Hanover Bancorp Inc (HNVR) - Total Assets
Based on the latest financial reports, Hanover Bancorp Inc (HNVR) holds total assets worth $2.37 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore HNVR debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Hanover Bancorp Inc - Total Assets Trend (2016–2025)
This chart illustrates how Hanover Bancorp Inc's total assets have evolved over time, based on quarterly financial data. See Hanover Bancorp Inc book value and equity for net asset value and shareholders' equity analysis.
Hanover Bancorp Inc - Asset Composition Analysis
Current Asset Composition (September 2025)
Hanover Bancorp Inc's total assets of $2.37 Billion consist of 11.0% current assets and 89.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.8% |
| Accounts Receivable | $11.78 Million | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $6.52 Million | 0.3% |
| Goodwill | $19.17 Million | 0.8% |
Asset Composition Trend (2016–2025)
This chart illustrates how Hanover Bancorp Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Hanover Bancorp Inc market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hanover Bancorp Inc's current assets represent 11.0% of total assets in 2025, an increase from 7.7% in 2016.
- Cash Position: Cash and equivalents constituted 8.8% of total assets in 2025, up from 7.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 0.8% of total assets.
Hanover Bancorp Inc Competitors by Total Assets
Key competitors of Hanover Bancorp Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Deutsche Bank Aktiengesellschaft
F:DBK
|
Germany | €1.48 Trillion |
|
Regions Financial Corporation
NYSE:RF
|
USA | $160.74 Billion |
|
Bank of Hangzhou Co Ltd
SHG:600926
|
China | CN¥2.44 Trillion |
|
Banco Santander Chile
SN:BSANTANDER
|
Chile | CL$69.90 Trillion |
|
Grupo Financiero Inbursa S.A.B. de C.V
MX:GFINBURO
|
Mexico | MX$860.26 Billion |
|
SpareBank 1 Sør-Norge ASA
OL:SB1NO
|
Norway | Nkr519.43 Billion |
|
Synovus Financial Corp
NYSE:SNV
|
USA | $60.49 Billion |
|
Bank of Queensland Ltd
AU:BOQ
|
Australia | AU$98.30 Billion |
Hanover Bancorp Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.13 | 0.11 | 0.14 |
| Quick Ratio | 0.13 | 0.11 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.77 Billion | $-1.75 Billion | $-619.41 Million |
Hanover Bancorp Inc - Advanced Valuation Insights
This section examines the relationship between Hanover Bancorp Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.83 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 3.1% |
| Total Assets | $2.38 Billion |
| Market Capitalization | $166.54 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hanover Bancorp Inc's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hanover Bancorp Inc's assets grew by 3.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hanover Bancorp Inc (2016–2025)
The table below shows the annual total assets of Hanover Bancorp Inc from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $2.38 Billion | +3.07% |
| 2024-09-30 | $2.31 Billion | +1.85% |
| 2023-09-30 | $2.27 Billion | +23.37% |
| 2022-09-30 | $1.84 Billion | +23.94% |
| 2021-09-30 | $1.48 Billion | +74.33% |
| 2020-09-30 | $851.61 Million | +0.33% |
| 2019-09-30 | $848.84 Million | +30.60% |
| 2018-09-30 | $649.96 Million | +29.64% |
| 2017-09-30 | $501.36 Million | +38.39% |
| 2016-09-30 | $362.28 Million | -- |
About Hanover Bancorp Inc
Hanover Bancorp, Inc. operates as the bank holding company for Hanover Community Bank that provides banking products and services for small and medium-sized businesses, municipalities, and individuals. It offers a full-service bank providing personal and business lending and deposit services. The company offers checking, savings, money market, time deposit, NOW, and individual retirement accounts… Read more