CSIMarket
 


Hanover Bancorp Inc   (HNVR)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


Hanover Bancorp Inc 's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Hanover Bancorp Inc 's ROA in the fourth quarter of 2023?
Hanover Bancorp Inc achieved a return on average assets (ROA) of 0.81 % in its fourth quarter of 2023, this is above HNVR's average return on assets of 0.73%.
Hanover Bancorp Inc assets over the 12 months ending in its fourth quarter of 2023 are valued at $1,872 million

ROA has improved compared to 0.64% in the third quarter of 2023, due to net income growth.

However, within the Financial sector 666 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2023 from to 2350.

What is ROA?


Return On Assets (Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
(Dec 31 2022)
I. Quarter
(Sep 30 2022)
IV. Quarter
Y / Y Total Assets Change 16.1 % 29.53 % 38.42 % - -
Y / Y Net Income Change - -41.98 % -45.24 % - -
Net Income (TTM) in million 15 12 14 17 11
Return On Assets (TTM) 0.81 % 0.64 % 0.82 % 1.05 % 1 %
HNVR's Total Ranking # 2350 # # # #
Total Assets (TTM) in million 1,939 1,892 1,848 1,812 1,670
Seq. Total Assets Change 2.49 % 2.36 % 2.01 % 8.48 % 14.35 %
Seq. Net Income Change 13.87 % -3.58 % -39.88 % - -



Return On Assets Company Ranking
Within: No.
Industry # 163
Sector # 667
Overall # 2346

Return On Assets Statistics
High Average Low
0.73 %
0.73 %
0.73 %
(Sep 30 2023)  





Financial Statements
Hanover Bancorp Inc 's Assets $ 1,939 million HNVR's Balance sheet
Hanover Bancorp Inc 's Income $ 4 million Quarterly HNVR's Income Statement
HNVR's Income by Division See HNVR's Income by Division



Annual Return On Assets (Sep 30 2023)
FY 2023
(Sep 30 2022)
FY 2022

FY

FY

FY
Y / Y Total Assets Change 16.4 % - - - -
Total Assets in million 1,939 1,666 0 0 0
Y / Y Net Income Change -35.63 % - - - -
Net Income in million 15 24 0 0 0
Return On Assets 0.78 % 1.41 % - - -




Comment on HNVR's ROA in the fiscal year ending 2023
In the fiscal year 2023 Hanover Bancorp Inc 's ROA decreased compared to previous year to 0.78 %, due to deterioration of net income -35.63 % to $15.16 million, from $23.56 million a year ago, as HNVR's assets were $1,938.75 million.


More Return On Assets Ratios
HNVR's' Return on Assets at Yahoo Finance
Regional Banks Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
HNVR's Roa Ratio versus Regional Banks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for HNVR's Competitors
Roa for Hanover Bancorp Inc 's Suppliers
Return On Assets for HNVR's Customers

You may also want to know
HNVR's Roi HNVR's Inventory Turnover Ratio HNVR's Growth Rates HNVR's Dividend Comparisons
HNVR's Profitability Ratios HNVR's Asset Turnover Ratio HNVR's Dividend Growth
HNVR's Roe HNVR's Valuation Ratios HNVR's Financial Strength Ratios HNVR's Dividend Payout Ratio



Companies with similar Return On Assets at Sep 30 2023, within Financial Sector ROA
Icc Holdings Inc   2.22 %
Virtu Financial inc   2.22 %
Digital Realty Trust inc   2.22 %
Knightswan Acquisition Corporation  2.22 %
Kilroy Realty Corporation  2.22 %
Crossfirst Bankshares inc   2.22 %
Two  2.16 %
Empire State Realty Op L p   2.16 %
Chenghe Acquisition Co   2.15 %
Synchrony Financial  2.15 %
Siriuspoint Ltd   2.15 %
Keyarch Acquisition Corporation  2.14 %
Bank7 Corp   2.13 %
Burtech Acquisition Corp   2.12 %
Corecivic Inc   2.12 %
Direct Selling Acquisition Corp   2.10 %
Blue World Acquisition Corporation  2.10 %
Northern Star Investment Corp Ii  2.09 %
Papaya Growth Opportunity Corp I  2.09 %
Ap Acquisition Corp  2.06 %
Unum Group  2.01 %
Thunder Bridge Capital Partners Iv Inc   1.99 %
Morningstar inc   1.98 %
Axis Capital Holdings Limited  1.97 %
City Holding Company  1.93 %
Invesco Currencyshares Canadian Dollar Trust  1.93 %
Loews Corp  1.90 %
Arrow Financial Corporation  1.90 %
Plumas Bancorp  1.90 %
Home Bancshares Inc   1.89 %


Date modified: 2023-12-22T16:55:22+00:00


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com