Hanover Bancorp Inc Tangible Net Worth Ratio
Hanover Bancorp Inc tangible net worth ratio. Hanover Bancorp Inc (HNVR) has a Tangible Net Worth Ratio of 97.0% as of June 2026. This metric is calculated by deducting intangible assets ($6.02 Million) from net assets ($202.75 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Hanover Bancorp Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Hanover Bancorp Inc (2016–2025)
Tangible net worth ratio of Hanover Bancorp Inc from 2016 to 2025. This chart shows how Hanover Bancorp Inc's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of June 2026, the ratio stands at 97.0%, reflecting net assets of $202.75 Million with intangible assets of $6.02 Million USD. See HNVR current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Hanover Bancorp Inc Tangible Net Worth Ratio by Year (2016–2025)
Hanover Bancorp Inc tangible net worth ratio by year from 2016 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Hanover Bancorp Inc from 2016 to 2025, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see how much is Hanover Bancorp Inc worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.7% | $200.27 Million | $6.52 Million | $2.38 Billion | ▼ -0.1 pp |
| 2024 | 96.8% | $196.64 Million | $6.27 Million | $2.31 Billion | ▼ -0.5 pp |
| 2023 | 97.3% | $184.83 Million | $4.98 Million | $2.27 Billion | ▲ +0.1 pp |
| 2022 | 97.2% | $172.58 Million | $4.75 Million | $1.84 Billion | ▲ +0.6 pp |
| 2021 | 96.6% | $122.53 Million | $4.17 Million | $1.48 Billion | ▼ -3.2 pp |
| 2020 | 99.8% | $78.04 Million | $177.00K | $851.61 Million | ▼ -0.2 pp |
| 2019 | 100.0% | $71.95 Million | $0.00 | $848.84 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $525.47 Million | $0.00 | $649.96 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $418.99 Million | $0.00 | $501.36 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $301.89 Million | $0.00 | $362.28 Million | — |