 31, 2025 | 13.82% |
| Sep 30, 2024 | 23.37% |
| Jun 30, 2024 | 27.18% |
| Mar 31, 2024 | 24.89% |
| Sep 30, 2023 | 24.87% |
| Jun 30, 2023 | 29.89% |
| Mar 31, 2023 | 23.25% |
| Dec 31, 2022 | 22.68% |
| Sep 30, 2022 | 22.71% |
| Jun 30, 2022 | 22.91% |
| Mar 31, 2022 | 22.48% |
| Dec 31, 2021 | 22.91% |
| Sep 30, 2021 | 23.25% |
| Jun 30, 2021 | 39.62% |
| Mar 31, 2021 | 20.01% |
API Access
Hanover Bancorp, Inc. /MD Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HNVR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HNVR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HNVR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();