Hanover Bancorp HNVR Prepaid Pension
Prepaid Pension at other companies
Other financials
Where this comes from
Reported directly by Hanover Bancorp in its filing.
Tagged under the XBRL concept hnvr:PrepaidPension.
The official record: Hanover Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Hanover Bancorp's prepaid pension?
- Hanover Bancorp (HNVR) reported prepaid pension of $3.21M in Q1 2026.
- How has Hanover Bancorp's prepaid pension changed year-over-year?
- Hanover Bancorp's prepaid pension decreased by 3.9% year-over-year, from $3.34M to $3.21M.
- What is the long-term trend for Hanover Bancorp's prepaid pension?
- Over 2 years (2023 to 2025), Hanover Bancorp's prepaid pension has grown at a -3.7% compound annual growth rate (CAGR), from $3.5M to $3.25M.
- What does prepaid pension mean?
- The value of pension plan assets that exceed the projected benefit obligation, recorded as an asset on the balance sheet. This represents a surplus in the company's defined benefit pension plan funding. It indicates the company's historical management of post-retirement obligations and potential future cash flow benefits.