Hanover Bancorp, Inc. /NY Annual Return On Assets in % from 2022 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Hanover Bancorp, Inc. /NY quarterly/annual Return On Assets history and growth rate from 2022 to 2023.
  • Hanover Bancorp, Inc. /NY Return On Assets for the quarter ending September 30, 2024 was 0.53 %, a 27.5% decline year-over-year.
  • Hanover Bancorp, Inc. /NY annual Return On Assets for 2023 was 0.73 %, a 50.8% decline from 2022.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 0.73 -0.75 -50.8% Oct 1, 2022 Sep 30, 2023
2022 1.48 Oct 1, 2021 Sep 30, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.