Hanover Bancorp Return on Equity (ROE) Growth & History (HNVR)
Hanover Bancorp's return on equity was 3.77% for fiscal 2025.
View full Hanover Bancorp company overviewHanover Bancorp annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 3.77% | −2.70 pp |
| 2024 | 2024-12-31 | 6.47% | — |
| 2023 | 2023-09-30 | 8.46% | −7.50 pp |
| 2022 | 2022-09-30 | 15.96% | +5.14 pp |
| 2021 | 2021-09-30 | 10.82% | — |
Hanover Bancorp quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.01% | +0.78 pp |
| Q1 2026 | 2026-03-31 | 0.93% | +0.16 pp |
| Q4 2025 | 2025-12-31 | 0.02% | −1.99 pp |
| Q3 2025 | 2025-09-30 | 1.74% | −0.11 pp |
| Q2 2025 | 2025-06-30 | 1.24% | +0.79 pp |
| Q1 2025 | 2025-03-31 | 0.77% | −1.40 pp |
| Q4 2024 | 2024-12-31 | 2.01% | −0.02 pp |
| Q3 2024 · Sep 30 | 2024-09-30 | 1.85% | −0.06 pp |
| Q3 2024 · Jun 30 | 2024-06-30 | 0.44% | −1.26 pp |
| Q2 2024 | 2024-03-31 | 2.17% | +0.38 pp |
| Q1 2024 | 2023-12-31 | 2.03% | −1.02 pp |
| Q4 2023 | 2023-09-30 | 1.91% | −1.52 pp |
| Q3 2023 | 2023-06-30 | 1.70% | −1.83 pp |
| Q2 2023 | 2023-03-31 | 1.79% | −2.64 pp |
| Q1 2023 | 2022-12-31 | 3.05% | −2.14 pp |
| Q4 2022 | 2022-09-30 | 3.43% | −2.51 pp |
| Q3 2022 | 2022-06-30 | 3.53% | +3.31 pp |
| Q2 2022 | 2022-03-31 | 4.44% | +1.87 pp |
| Q1 2022 | 2021-12-31 | 5.19% | — |
| Q4 2021 | 2021-09-30 | 5.94% | — |
| Q3 2021 | 2021-06-30 | 0.22% | — |
| Q2 2021 | 2021-03-31 | 2.56% | — |
Hanover Bancorp return on equity trends
Between the periods ended 2021-09-30 and 2025-12-31, Hanover Bancorp's return on equity decreased from 10.82% to 3.77%, a change of −7.05 percentage points. The latest reported quarter, Q2 2026, shows 2.01%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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