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Hanover Bancorp HNVR Deferred Tax Liabilities Operating Lease Asset

Deferred Tax Liabilities Operating Lease Asset at other companies

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Other financials

Income statement

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Revenue$19.1M+4.1%
Net income$1.9M+23.2%
EPS (diluted)$0.25+25.0%

Balance sheet

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Cash & equivalents$194.4M+21.4%
Total debt$68.6M-56.4%
Total equity$201.4M+2.4%
Total assets$2.4B+3.5%

Cash flow

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Operating cash flow-$2.5M-985%
CapEx$184.0K-19.3%
Free cash flow-$2.7M-4,916%

Valuation

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Market cap$166.89M+7.5%
Enterprise value$41.02M-72.7%
P/E21.3×+7.7×
P/S2.3×+0.1×

Profitability

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Net margin10.6%-3.4pp
FCF margin12.7%+11.4pp

Returns & leverage

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Return on equity3.9%-1.1pp
Debt / equity0.3×-0.5×

Where this comes from

Reported directly by Hanover Bancorp in its filing.

Tagged under the XBRL concept hnvr:DeferredTaxLiabilitiesOperatingLeaseAsset.

The official record: Hanover Bancorp’s 10-K, filed March 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hanover Bancorp's deferred tax liabilities operating lease asset?
Hanover Bancorp (HNVR) reported deferred tax liabilities operating lease asset of $2.52M in Q4 2025.
How has Hanover Bancorp's deferred tax liabilities operating lease asset changed year-over-year?
Hanover Bancorp's deferred tax liabilities operating lease asset increased by 2.3% year-over-year, from $2.46M to $2.52M.
What is the long-term trend for Hanover Bancorp's deferred tax liabilities operating lease asset?
Over 2 years (2023 to 2025), Hanover Bancorp's deferred tax liabilities operating lease asset has grown at a -8.2% compound annual growth rate (CAGR), from $2.98M to $2.52M.
What does deferred tax liabilities operating lease asset mean?
This represents the deferred tax liability associated with the difference between the book value of operating lease assets and their tax basis. It arises from the accounting treatment of lease obligations under current standards. Investors monitor this to understand the tax impact of the bank's real estate and equipment leasing footprint.